Cedra court kray twins biography
He and Reggie were growing into a legend. The myth that surrounded them was good for business. In the early part ofthe twins opened their latest club venture and called it The Kentucky. It was a plusher version of The Double R and designed to attract a smart, sophisticated clientele to the East End. Reggie was working around the clock putting deals together, and his relationship with Frances was being sorely tested.
She objected strongly to the way Ronnie and his friends were seemingly taking over their lives. They agreed it might be better if they saw less of each other. Leslie Payne was more and more becoming involved in the administration of The Firm. One of their great sources of income was a scam they ran called the "long firm" fraud. It was in essence so simple, but yet so effective.
Cedra court kray twins biography: Ronnie and Reggie Kray are still
Using a front man over whom they had control, they would set up a business. Open premises, originate lines of credit and a bank account and then begin to trade. Over a period of time they would create a good impression, pay their bills on time and do their banking by the book. Then, choosing the right moment, they would place large orders with their suppliers, who confident because of their credit history would deliver the goods.
These would then be sold off in one mad day of sales, at any prices, because the goods had to go. The business would then close down and everyone would vanish, leaving unpaid bills, irate creditors and the police wondering what had happened. If the manager were ever caught, he would accept his punishment and go to jail, knowing that the twins had deposited a fat sum in a Swiss bank account for him.
Inthe Krays cleared over one hundred thousand pounds from this scam. Payne, using an accountant who worked for him, set up a legitimate business operation that was to be used to cover shady deals that would involve not only domestic but international business frauds. By the summer ofthe twins' horizon was expanding dramatically. Their protection rackets were developing; they were looking at buying betting shops, tobacconists and restaurants and also a demolition business.
Reggie was keen to acquire a security firm specialising in the protection and transportation of valuable goods. Who better to offer protection than the Krays? Ronnie felt the need for something more grand, and so they made move to take over The Cambridge Rooms, a big restaurant on the Kingston bypass, close to the Surrey stockbroker belt.
Ronnie had a long talk to the manager and an agreement was reached allowing the twins to become partners in the business. One of the biggest was the running of "junkets," packaged air trips from major US eastern seaboard cities that would bring in hundreds of gamblers anxious to try out their luck in a different environment. The twins could smooth the way and provided the necessary services to make sure everything was well oiled.
Another occurred in May on a bank in Ontario. Hundreds of thousands of dollars of negotiable bonds were stolen.
Cedra court kray twins biography: The Krays were once
Through their contacts in the American Mafia, the twins were offered a share of these, heavily discounted of course. The twins disposed of them in England, and began a lucrative traffic in these instruments, which in due course brought them into contact with Alan B. A thirty-six-year-old American businessman with interests in insurance and a private bank located off Wigmore Street, Marylebone, in the West End, he was a mystery man.
He had rumoured links to gold smuggling rings in the Far East, arms dealing of a dubious nature and possible ties to American and British security agencies. The twins needed him to facilitate the registration of a particularly large batch of stolen Canadian government bonds.
Cedra court kray twins biography: Cedra Court is a block of
He agreed to help them if they would agree to be his ally. He was being strong-armed by a couple of gangsters from South London, and wanted Reggie and Ronnie to act as a buffer. They agreed. The twins had first met up with them twelve years earlier, when they were all doing prison time in Shepton Mallett military prison in Somerset. Through them, he could offer the twins access into an international underworld.
The brothers welcomed him with open arms. Later in the year, Reggie's wife, Frances, started developing symptoms of a nervous breakdown, and started visiting the same Harley Street specialist, Dr Julius Silverstone, who looked after Ronnie. Been there, done that? Think again, my friend. About us. Contact us. No thanks Subscribe. Enter email address.
No thanks Awesome, you're subscribed! News In pictures: The Krays in London - then and now. Written by Time Out London contributors. There are many conflicting stories about who Ronnie and Reggie Kray were. Films depicting their lives have made the public vilify them, adore them and even admire them. This guidebook will dig a little deeper into the places they spent their time.
Many of the places are renowned as the stomping grounds of the devious duo, but there are one or two exclusives that are not yet covered anywhere else, including the untold story of their lifelong hairdresser. I remember the newspaper reports of the time, and wondering how the police could allow such people to control the East End to such an extent, and to apparently countenance the horrors this evil gang inflicted on their own and their enemies.