Larry King acquired power by catering to the inner desires of those who were (and still are) already powerful. The Franklin Credit Union was his means. At the time, it appears that the only people who knew about King’s dark side was the African-American community of North Omaha. State Senator Ernie Chambers, who represented North Omaha in the State Legislature, had collected dozens of reports and complaints on King’s actions over the years. His activities were well-know. But that didn’t stop him and, at times, he certainly wasn’t trying to hide it. For example, in a multi-million dollar renovation on Franklin’s offices, he demanded that a bedroom be built. The door was locked and entry was prohibited. King was the only one allowed in, except for the “friends” that sometimes accompanied him.
As he rose through the ranks of the Republican Party and acquired more wealth, his power and influence expanded from the local level to the national level. He sung the Star-Spangled Banner at the 1984 and 1988 Republican National Convention. He went from managing a small credit union in Omaha, Nebraska to rubbing elbows with U.S. presidents, congressman, senators and other members of the political elite.
According to his personal photographer, Russell Nelson, his parties were a virtual “who’s who” of the political elite establishment. High-ranking Republican and government officials routinely attended King’s infamous parties. Some of the reported activities include homosexual orgies, drug use and drug dealing, Satanic rituals and sacrifices, child abuse, child sexual abuse and murder. This claim would later be corroborated by the testimony of Alisha Owen and Paul Bonacci. What took place at these “parties” would be corroborated, as well. Bonacci has stated that he would frequently go on trips all over the country with Larry King. On one occasion, after landing in Las Vegas, they traveled 80 miles north to a secluded airstrip where victims (children) would be auctioned off for up to $50,000. Some of those auctioned would leave in unmarked planes belonging to “foreigners with accents and wearing turbans.”
Another trip Bonacci recalls is traveling with King and another boy to Sacramento, California. From there, they drove north, into an “area that had big tress.” (Bohemian Grove?).
Eulice Washington, also a victim, recalled that at one particular party she saw George Bush Sr. pay King money and then leave with “a nineteen year old black boy named Brent.”
It has even been reported that during the Reagan and Bush administrations, midnight tours of the White House were common among the male prostitutes.
In July 1990, the World-Herald’s hard work to hide and discredit paid off when the grand jury threw out nearly every charge dealing with sexual child abuse. It was labeled by the grand jury as “a carefully crafted hoax.” The Franklin Committee assigned to investigate the matter responded in a statement,
“We assume from their choice of words – a carefully crafted hoax, that the Grand Jury was persuaded that the testimony of the witnesses corroborated each other…Otherwise, it could not be logically deemed ‘carefully crafted.’”
The Franklin Committee was one of the few “official” bodies that were actually trying to investigate the Franklin case. It hired Gary Caradori has lead investigator. Caradori, a former private investigator and first-rate pilot, remarked to his wife, “If even half of what I have heard is true, this is the biggest thing to ever hit Nebraska.”
In hindsight, Caradori’s remark to his wife was an understatement. The Franklin scandal, if the truth were to ever get out, would be the biggest thing to ever hit the United States - period. Watergate, compared to Franklin, was amateur night. Caradori was completely unaware of the forces aligned against him. However, he would quickly take notice of them.
In September 1989, Caradori’s house was broken into. The following April, a telephone repairmen notified him that his phones were tapped. He reported to Nebraska Secretary of State, Alan Beerman, that he and his employees had encountered numerous threatening situations.
“Why?” he asked Beerman in a letter. “Am I too close to something they do not want to become public?”
In early July 1990, Caradori and his 8-year-old son A.J. flew in Caradori’s private plane to Chicago to attend the Major League Baseball All-Star Game being held in Wrigley Field. Of course, there were other matters he wanted to attend to, as well. He planned on doing some investigative work. When new evidence turned up, he called Nebraska State Senator Loran Schmit, head of the Franklin Committee, and reportedly said “We’ve got them! There’s no way they can get out of it now!” Caradori informed Schmit that he would review the new evidence with him when he returned to Nebraska. Caradori and his 8-year-old son didn’t make it that far.