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The Windsor Star from Windsor, Ontario, Canada • Page 55
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The Windsor Star from Windsor, Ontario, Canada • Page 55

The Windsor Stari
Windsor, Ontario, Canada
Issue Date:
Extracted Article Text (OCR)

vhiujvyiMKcA 0 gilSiaKiiaiat9tainissiciVaaia Ssi5 12 12 2 2 I LAYAWAY NOW FOR CHRISTMAS at JBmvleroi The Largest Selection of BOWLING SHOES BAGS 7 BALLS 2 PIUS GIFT CERTIFICATES 2 attractively wrapped In a FREE AMF MINI BAU TREE ORNAMENT, Bowlero 2 675 Tecumseh Road West 258-9321 jjj "Home of tha 0, Molton't Mmlan" tasisiaiaia(aiaiaiaiaiaiataiai Stamping firm, owner fined for tax evasion David Foy, special investigator with Revenue Canada, said during the trial that as part of a federal government investigation into Canadas scrap metal business, the finances of local scrap dealers were checked and an audit was carried out on the bocks of Luvak Scrap Metal, operated by Edith Ziff. That audit showed substantial dealings with Veltri Stamping for clippings, a high grade steel by-product of the company metal stamping process. Ziffs books showed that $93,226 was paid to Veltri from 1972 to 1976, but a subsequent investigation into Veltri Stampings accounts showed the company had reported only $3,402 of the amount, leaving $89,824 in cash payments which were not reported as income in the tax returns of either Veltri Stamping Co. Ltd. or Frank Veltri.

WITNESSES TESTIFIED that drivers for Ziff regularly picked up loads of the clippings, which would then be taken to Zalev Brothers, a local scrap dealer, for sale. Ziff testified she kept a record of the amounts picked up and periodically calculated the amount owing to Veltri. At the urging of Veltri, a cheque for the amount of the payment would be made out to cash, she would then obtain that amount of cash from her bank, usually in a small number of large denomination bills, put the cash in an envelope and write Frank" on it. She would then advise Veltri, who would call at her apartment to pick it up. An examination of the banking transactions of Veltri and his family by federal investigators revealed more than $27,000 in miscellaneous cash deposits to bank accounts, as well as purchases of travellers cheques, the majority of which were made on the day of transactions with Ziff or on the following day.

Also discovered was a safety deposit box in Veltris name containing $3,400 in denominations ranging from $20 to $100. A significant number of the dates of entry into the box were again found to be on the day of transactions with Ziff or on the following day. JUDGE STEWART said it was not just a matter of taking Ziffs word against Veltris because there was ample documented evidence to support Ziffs testimony. Federal Prosecutor Bruce Shilton said the Crown would be seeking a penalty of 150 per cent of the tax evaded against the company and 50 per cent against Veltri for evading payment of the $1 1,121 and 150 per cent against Veltri alone for evading the $36,850 in taxes. Judge Stewart said he would impose a penalty of 40 per cent of evaded taxes on Veltri and the minimum of 25 per cent on Veltri and the company, combined for a total of $20,600.

A local metal stamping company and its owner were fined a total of $20,600 Tuesday by Senior Provincial Judge Gordon Stewart for two counts of tax evasion, after Judge Stewart denied a mistrial motion by defence counsel Frank Montello. Frank Veltri and his family-owned company, Veltri Stamping Co. Ltd, of North Talbot Road, were convicted Oct. 5 following a trial that involved seven weeks of testimony spread over two years and five months, starting in June 1 980. Montellos defence submission, which took more than a full day of court time, was not recorded due to a malfunction of court recording equipment and he was asked by Judge Harry Momotiuk to submit it In writing several weeks later.

Montello said during sentencing Tuesday he felt because of that he had not been able to place the proper emphasis on his submission. JUDGE STEWART was away recovering from a broken leg at the time. Denying the motion, Judge Stewart said that while he was concerned about the loss of the submission, Montello had been given the opportunity to submit it in writing, and had accepted without complaint. THE WINDSOR 5 1 AK, VVCUNtiUAY, NOVtVAbtK 1, IVd2 Reagan blamed for woes of aged By Janice Vansickl ri President Ronald Reagan and his Reaganomics, she said. The Reagan policy illustrates in a very significant way the class differences in our society and the separation between the rich and the old.

