Search the Archive

Florida Land Swindle #482719

NBC Evening News for Friday, May 16, 1975
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws. For any such use, please visit NBC NEWS Archives XPRESS.

(Studio) Officials in Florida uncover possibly biggest land swindle in history; details given.
REPORTER: John Chancellor

(Miami Beach, Florida) Equitable Dvt. Corporation dvter. of Highlands estates; till recently, company also sold corporate notes to investors promising payment of 14% interest and backed by 1st mortgage deeds to parcels of land in subdiv. [Investor, Mrs. Bettye BIGGART - says she acted in good faith but lost $20,000.] [Equitable Corporation president Bernard HOROWITZ - says company did get behind in some payments to investors; reasons given.] Equitable just 1 of 56 companies under investigation.
REPORTER: Kenley Jones

Chancellor, John;
Jones, Kenley

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.