THE MAGADDINO FILES

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Stefano Magaddino — FBI Section 1

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OCR transcription — Page 146

BU 92-61 — Printed report page 16 On April 22, 1958, T-14 advised that information had recently come to his attention that [REDACTED] made the claim that in December, 1957 he [LARGE PASSAGE REDACTED]. Informant is of [PARTIALLY OBSCURED] opinion that [REDACTED]. Informant was unable to furnish any additional information relative to the association between DOMIANO and [REDACTED]. On May 21, 1958, T-5 advised that FRED RANDAZZIO (also spelled RANDACCIO), alias Freddy Lupo, has now taken over complete management of the numbers racket in the Buffalo area, having been appointed to this role by the subject. Informant stated that RANDAZZIO represents “the muscle,” and he expects that RANDAZZIO is now accepted by Buffalo hoodlums and gamblers as the local representative of STEVE MAGADDINO of Niagara Falls. E. LEGITIMATE ENTERPRISES On December 19, 1957, the following information regarding the subject was obtained from the records of Dun and Bradstreet, Inc., Buffalo: The report relating to the subject's business activities was dated August 20, 1957, and STEVE MAGADDINO is listed as the President of the Power City Distributing Company, 200 9th Street, Niagara Falls. [REDACTED] and PETER J. MAGADDINO as the Vice President, and PETER A. MAGADDINO as the Treasurer. The report for the Power City Distributing Company reflects the volume of the business is gaining, but the officers of the distributing company refused to furnish Dun and Bradstreet with any financial information regarding the distributing company. The Dun and Bradstreet report reflects that the debts of the distributing company are moderate; the authorized capital is twenty thousand dollars, consisting of one hundred dollars par value shares; and on December 8, 1941, the authorized capital was increased to fifty thousand dollars. The Power City Distributing Company sells Utica Club, O'Keefes, Pfeiffers, and Budweiser Beers under license C903. [Transcription draft. Redactions are left intact; overlapping ink and corrections should be checked against the scan.]

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