MONEY JUGGLERS
SELLING IMAGINARY MARKS
A BOSTON FRAUD CASE,
WiTUD pkess association.—capißiaar.)
(AUSTRALIAN • HEW ZEALAND CABLB ASSOCIATION.) ■ WASHINGTON, 15th January.. Another fraudulent scheme promising ■to assume the proportions of the 3?onzi swindle have been revealed in Boston. The authorities have begun an investigation into a banking syndicate dealing in options on Gex'man marks. The concern sold options at two cents each. The syndicate did not deal with the mark itself.- The options proved not to be redeemable, and were fraudulent. It is estimated that at least 5000 persons have been swindled, and the sum involved is more than five million dollars.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19210117.2.37
Bibliographic details
Evening Post, Volume CI, Issue 14, 17 January 1921, Page 7
Word Count
101MONEY JUGGLERS Evening Post, Volume CI, Issue 14, 17 January 1921, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.