European Stars and Stripes (Newspaper) - March 16, 1990, Darmstadt, Hesse                                Page 6 the stars and stripes Friday March 16,1990 greek Bank . Executives charged in Money laundering new York apr a greek Bank and 12 of its . Executives have been indicted for allegedly helping their mostly greek american customers evade taxes through a $700 million laundering scheme. . Attorney Andrew Maloney said the National mortgage Bank of Greece openly advertised the scheme and called it the a most blatant form of institutionalized Money laundering we have Ever  the Bank a executives who arc free on bail will be arraigned next week on the charges listed in a 30-count indictment handed up wednesday. Under the scheme depositors brought Cash frequently suitcases full to Bank branches. Employees would then help Exchange the Cash for smaller checks or Money orders at nearby . Banks to circumvent Federal reporting Laws on deposits of More than s10,000, authorities charged. The checks were then transferred to Athens or deposited in Bank accounts controlled by the National mortgage Bank of Greece. The Bank which catered almost entirely to greek americans promoted a a secret deposits in the United states assuring customers they could get their Money Back from Greece within three Days without the internal Revenue service learning of the unreported income Maloney said. A the Bank very aggressively advertised in the greek Community. The startling thing was they were Able to operate so openly a Maloney said. The scheme was the largest Money laundering operation in . History that did not involve narcotics Money Federal authorities said. The Athens based Bank had branches in the new York City boroughs of Queens and Brooklyn Hicksville on Long Island and in suburbs of Boston Philadelphia and Chicago. Its branches were not allowed to perform usual banking functions and were authorized Only to serve As a Liaison Between customers in the United states and the Parent Bank in Athens. The Bank flagrantly violated that limitation and illegally opened accounts accepted deposits and processed withdrawals for thousands of customers Maloney said. The Bank a accounts in . Banks were Frozen and its american branches shut after the arrests of the executives last summer. In a statement lawyers for the Bank said the Bank and its officials were innocent and said its services were designed to encourage saving toward purchasing retirement Homes in Greece. If convicted on All counts the Bank a the second largest in Greece and owned in part by the greek government a faces fines totalling about $10 million. If convicted the executives face prison sentences ranging from at least 10 years to More than 30 years and fines exceeding $1 million. Hosing Down Wituk a female Walrus closes her eyes with pleasure Over her at the Cincinnati zoo. Temperatures in the i thursday As Cool water from a Garden Hose gushes area have approached 80 degrees lately. Stateside worker decapitated in storage tank explosion Tulsa. Okla. Apr a storage tank exploded and its Metal lid flew across a Street Decani Taring a worker authorities said. A it was about a 6-foot-diameter Metal fris Bee a fire department capt. Jim White said Quot White said workers had removed an under ground tank to Drain it. In an Effort to Roll the tank Over to finish draining they began Sawine a valve or pipe. The Sparks caused the ignition popping the end free White said. Authorities  immediately identify the liquid. White said. The workers lacked a permit from the fire department to Drain the tank and the fire marshals office and police were investigating he said. Firefighters said the men were employed by . Couch inc. Jerry Horton Foreman for Couch said the workers were assigned to haul the tank to a . School officials invite Gorbachev to visit town Exeter . Apr school officials have invited soviet president Mikhail Gorbachev to visit their town and Are optimistic he might come because of an american soviet High school academic partnership program. A i think its an eight on a scale of one to 10 of happening a school Board chairman Ron Morri Sette said. Exeter High school is one of 25 . High schools participating in the academic partnership Exchange. Two groups of soviet students have visited Exeter and a second group of Exeter students will go to the soviet Union next month. Congressional and state department sources have said Gorbachev May receive an honorary degree at Brown University in Providence.  last weekend in May. Brown has refused to comment on the report. Gov. Judd Gregg has invited him to the dedication of the Christa Mcauliffe planetarium in Concord in  Light plane crash lands in City Park Philadelphia apr a single engine plane that apparently ran out of fuel crashed in a City Park Early thursday and the two people aboard walked away with Only minor injuries. The Pilot Edward Lipski 26, and his passenger Edward Tremblay 31, suffered cuts and bruises and were expected to be released later in the Day from the Hospital of the University of Pennsylvania said spokeswoman Elaine Gal lion. The Beechraft 23 was trying to reach Philadelphia International Airport when it crashed shortly after Midnight about four Miles from the Airport according to the Federal aviation administration. The Pilot had notified air traffic controllers he was running out of fuel and apparently tried to land in the Park said Kathleen Bergen. Faa spokeswoman in new Yor. The plane went Down through Trees and came to rest upside Down about 20 feet from a Road. Bystander admits he shot killer after witnessing slaying at mall Dallas apr a pizza shop owner stepped Forward and admitted he is the bystander who pulled a gun from his car and shot to death a killer fleeing a slaying at a shopping mall. But he said a a in a not Charles Bronson. Todd Allan Broom 25, surrendered in the company of his lawyer wednesday two Days after Eddie Edwards 41, was slam outside suburban Irving mall. Alter hearing brooms Story police decided against filing charges and released him. A there is such a thing As justifiable homicide a said Irving police capt. Travis Hall. But he added that a grand Iury must still review the Case. Hall said police believe Broom merely acted on impulse after witnessing Edwards slaying his former Girlfriend 28-year-old Demetria Yvonne Taylor. 4 a Edwards violently murdered this woman a Hall said. She s Down she a wounded and he Edwards goes and shoots her m the head again after she a  Broom said he saw Edwards Chase Taylor As he pulled into the mall parking lot. �?o1  move. That a when i realized what was happening a he said. A i saw the revolver and it was like. It started sinking  Broom said he shot the Back of Edwards car hoping to disable it then fired again. He said he believed the second shot penetrated the door and struck Edwards Edwards pulled Over and was taken by ambulance to a Hospital where he died. A i did no to want to kill him a Broom a copy machine repairman and co owner of a pizza parlor told the Dallas times Herald. A it Wasny to my goal in life to kill someone it s something in a going to have to live with  for his part Broom rejected any comparison Between him and the main character in the film a death wish a in which an architect metes out Street Justice after his wife is killed and his daughter left incapacitated. Broom gave police a .44-caliber magnum pistol with a scope he said he used to shoot Edwards Hall said. Police initially thought Edwards shot himself but witnesses later reported Edwards was killed by someone else Broom told the times Herald that he fled the scene because he was afraid of being treated like a criminal. He first talked to the newspaper tuesday after it published a report that a third person May have been involved. Winner . Apr the school Board has decided to Stop an annual practice Drill in which male High school basketball players were required to take off one item of clothing for each missed free throw attempt. A after thorough consideration the Board believes such a practice is not appropriate for the Winner school system a the Board said in a statement released after a closed door meeting tuesday. Past and present athletes and Community and College representatives were interviewed tuesday night regarding the controversial practice which was reported last week. But the Board took no disciplinary action against basketball coach Jim  the Board has investigated this matter Ana has been advised that this practice is not unique to this school system this state or basketball in general. We have been informed that other nig Quot schools have utilized this Drill a the Board said