A SWINDLE.
By Telegraph—Pre«* Association—Copyright Australian and N.Z Cable Association. NEW YORK. January 15. Another fraudulent scheme, promising to assume the proportions of tho Ponzi >\\ indie lias been revealed in Boston. The authorities have begun investigating a banking syndicate dealing in options on German marks. The concern sold options at two cents each. The syndicate did not deal with the mark itself. The options proved not redeemable. Tt is estimated that, at least fire thousand persons have been swindled and the sum involved is more than five million dollars.
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Bibliographic details
Star (Christchurch), Issue 16327, 17 January 1921, Page 2
Word Count
89A SWINDLE. Star (Christchurch), Issue 16327, 17 January 1921, Page 2
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