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Show 18B The Salt Lake Tribune Friday, March 16, 1984 Alleged Links to Fraud Conspiracy Extortion Trial Begins; 4 Accused of Making Threat By Charles Seldin Tribune Staff Writer The extortion trial of four men allegedly linked to the Universal and Independent Clearinghouse scandal began Thursday with the government asserting that defendants threatened to take care of two men over delinquent payment of a The defendants are also linked to an alleged fraud conspiracy involving the massive Universal and Independent Clearinghouse cases, in which it is alleged that 3,800 inves versation in which Mr. Brancucci allegedly threatened Mr Hovenden Also, he said his brother, Ken, was present when he spoke with Mr. Indictments in both cases were handed down in May 1983 OOOOflOBfl adsitorehrson; OWHA'kli arly Bird Sale $750,000 loan. One of the defendants, Barry Crowther, representing himself, admitted that threats were made, but said they were threats of legal, not physical, action The defendants, Mr. Crowther, Salem, Utah County; Kenyon V. Black-moralso Salem and a fugitive from justice; Jerry Brancucci, Denver, and Grant Roylance, Provo, are accused of threatening Newton Taylor and Alan Hovenden or a member of his family if a $750,000 loan was not repaid within seven days. The four are being tried before a jury empaneled by Chief Judge Aldon J Anderson, U.S. District Court for Utah The governments chief prosecutor, Samuel Alba, told the jury in opening statements that the defendants loaned the money to Mr. Taylor for investment purposes in January 1981. Mr. Taylor, acting as a finder, then put them in contact with Mr. Hovenden, and a gold refining business was set up in Texas Terms of the deal called for Mr. Crowther and his associates to be repaid at 5 percent a week interest. When the payments which had reached a high of $31,125 a week l, ceased in the defendants hired Mr. Brancucci, of the ABC Collection Co., who then threatened the two, the government contends. Mr. Crowthers story did not differ substantially, although in a lengthy opening statement, he said he did not loan any money to Mr. Taylor and Mr. Hovenden. He said the money came from a company, Merchants Exchange, in which he held a fiduciary position. He said he invested in a plan to earn interest from a booming gold and silver market and the agreement was under common law. He said Mr. Brancucci was not authorized to threaten the men with anything other than legal action. He claims that he did not hear the con- - TOKO MOWERS e, Prices too low to advertise UNBELIEVABLE g MBS FEATURING o o We have a few on sale at left 40 OF I? S 278-53-83 278-048- 599iIsp5highiHnd J ftl.ll 7 Ji IWPEHRSON'SlEVERY.THINGXEb in p p.lSrTOO 2 7?. 7 VM ANY PRIMERS Must bring coupon Valid thru March 31, 1984 Cana A Wjr m orrn-t- ck I snaeuCOURONam yj , ir products TRUCKLOAD VOLCK SUPREME OIL SPRAY Controls scale insects, mites, mealy bugs L , i CXTXS a 5 k ft A 1 , 1 a - if J vJ n 1 , i r, i i 3 DORMANT DISEASE CONTROL Control peach leaf cut, powdery mildew on roses Lome-sulfformulation for both ' i- - dormant and growing season fkissy. tL qt. SUPER BUY!! sUI r.Yrr: Jvt f I , i . . -- i , , '; Lake for t ;1 Vi. . it 1 ' '1 V t Cut. . ' - p'- ? d ); yyr r -- ' k I - ( 3 - V' TT ;iv' !r -t- v-- 4 V' ' . j if', 4 y.H i ? iti V1 7 L f tt 5 v, aA i Drain Repairs It looks like a flood but it isn t Due to construction work in underground storm drains, Salt Lake County flood control officials have restricted the flow of Parleys Creek at 1300 East and backed water up into Sugarhouse Park The tiny pond in Sugarhouse Park has turned into a small lake which covers large sections of lawn and a section of the park loop road The scene is reminiscent of last spring when flood waters were stored in the park to ease flooding along 1300 F Reg. 2.98 ,r Ficus Benjamina Ficus Nitida Areca Palm inch pot size or larger All 10 Draceana Fast Growing 6 pots South. Super Buy 10 inch Split Leaf Philodendron wwV $099 39.99 1984 SEEDS LEAF PEAT MOSS RAKE POTS 18" leaf rake Reg 395 Marginata Star Pine False Aralia Dieffenbachia Philendron Selloum Rubber Plant Pigmy Date Palm Yucca Bamboo Palm and many more Home of Hank the Petunia King r Start your own garden and flowers inside now. Square or round Great for new startings Open Daily 9:00 to 6:00 p.m. i CLOSED Mi. SUNDAY V H A 4 Sterilized Mixed special for indoor use and starting plants & seeds. Porter Walton Loft and others h j 7 if . T Umlt 10 bags par customer ' BAG Reg. 1.98 Park Pond Made fU U jr 1 c: ' v: "' v .V Not From Flooding a IT. Apply now to fruit lawns trees, shrubs and berries. Mulch your gardens now LARGE BAG a v (J L, - A m, A, Am m. A LIMITED NUMBER Cottonwood Mall 4835 Highland Dr., Storm Causes Minor Outages Neil Stack, operations administrator for flood control, said water is being stored in the park to allow damaged sections of storm drain conduit to be repaired Boulders and other debris carried in last spring's floodwater eroded portions of the conduit's concrete lining The small lake is expected to remain for several more days as construction crews finish their work Water in the park will then be drained Mr Stack said it's possible the lake will form again later this spring if additional conduit work is required LeRoy Hooton Jr, director of public utilities for Salt Lake City, said no water is being released from Mountain Dell Reservoir in Parleys Canyon, so all of the water accumulating in the park is runoff from recent rains When the conduit repairs are complete, Mr Hooton plans to empty Mountain Dell Reservoir and use it through the peak flooding season to control runoff This could eliminate the need to once again convert 1300 South into a "sandbag river In a normal year, the reservoir is drawn down to about 25 percent of capacity prior to the runoff OPENING RATE PRE-GRAN- D OPEN 7 DAYS A WEEK 24 HOURS A DAY Closeout Prices! V A OVER 1 7,000 SQ FT OF BEAUTIFUL SURROUNDINGS JOIN NOW FOR SUPER SAVINGS Nautdus Equcvnent Olympic Weights Racquet Be &wrmmng Pnot Aerobes and Water AetuUcs Wwlpoot Dry Saunas Eucalyptus Steam Room Nursery Indryiduatized Program Trarved Personnel On Duty At Afl Times And Separate FacAties tor Men & Women TORO SNOWTHROWERS mid-Apri- Pacific cold front which brought rain and snow to the Salt Lake Valley was apparently responsible for several minor power outages Thursday night. A Utah Power & Light Co. dispatcher said downed wires apparently caused by weather hit State Street from 2800 South to 3250 South and in the area of 1300 East and 2000 South. There was also an outage near 4000 West and 4100 South, West Valley City, at about 9 25 p m. The UP&L dispatcher said crews had cleared from the 1300 East location and were working to restore power in the other jL, tors from across the country were swindled out of about $lfi million PcJytxopylene prevents rust v JRkh $ |
