REPORT: CIA AGENT LINKED TO FIRM FIRED

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP90-00552R000605490173-8
• Release Decision: RIFPUB
• Original Classification: K
• Document Page Count: 1
• Document Creation Date: December 22, 2016
• Document Release Date: September 16, 2010
• Sequence Number: 173
• Publication Date: October 11, 1984
• Content Type: OPEN SOURCE

Approved For Release 2010/09/16: CIA-RDP90-00552R000605490173-8
HONOLULU ADVERTISER (HI)
11 October 1984
Rewald's son spied, newsman told
Report: CIA agent linked
to firm fired
J
A CIA agent linked to Ronald Re-
wald's defunct investment firm was
fired by the agency, syndicated
columnist Jack Anderson says in a
column scheduled for publication
this week, United Press Internation-
al reported yesterday. '
Anderson also said Rewald's son,.
James, told Anderson the CIA paid
him to spy on students at Chami-
nade University and Brigham
Young University-Hawaii.
Rewald has maintained his bank-
rupt investment firm, Bishop Bald-
win Rewald Dillingham and Wong,
was set up by the CIA. Rewald
faces charges in the collapse of his'
firm, in which hundreds of inves-'
tors lost $22 million..
Anderson reported agent Richard
Cavannaugh, who used the Rewald
firm for cover, was fired after an.
internal investigation found him
guilty of "poor trade practices."
Several other CIA- employees as-
~rv.i it,wi with R.Pwald were disri-
plined, Anderson said.
An official close to the case told
The Advertiser yesterday that
Cavannaugh had been placed on
administrative leave earlier.
- A second official said Cavannaugh
did not violate any laws, and that.
the CIA often allows persons in his
position to resign rather than be
fired.
Another ,~ CIA official who dealt
with the, company, station chief
Jack Rardin, was transferred by the ,
[.agency, to Florida following the
company's collapse.
Rardin's predecessor, Jack
Kindschi, joined Bishop Baldwin as'
a consultant following his retire-
ment from the CIA, and therefore
could not be subjected to any inter
nal agency discipline._
By Walter Wright
In a second column, Anderson.
said James Rewald told him the
CIA paid him $100 per month to
spy on students at Chaminade and
BYU-H.
James Rewald said he was watch--
ing and taking photographs of six
Chinese students, at BYU-H for
eight months in 1982, Anderson re-
ported.
BYU-H President J. Elliot Camer-
on told The Advertiser' yesterday,
that James Rewald attended the.
school for four months, from Sep-
tember to December 1982, as a
beginning freshman., He said the
first six students to attend the .
school from the People's Republic
of China arrived that September
and completed the school year in
June. Cameron said there was no -
secret about the. PRC students'
presence, and that they. had been
written up in the school newspaper.
James Rewald's CIA mission in-
cluded sending. clippings of such
articles to a CIA_ contact, Anderson
said. .
The Rev. Robert Roesch, a priest
and president of Chaminade Univer-
sity, said he couldn't say if. James
Rewald attended the school.
James Rewald said Cavannaugh
asked him during dinner one day if
he wanted to spy on foreign stu-
dents for the CIA, Anderson report-
ed.
But Anderson noted the CIA con-
tact described by James Rewald'
sounded odd. James Rewald said
the man was an -American of Chi-
nese ancestry posing as a Japanese
man under the name Tadao Suzuki.
It seemed a bit strange because it
was "in the one state -where - such
an ethnic masquerade would likely
~.be spotted by the large Japanese-
j American population," Anderson,
Approved For Release 2010/09/16: CIA-RDP90-00552R000605490173-8