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The Region - News from May 11, 1986

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Two reputed organized crime figures and a San Fernando Valley man have been indicted by a federal grand jury on charges that they schemed to defraud General Enertech Corp. stockholders by fraudulently transferring 400,000 shares of the firm’s stock. The seven-count indictment names Michael A. Rizzitello, 59, of Canoga Park, Robert George Paduano, 43, of Newport Beach, and Nicholas Nardi, 66, of Chatsworth.

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