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             U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 15106 / October 3, 1996

SECURITIES AND EXCHANGE COMMISSION v. WESTERN EXECUTIVE GROUP,
INC., CASH SYSTEMS USA, INC., CHARLES R. RIETZ, ROBERT R.
PARRISH, ROBERT J. STRUTH and R. STEPHEN EDGEL,
Civil Action No. 96-6938 GHK (JGx) (C.D. Cal.)

     The Securities and Exchange Commission ("Commission")
announced that on October 2, 1996, it filed an emergency lawsuit
to halt the defendants' sale of investment contracts for the sale
and leaseback of automated teller machines ("ATMs").  The
defendants offer the ATM investment program over the Internet to
the public and have raised over $3.49 million from at least 132
investors nationwide.  This is the first lawsuit involving ATMs
brought by the Commission.

     The Commission has requested an order temporarily enjoining
the following entities and individuals from future violations of
the antifraud and registration provisions of the federal
securities laws: Western Executive Group, Inc. ("WEG")
headquartered in Reno, Nevada; Cash Systems USA, Inc. ("Cash
Systems") headquartered in Reno, Nevada; Charles R. Rietz
("Rietz") of Mesa, Arizona; Robert R. Parrish ("Parrish") of
Gilmer, Texas; Robert J. Struth ("Struth") of Southern
California; and R. Stephen Edgel ("Edgel") of Carmichael,
California.  The Commission has also asked the Court to impose an
asset freeze against WEG and Cash Systems and appoint a temporary
receiver over WEG and Cash Systems.  A hearing is scheduled for
Monday, October 7, 1996.

     In its Complaint, filed in the United States District Court
for the Central District of California, the Commission alleges
that from at least September 1995, the defendants began offering
and selling investments involving the sale and leaseback of
privately owned ATMs (ATMs not affiliated with banks).  Through
simultaneously executed agreements with both WEG and Cash
Systems, investors purchased ATMs from WEG for $23,950 and
immediately leased them back to Cash Systems.  Investors were
guaranteed monthly lease payments for five years which payments
would allegedly return all of the investors' principal and a
yield of 17.4% per year.  However, as of July 1996, only 42 ATMs
were operational even though the defendants had sold 195 ATMs,
and only 2 of the 42 ATMs made enough money to cover their
associated monthly lease payments and expenses.  Consequently,
the defendants were using new investor funds to pay existing
investors their monthly lease payments.

     The Complaint also alleges that the defendants solicited
investors nationwide through private investment seminars, mass
mailings, cold calling and over the Internet.  Defendants
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provided investors with offering materials which misrepresented
the number of ATMs operating and the amount of money the ATMs
made.  Additionally, the offering materials failed to disclose
that Rietz and Struth had previous orders entered against them
for violating certain securities laws.  The Complaint seeks
preliminary and permanent injunctions, and other relief,
including disgorgement and civil penalties, against the
defendants.

     The Complaint alleges that the defendants violated Sections
5(a) and 5(c) of the Securities Act of 1933, as amended (the
"Securities Act"), the registration provisions, and Section 17(a)
of the Securities Act and Section 10(b) of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), and Rule
10b-5 thereunder, the antifraud provisions.  The Complaint also
charges Parrish, Struth and Edgel with violations of Section
15(a) of the Exchange Act, the broker-dealer registration
provisions.