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Santa Cruz Sentinel from Santa Cruz, California • Page 13

Location:
Santa Cruz, California
Issue Date:
Page:
13
Extracted Article Text (OCR)

Monday, June 16, 1980 Santa Cruz Sentinel 13 Millionaire On The Run Wencke Enjoying Last Laugh, Or Starting New Firms? maid with a chilled martini says a personal acquaintance of the fugitive. "And I'll bet you there was a family." "Walter Wencke is super organized, so sure of himself." waiting when he got to where he was going." RANCHO SANTA FE (AP) "1 want a company with $1 million in sales or better, profitable or unprofitable," said the 1976 advertisement in the Wall Street Journal. By then Walter Wencke, who placed the ad, had been acquiring companies for a decade. And by then various regulatory agencies were becoming interested in his endeavors. But Wencke a former la bor lawyer who was the Democrats' nominee to Congress from San Diego in 1960 kept at it for three more years before he, not the government, decided he should move on.

The only things or people he left behind, investigators say, were his wife Cathryn and two teen-age children, along with their cars and a $1 million home on 14 acres of rolling land near the ocean north of San Diego. In one of his ventures, 1.400 investors in California alone are certain they'll never again see $10 million they lent Wencke for a winemaking project that withered on the vine. Gone is one man's empire that included hotels in California, Nevada Nebraska, Missouri and Nevada; several dozen companies, and 14,000 acres of rich California farmland, mostly in the Central Valey. The creditors in Sun Fruit. Wencke's publicly held company with properties in California and Nevada, claim they lost more than $1 million.

Untold fortunes invested in farm and other Wencke operations are missing squandered or stolen, authorities claim. A lawsuit never resolved against Wencke, now 56, demanded $45.2 million for alleged fraudulent schemes to inflate the net worth of Sun Fru't and Time-Lenders, alleging phony real estate transactions and paper profits back to 1971. A bondsman, Bud Doyle, forfeited $100,000 which he invested in belief that the distinguished looking, Harvard-trained Wencke would go to jail for mail and securities fraud voluntarily last Oct. 8 when a final appeal was rejected by the 9th U.S. Circuit Court of Appeals.

Wencke never showed for his five-year prison term. TUESDAY WEDNESDAY DINNER SPECIAL SMORGASBORD ex Not Behind Murders Bring in these coupons and SAVE icological studies would be A worldwide hunt by Interpol done on the eirl's bodies. This has been under way in 126 coun- VAI ID ONLY VVH THIS COUPON VAI ID ONLY WITH THIS COUPON LOS ANGELES (AP) The bodies of two teenage hitchikers found alongside the Ventura Freeway showed no sign of being sexually molested, a county coroner's autopsy said. The two girls, half sisters from Huntington Beach, died from bullet wounds, said Stan Stratton, of the county coroner's office. An autopsy conducted Saturday showed that 15-year-old TUESDAY WEDNESDAY could take as long as six to tres since then.

Across thr eight weeks, Stratton said. United States, the balding He said he didn't know the Wencke looks out from post purpose of the added tests, "but office walls. Wencke was grow-1 I don't think they could alter n8 a gray beard and letting his the cause of death" for the two sParse hair grow long when he I girls. disappeared. An investigation into when A few leads have developed i a.

i. i i hut fi7TioH Gina Marano died from a single gunshot wound to the head. Sixteen-year-old Cynthia Chandler died from bullet wounds to her chest and head, the autopsy stated. The girls' father identified them Friday morning and said they had been hitchhiking to the Colorado River. Their partially-clad bodies were discvered by a highway crewman Thursday afternoon on an embankment of the westbound ramp at Forest Lawn Drive.

Stratton said further tox- (Reg. $4.29) (Reg. $4.29) i me snooungs iook piace ami hnw Inner the hnHiPC haH hppn The missing financier cer left next to the freeway was tainly took money with him and BRING IN I'HIS COUPON ill ddulKin BKIN( i IN 1 1 IIS COUPON ill ddiill p.inu otn i'ii(v ihis. SPKCIAL. continuing.

nas Deen unKea 10 DanK ac-i EARLY Df iViVEPk. SPECIALS! SERVED FROM 3 P.M. TO 6i30 P.M. GRILLED RED SNAPPER MONTEREY BAY CALAMARI CHICKEN TERIYAKI BARBECUED SHORT RIBS I j. i nnnnlo in Dcrmiifli cnn tour party cm tiiou mis srr.UAl Cfijbte GOOD: June 17, 1980 me gins aiea sometime in vwumo uvuiiuua, nay v.u.

