Monday 30 May 2016
Lost Treasure – Red Jack Gang Outlaw Loot
Red Jack Gang Outlaw Loot:Value of loot: 8,000 cold coins estimated value $900,000
The murder mystery of Marjorie Jackson and her missing millions!
Marjorie Viola O’Connell Jackson’s money came from her husband Chester Jackson, a businessman and shrewd investor who amassed a fortune before his death in 1970.
Chester Jackson’s father, Lafayette Andrew Jackson, founded the Standard Grocery chain that grew to include more than 250 stores in Indianapolis and other cities around the state. Chester Jackson became the company’s president in 1931 after his father was shot and killed during a robbery of the chain’s flagship store in the 400 block of East Washington Street.
Jackson sold the chain in 1947 to the National Tea Co., according to the book “Notorious 92: Indiana’s Most Heinous Murders in All 92 Counties” by Andrew E. Stoner. The account says the sale “allowed (Jackson) to buy $14 million in coal stocks, $5 million in municipal bonds, $1 million in cash and Treasury bills, and other investments.”
“In all,” Stoner wrote, “the Jackson estate was worth more than $25 million.”
Hidden Cash
When Chester Jackson died in 1970, Marjorie Jack
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