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New York City / Diamond Ind. / Organized Crime / Murders #249151

CBS Evening News for Wednesday, Oct 26, 1977
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(Studio) Bpts. cited that say United States diamond trade has drawn new interest from org. crime, possibly due to string of unsolved industry murders. Effect of murders on trade noted.
REPORTER: Walter Cronkite

(NYC) Report on NYC's diamond industry, murders that have recently been revealed here, in Florida and Puerto Rico, and effect of murders on diamond trade. Recent murder of diamond broker Pinchos Jaroslawicz in apparent robbery cited. (Photos shown.) [NYPD detective John BRESLIN - gives details of robberies in New York City diamond district, from own experience.] Concerns of people in industry, with regard to interest of organized crime in business and methods of dealing in trade cited. [Broker Jules RUDNICK - notes generations of his family in business] Reporter notes many in business are Hassidic Jews, who fled persecution in Europe. [RUDNICK - cites advice to those fleeing from Hitler, when asked how they should invest.] [Trader Rennie ELLEN - cites beliefs about changes in industry due to current concerns.] Changes already in effect noted.
REPORTER: David Culhane

Reporter(s):
Cronkite, Walter;
Culhane, David
Duration:
00:03:50

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