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Al Capone's trial would result in eight years in the federal penitentiary...



Item # 720799

October 15, 1931

ALBANY EVENING NEWS, New York, October 15, 1931 

* Al 'Scarface' Capone - gangster - mob boss
* Famous tax evasion trial - Gambling losses ?


The front page has a one column heading: "CAPONE HEAVY BETTING LOSER, BOOKIES SHOW" with subhead. (see images)
Complete with 44 pages, light toning, a little margin wear, generally in good condition.

AI notes: On October 14, 1931, the trial of Al Capone in Chicago was in full swing as the notorious gangster faced federal charges of income tax evasion. During that day’s proceedings, Capone’s defense attempted to argue that his large gambling losses offset much of his alleged unreported income. The defense produced records and witnesses to claim that Capone had lost vast sums through horse racing bets and other forms of gambling, suggesting that his actual taxable income was far smaller than the government alleged. Prosecutors, however, countered that Capone’s lavish lifestyle and lack of legitimate business activity proved he had been concealing significant illegal earnings from bootlegging and racketeering. Despite these arguments, the jury would ultimately find Capone guilty on several counts of tax evasion later that month, leading to his sentence of 11 years in federal prison — one of the most famous convictions in American criminal history.

Category: The 20th Century