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McNALL TAKES FIFTH DURING CREDITORS MEETING
Published September 19, 1994
Bruce McNall, the former owner of the L.A. Kings and Toronto Argonauts, "repeatedly invoked the fifth amendment" when asked during a bankruptcy proceeding if he had secreted funds overseas. When questioned if he had transferred large sums of money to bank accounts in Switzerland, England, and Liechtenstein, McNall chose not to answer (Jim Tranquada, L.A. DAILY NEWS, 9/17). McNall is mired in "bankruptcy proceedings and the FBI is looking into his role in the disappearance of $3.3M in ancient coins from a fund he managed" (Sallie Hofmeister, NEW YORK TIMES, 9/19).