Article image
Article image
This article displays in one automatically-generated column. View the full page to see article in its original form.

£400,000 Swindle.

WOMAN WHO MANAGED A "GET KICH-QUICK " SCHEME. From the latest revelations (says the "Daily Mail") of the "get-nch-quiok" swindle carried on by the "Storey Cotton Company," of Philadelphia, it would appear that tba promoters cleared over JMOO.uOO. Although they wore supposed to speculate m cotton and earn enormous profita for investors, it is now proved that very few speculations were entered into. The gang simply pocketed the money entrusted to them. The police have also discovered that oophie Beck, the company's shorthand olerk, took the foremost part m organising and directing the swindle. The woman, who ia extremely attractive, a3 well as shrewd and unscrupulous, had a remarkable career. Bhe started m Chicago a few years ago as a stenographer, and eventually went intu partnership with Frauoh Marrin. another of the gang, who had figured m numerous frauds. The two launched various scheme to fleece the public, and cleared large sums. Marrin and several others at'torwards started the Storey Cotton Company, and Beck was installed as secretary at a salary of .£IOO per month, with a large interest. She wrote enticing letters Co investors, managed the correspondence and advertising, appointed agents, aad took charge of the money. Foreseeing danger recently, the woman gathered all the available funds, and, ie is believed, deposited them somewhere abroad. When the crash came, the luembers of the gang disappeared, with the exception of Stanley Francis, one of (he managers, who was captured m Philadelphia. Jle was found to be living luxuriously, aad indignantly protested whon the police refused to allow him to drive to prison m an automobile with his valet.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

Bibliographic details

£400,000 Swindle., Ashburton Guardian, Volume XXII, Issue 6578, 24 May 1905

Word Count

£400,000 Swindle. Ashburton Guardian, Volume XXII, Issue 6578, 24 May 1905

  1. New formats

    Papers Past now contains more than just newspapers. Use these links to navigate to other kinds of materials.

  2. Hierarchy

    These links will always show you how deep you are in the collection. Click them to get a broader view of the items you're currently viewing.

  3. Search

    Enter names, places, or other keywords that you're curious about here. We'll look for them in the fulltext of millions of articles.

  4. Search

    Browsed to an interesting page? Click here to search within the item you're currently viewing, or start a new search.

  5. Search facets

    Use these buttons to limit your searches to particular dates, titles, and more.

  6. View selection

    Switch between images of the original document and text transcriptions and outlines you can cut and paste.

  7. Tools

    Print, save, zoom in and more.

  8. Explore

    If you'd rather just browse through documents, click here to find titles and issues from particular dates and geographic regions.

  9. Need more help?

    The "Help" link will show you different tips for each page on the site, so click here often as you explore the site.