PROFIT 100 PER CENT.

New Zealand Times, Volume LVIII, Issue 2851, 20 June 1896, Page 1

PROFIT 100 PER CENT.

POCKETED ALL THE HONEY SENT, AND HAD MANY DUPES, Detective Sergeants Robert McNaught and John Cuff, of the District Attorney’s office, Now York city, arrested an alleged bogus stock broker, variously known as Henry H. Hart, alias Charles H. Darrin, alias Charles W.Burrell, 31 years of ago. While posing as a broker Kart made a B considerable splurge on the money of his alleged dupes. Ho and Henry O. Goldschmidt opened a stockbroker’s olfico at No. s*, Wall street. They represented themselves as members in good standing of the Now York Stock Exchange and advertised throughout the country that they would guarantee 20 per cent, profit on money intrusted to them for investment. Sums of from .£2O to .£2OO began to pour in. Hart and Goldschmidt lived well on the proceeds. Their profits were 300 per cent. Hart at that time resided at No. 351, Fifth avenue. A I’HILADKLriUA IHTI’K. Among the persons who sent them ' money to invest was T. W. Von Leer, of Philadelphia, who sent .£l2O on October 29th, 1895. The next day Hart and Goldschmidt notified him that his investment had boon wiped out on margins, and -asked him to send on more money. Ho refused to do so, and instituted an investigation. Ho consulted the official • list of the Stock Exchange, and found r that Philadelphia and Reading stock sold down to 11. Hart had notified Yon Leer - that it sold at 13}, and that they hold it for him. , Yon Leer concluded the men wore swindlers* and secured warrants for thoir . arrest. Goldschmidt was arrested and held in £,300 bail. Hart kept under ’ cover. The police hoard bo was in Brunswick, Mo. When two detectives wont there they found he had just gone to Boston, b They followed him there, and when they ' located his hiding place he had again dis« - appeared. CETLKBUATING HIS WEDDING. McNaught and Cuff wore walking along East Twenty-first street when they saw I the man they had so long sought. McNaught touched him on the shoulder. Hart turned, recognised the detective,. > and exclaimed ; • “ How did you know I was here ?” Hart said ho was stopping with his wife at No. 20*t Bast Twenty-first street. Ho was just going out for some wine to cole* i brate his first wedding anniversary. His wife was waiting for him, and ho bogged' to go back and inform her of his predicament. This was allowed. It is alleged that Hart served five years in the Elmira Reformatory for the theft of • a pair of diamond earrings, lie is a fine musician, and while there organised the Elmira Brass Band. Ho was committedunder the name of Darrin. His wife was with him when ho was taken to the District Attorney’s office. She is a handsome woman, stylishly dressed, and formerly lived in Boston.Hart was committed to the Tombs. •