Word: josefowitz
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Dates: during 1936-1936
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Most plausible Josefowitz biography said that the family was originally neither Lithuanian nor Swiss but Russian. They were said to have engaged in a wide-scale business of discounting Soviet bills. From 1924 to 1931 U. S. exports to Russia totaled about $600,000,000. These purchases were handled through Amtorg Trading Corp., the Soviet purchasing agency in Manhattan. Amtorg paid some cash, gave notes for the greater part of the Soviet obligations. Many a U. S. industrialist, suspicious of Soviet credit, was willing to sell his Soviet notes at a large discount. The Josefowitz', confident that Russia would...
...Liberty Street branch of Manhattan's Chemical Safe Deposit Co. last week went Captain William H. Houghton, U. S. Secret Service chief in New York, and two assistants. They had received, a tip that one Zelik Josefowitz was hoarding a large store of gold coin. Armed with a search warrant, they opened the safe deposit box held by Zelik Josefowitz and two other members of the Josefowitz family. Inside were four bags, the weight of which convinced the agents that their search was ended. Opened, the bags revealed a treasure in the form of $20 gold pieces. For three...
Shortly after the gold seizure Joseph T. Higgins, local Collector of Internal Revenue, slapped income tax liens for $740,000 on Zelik Josefowitz, Z. Josefowitz and Frieda Josefowitz of Zurich, Switzerland; for $258,000 on Gregori Josefowitz, care of Lawrence Mead, 20 Place Vendôme, Paris; for $24.50 on Selman Josefowitz, also of Zurich. The two major items consisted of 1934, 1935 and 1936- taxes of $573,000 plus penalties...
Nobody in the U. S. seemed to know much about the Josefowitz family, but last week Zelik Josefowitz turned up in Zürich, claimed that as a nonresident alien he was not affected by U. S. gold legislation. He said that he had no other U. S. gold hoardings and that his Manhattan attorneys, Katz & Summerich, engaged by transatlantic telephone, were confident that his gold pieces would soon be returned to him. He protested against "fantastic" U. S. newspaper reports of his income, said that neither he nor his family had any U. S. income...