Arthur Prescott, a Long Island district office manager with Dun & Bradstreet, leaves the Brooklyn Federal Court Wednesday, after he was named in an indictment stemming from a federal grand jury investigation of a $200 million foreclosure scandal concerning slum housing mortgages insured by the Federal Housing Authority. Prescott and the credit-rating firm were named in 24 counts of false statements.

Photo is dated 1972.

Photo measures 8 x 10.25 inches.