The fact Reagan is the oldest president doesnt make him an advocate of his peers. He is rich and old. She said Reagan has cut spending on social services while boosting arms spending. We cant have a good economy when were putting a trillion-and-a-half tax dollars into the Pentagon." USING THE MOTTO Nuclear war can spoil your whole day," Kuhn called on her female audience, as progenitors of future generations, to seek a halt to arms spending. I hope very much that in the coming months there will be close co-operation among women of the world in this whole matter of seeking the peace.

I know of no greater legacy we can leave the ones that come after us than to know they can live in peace." Asked how the United States, in the event of a nuclear freeze, could be sure the Soviet Union would do likewise, Kuhn said the signs are favorable according to United Nations observers. DELEGATES from the Soviet Union and socialist states supporting it, she said, have favored a multilateral arms freeze. On a people basis, we can be assured there is a will overseas, and through the United Nations we have an instrument for harmonizing our differences. Grey-haired and small in stature only, Kuhn spoke of serious matters, but not without some humor. On the merits of being old, she said, I am liberated to take risks, raise hell and get away with it.

What helps, she said, is: I have outlived most of my opposition. i i 1 I i -d i i. A to the Star Staff Reporter DETROIT She was speaking in the United States, but wbat Maggie Kuhn said about aging Tuesday can be applied almost universally. In a speech to the Detroit Womens Economic Club, the 77-year-old Gray Panther founder talked about societys failings in dealing with old people inadequate pension systems, insufficient housing and poor health care. The Gray Panthers 1982 priority list is aimed at those three issues.

We are giving priority to the first issue the social security issue and the need to make it safe and credible to overcome the fears and skepticism that people of all ages have about it. THE SECOND priority is to deal with the housing crisis. We have a housing crisis in America of incredible proportions. In Philadelphia alone, she said, 40,000 people are known to be in need of shelter. She said health care is a continuing problem because its fragmented, expensive and neglects older people by paying little attention to health maintenance.

For Kuhn, who makes her home in Philadelphia but spends a great deal of time travelling to speaking engagements around North America, it was a speech thats been echoed on both sides of the border. THE BLAME FOR the failure to address such problems in the United States rests with '1 3 Park deal awaits new council 1 The parkland between Riverside Drive and University Avenue, also owned by the Basi-lians, will continue to be leased to the city for $1 a year. BECAUSE THE current City Council has no power to commit the newly-elected council to the agreement, it can only recommend that the new council accept it. Such a recommendation was made at an in-camera meeting of council this week. The purchase of Assumption Park will be one of the first issues faced by the newly-elect-cd Windsor City Council when it takes office Dec.

1. The Basilian Fathers of Assumption College and the lame-duck council agreed this week on a $307,500 price for the riverfront park. Under the agreement, the city will buy only the park between Riverside Drive and the Detroit River. of McCain frozen concentrated Orange Juice PACE "nlNTD IN COLOR The fact is that McCain uses the equivalent of more oranges in every can than any other national brand. And the result is a richer, fresh-squeezed taste the best youve ever tried.

More and more Canadians are making the switch to the richer taste of McCain Orange Juice. Put an extra squeeze of orange in your morning. TO THE RETAILER. McCain Foods Limited win redeem this coupon lor the bee value plus 7 lor handling providing you receive it Irom your customer according to the terms of the coupon offer. Any other application constitutes fraud.

Invoices proving proof of your purchase of sufficient stock to cover coupons redeemed must be shown on request AS coupons submitted become the property ot McCain Foods Limited. For redemption, mail to McCain Foods Limited, Bov 3000, Saint John, New Brunswick E2L 4L3. One coupon per product purchased Expires Oct 311983 I I 04L7bDSri DEVONSHIRE MALL.

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