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Organized Crime / Bank of Boston #301813

CBS Evening News for Thursday, Feb 14, 1985
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(Studio) Report introduced
REPORTER: Dan Rather

(Boston, Massachusetts) Findings of grand jury investigation of Bank of Boston teller's claim that bank accepted unreported and large-scale cash transaction from reputed organized crime leader Gennaro Anguilo examined. [US attorney William WELD - describes unreported international transfers of funds by Bank of Boston.] No. Swiss banks involved and 1980 regulation allegedly violated by Bank of Boston mentioned. [Bank spokesperson William BROWN - claims bank overlooked necessary procedure.] Assistant treasurer secretary John Walker's reaction quoted on screen. Fine levied against bank discussed; several surrounding communities said withdrawing funds from Bank of Boston as result of situation. [City council mbr Robert PENTA - doesn't want city associated with bank guilty of criminal activity.] [Org. crime commission chairperson James HARMON - notes banks' role in perpetuating org crime, drugs.]
REPORTER: Steve Young

Reporter(s):
Rather, Dan;
Young, Steve
Duration:
00:02:30

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