A GREAT SWINDLE.
MILLIONS OF DOLLARS INVOLVED. SOME ARRESTS MADE. By Telegraph—-Press Assn. —Copyright. Received August 24, 11.20 p.m. New York, August 23. At Chicago .eight men were arrested and 1,602,000 dollars in securities were recovered and confessions obtained from three persons accused in the Federal Government’s investigation of the alleged huge swindling trust. 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 securi-ties.—Aus.-N.Z. Cable Assn.
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Bibliographic details
Taranaki Daily News, 25 August 1921, Page 5
Word Count
140A GREAT SWINDLE. Taranaki Daily News, 25 August 1921, Page 5
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