L.I. Man Arrested in Jersey Over Stolen M.A.C. Bonds; Companion Is Discovered With $2.3 Million Taken in Separate Stock Theft Arrests in 2 Cars in Jersey Attempted Sale in December Bank Refused to Resign as Trustee
An investigation into the theft of 20 blank Municipal Assistance Corporation bonds from the United States Trust Company has led to two arrests and the unexpected recovery of $2.3 million in stocks and bonds stolen from a Wall Street investment firm in a separate theft last July, Federal authorities said yesterday.