Monday, May. 24, 1954
Nix on Checks
This week in Manhattan, having been found guilty of evading $51,095 in income taxes, Racketeer Frank Costello, 63, got the bill. Federal Judge John F.X. McGohey sentenced him to five years, $30,000 in fines. Costello, his eyes red from weeping, had already indicated that he had learned his lesson--or, at least, one lesson. "Remember this," he told reporters in his familiar rasp. "When you spend money, spend cash and don't spend checks."
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