Werner von Clemm

Werner C. von Clemm (27 September 1897 - 14 April 1989, Biddeford, Maine) was born into a German family that married into German nobility, the Nazi party and prominent American families. His father-in-law was a Vice President of Citibank. In 1922 he immigrated to the United States. Prior to this he had served in the German army during World War I. He was a representative of the German international banking firm Hardy & Co. and an employee of the Pioneer Import Corp., which imported materials from Germany and handled his cousin and Nazi diplomat, Joachim von Ribbentrop's champagne business. Along with his twin brother, Karl he had become friends with U.S. oil man, William Rhodes Davis. In the United States Werner became Vice President of Davis' Davis & Co., which shipped large quantities of oil to Germany and became a propaganda strategist and financial aid of the America First Committee, which encouraged American isolationism. In 1940 the Nazis seized large quantities of diamonds from Belgium and Holland, which Werner was smuggling to the U.S. To avoid detection he moved the diamonds through various European cities, shipped them to South America and they eventually found their way to New York. The operation was stumbled upon by mistake by agents of the Treasury Department when they searched a Budweiser beer box being carried by two American soldiers of German descent. On inspection of the box they found it had a false bottom under which were one hundred letters and government bonds. The letters detailed Werner's diamond smuggling operation. After further investigation von Clemm was arrested on 28 January 1942 and was sentenced to two years in prison for his crime. On his release he entered private banking. He was also an agent of the German intelligence agency, Abwehr and was involved in espionage during World War II.

His son Michael von Clemm went on to becom a leading American banker who was involved in Western banking operations in Africa and helped found Canary Wharf.

References

"This article incorporates copyrighted text from [http://www.doom-chronicle.co.uk Doom Chronicle] , used by permission of the author."