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Resource ID: #12321
Subject: City Government
Source: Times Daily (Florence, Ala.)
Date: 1995-04-08


Times Daily looks into the activities of Tuscumbia Mayor Ray Cahoon and the sale of $27.8 billion worth of bonds in the name of the Tuscumbia Downtown Redevelopment Authority. Federal investigators say it has turned into a con game aimed at defrauding investors worldwide.

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