Inside, Teich also details his offer of a reward to anyone helping track down the still missing money and kidnappers. Indeed, as of this writing, no one knows where the majority of the ransom money is located. Operation Jacknap tells the incredible true crime story that continues even now. The real-life crime drama that followed proved strangerthan fiction, involving a tense across-the-country manhunt, a trailer in California stuffed with tens of thousands of ransom dollars hidden inside, a contentious jury trial that dominated NYC headlines for months a guilty verdict that was overturned twenty-one years later on a controversial technicality a retrial stymied by a mysterious fire that incinerated court records and a civil verdict ruling that the kidnapper pay Jack Teich back the ransom money, plus interest. The FBI internally dubbed the Jack Teich kidnapping operation “Jacknap.” history at the time.įBI and Nassau County police detectives spent over a year before finally uncovering the meticulously planned kidnapping ploy hatched by radical mastermind Richard Warren Williams. His captors demanded that his wife, Janet, drop a bag with $750,000 (the equivalent of four million dollars in today’s currency) in a locker at Penn Station, making the Jack Teich ransom one of the highest in U.S. Teich lay handcuffed and chained to the walls of a closet in the Bronx with a medical bandage wrapped around his head to cover his eyes. Two hundred FBI agents and Nassau County police officers combined forces to form a dragnet, hunt for his kidnappers, and rescue him. The New York Times described what happened to New York businessman Jack Teich as a “front page horror.” Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.The incredible true story of one of America’s largest ransom cases-and the massive FBI and police manhunt to bring the radical captors to justice. Principle 9: encourage the development and diffusion of environmentally friendly technologies. Principle 8: undertake initiatives to promote greater environmental responsibility and Principle 7: Businesses should support a precautionary approach to environmental challenges Principle 6: the elimination of discrimination in respect of employment and occupation. Principle 5: the effective abolition of child labour and Principle 4: the elimination of all forms of forced and compulsory labour Launched in the Northern Triangle countries in 2004, these operations successfully jailed many mara soldiers and leaders but failed on almost every other. Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining Principle 2: make sure that they are not complicit in human rights abuses. Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights and The Ten Principles of the United Nations Global Compact are derived from: the Universal Declaration of Human Rights, the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development, and the United Nations Convention Against Corruption. By incorporating the Ten Principles of the UN Global Compact into strategies, policies and procedures, and establishing a culture of integrity, companies are not only upholding their basic responsibilities to people and planet, but also setting the stage for long-term success. Responsible businesses enact the same values and principles wherever they have a presence, and know that good practices in one area do not offset harm in another. This means operating in ways that, at a minimum, meet fundamental responsibilities in the areas of human rights, labour, environment and anti-corruption. The Ten Principles of the UN Global CompactĬorporate sustainability starts with a company’s value system and a principles-based approach to doing business.
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