SWINDLING TRUST
HUGE ROBBERY SCHEME
MILLIONS IN BAD PAPER.
(UNITED PRESS ASSOCIATION.—COPYRIBHT.)
(AUSTRALIAN - JfSW ZEALAND CABLE ASSOCIATION.) NEW YORK, 23rd August. The Federal Authorities have been investigating an alleged huge ".swindling trust," and' as the result eight men have been arrested in Chicago. 1,602,000 dollars in securities have been recovered, and confessions obtained from three of the persons accused. , Federal agents are convinced that the financial markets of the nation have been deluged with millions of bad notes/ stolen bonds, bogus deeds of. trust, and forged certificates of deposit. Financiers, business men, banks, and investment houses from the Atlantic to the Pacific are said to have been duped in one of the greatest swindles recorded by the Department of Justice, whose agents have already traced six million dollars' worth of stolen bonds, and nearly, three million dolars in worthless notes and other securities.
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Bibliographic details
Evening Post, Volume CII, Issue 48, 25 August 1921, Page 7
Word Count
143SWINDLING TRUST Evening Post, Volume CII, Issue 48, 25 August 1921, Page 7
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