the two-day period before dis- Marshal's investigators. But he covery of the bodies, Detective speaks six languages including Russian and Japanese and "left I clable GOOD: June 18 1980 a cij iviu Lt an, oava i SMORGASBORD I SMORGASBORD VALID ONLY WITH THIS COUPON VAI ID ONLY WITH THIS COUPON DINNER HOURS: 4:30 to 8:00 Fri. Sat. 4:30 to 9:00, Sunday 1 1:00 to 8:00 1955 41st Ave. (Next to Lucky's) 475-4043 Apartment Fire Kills One, Injures 12 In Los Angeles Bowser, the senior chief deputy U.S.

marshal in San Diego. Inspector Don Grathwell, assigned to locate Wencke, says "I don't seehow he's laughing he doesn't have freedom of movement or get to see his thumb, Aquaro said. The fire was put out in 31 minutes after 15 fire companies arrived on the scene. Cause of the blaze was under investigation. Arson was called the cause of the second greater alarm fire, which burned a single-story family home in back of a commercial building on the 5500 block of Broadway, Aquaro said.

There were no reported injuries from that fire, which was reported at 1:57 a.m. and took eight companies of firefighters 16 minutes to knock down, Aquaro said. 14 mWmS 5 tU SINCE 1917 company DINE ON THE BEACH AT SANTA CRUZ OVERLOOKING MONTEREY BAY. HOURS: P.M. UNTIL 10:30 P.M.

CLOSED TUESDAYS DINNER COCKTAILS I )' jjNX AT THE WHARF SANTA CRUZ CALIFORNIA SC'- (40t) 4J1-51T1 SANOUn ff Molt moor crodlt lordi FACILITIH I uqii wiiii i i i umfwy! '-i' JiQ" li ii i ii'Wi'tf'i i i di'i inifi'l'ii i'i' i itinii -1" 'T ANGELES (AP) One man was killed and 12 people were injured today when a fire broke out at a four-story apartment building near downtown, forcing 150 residents to evacuate. The blaze was one of two greater alarm fires which started within minutes of each other and caused a total of $80,000 in damage, said city fire department spokesman Ted Aquaro. The fire at the Kay Apartments in the 100 block of east Washington Boulevard was reported at 1:48 a.m. and the lobby of the u-shaped, brick building was completely in flames when firefighters arrived. A man in his 50s died of burns suffered from the fire.

He was found in a stairway leading to the lobby, Aquaro said. The victim was not identified pending notification of relatives. Most of the injured suffered from smoke inhalation, including three police officers. A fourth officer injured his MONDAYS Comp sim.hi hs warn $7i MH Include 'lod bor Wl ondcholwof tj i bevera a WITH THIS COUPON COMPLETE GROUND BEEF yd 1 Each Dinner Includes: CHEESE TOAST GOLDEN SPUD A TRIP TO OUR SALAD BAR and BEVERAGE Single Complete Dinner $2.99 Take Oulsal Reg. Price Chicken Supreme OR Chicken Teriyaki $5.95 Treat yourself to our supremely delicious boneless breasts luxuriantly nestled In mushrooms and wine sauce.

Or book passage for a spicy taste adventure from the Orient. Your complete dinner features our soup of the day or a big green salad garnished with bay shrimp and your choice of baked or duchess potato or rice. PORTOM HOUSE Steaks Seafood Spirits 3326 Portola Drive 476-2733 COFFEE MILK TEA SOFT DRINK ri vt ONE COUPON GOOD FOR THE WHOLE FAMILY C0Up0" God 22 THE fL 1970 Freedom Make the beginning of the week special with our salad bar and a juicy Sizzler Steak, cut from the sirloin and broiled the way you like it. Plus a baked potato or french fries, Sizzler toast, a salad and your choice of beverage, including champagne, wine or beer. So come to the Sizzler early in the week.

See our manager about Senior Citizens programs. Sizzler dinner served only ct: 81 THE HOME OF STEAK LOVERS Freedom urn mm mmmmimimmmmmmiwim ITS 1720 Story Rd. (King SAN JOSE 131 W. Santo Cipro (San Pdro) S3S3 AlmadonExpway. (BloMomHill) 2910 Aborn Squaro (Capltola) 370 N.

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AND ALL YOU CAN EAT FROM THE Rio Del Mar 0 Exit Ant Zi.S&fe7V'-W. to -ej Our Price is Special co: aass -vr i II 1 THE BURGER PIT STEAKHOUSE CAPITOLASOQUEL nin a a i a. in A I Oil 4 I 01 MVWI I Ut? Last; mjff.ft jjbjf janrfSg "'rifljijmim.

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About Santa Cruz Sentinel Archive

Pages Available:
909,325
Years Available:
1884-2005