$7000 fraud by Cornfeld alleged
(N.Z .P. A. Reuter—Copyright) LOS ANGELES, Feb. 21. The former head of the Investors Overseas Services (Mr Bernard Cornfeld) has appeared in a Los Angeles District Court on charges of using illegal “blue boxes”— electronic equipment — to place free telephone calls overseas.
Cornfeld, aged 47, was freed on $lO,OOO bail pending arraignment on March 15.
He was indicted by a Federal grand jury in Los Angeles on June 4, 1975. on charges of making 55 calls to London, Geneva and other overseas centres using the “box” which circumvents monitoring equipment so that calls are not charged. F. 8.1. agents searched Comfeld’s Beverley Hills home on January 28, last year and seized two blue boxes there, according to the Assistant United States Attorney (Mr Robert Bonner) who was in charge of the grand jury investigation. The Pacific Telephone Company alleged it had been defrauded of about $7OOO from 350 overseas calls. Cornfeld faces a maximum of 15 years in gaol and fines totalling $3OOO if found guilty.
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Bibliographic details
Press, Volume CXVI, Issue 34084, 23 February 1976, Page 13
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171$7000 fraud by Cornfeld alleged Press, Volume CXVI, Issue 34084, 23 February 1976, Page 13
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