in Kings Point, New York, was the largest ransom being paid in the United States up to that point. The subsequent criminal cases led to financial compensation and freedom for the primary suspect.
Teich was thirty-four years old when he was abducted in his driveway. After being held, bound in chains, tape, and handcuffs, in a closet in an undetermined location in the Bronx for seven days, he was released in exchange for a $750,000 ransom (nearly $5,000,000 in 2022). In 2013, this crime was listed as one of the most notorious crimes on Long Island.
The Teich case was cited in a 1975 New York Times article indicating kidnappings had increased over the previous ten years. Teich's older brother, Buddy, was the original target of the kidnapping.