800.01B11 Registration/11–2349
Memorandum of Telephone Conversation, by the Chief of the Division of Eastern European Affairs (Reinhardt)
Mr. Lenvin1 telephoned to state that the case against the Amtorg Trading Corporation for failure to register under the Foreign Agents Registration Act of 1938 is now closed.
At the hearing this afternoon the indictment against the six individual officers of the corporation was dismissed. The corporation then pleaded nolo contendere to the charges against it. The Court, in rendering judgment against the corporation, set a fine of $10, 000, the execution of which, however, was suspended.
I thanked Mr. Lenvin for his courtesy in informing the Department so promptly and expressed the view that the foregoing represented an ideal solution of the problem presented by Amtorg’s reluctance to comply with the registration law.2