The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1892-03-11
LOST 100000 IN TWO YEAps.

e.. q y
(. Losey began playing policy with his
firms money in May, 1890. Since that
time he has steadilyincreasedhis opera.
tons, getting money from tho cash
drawer and making false entries in the
books. AS he became more deeply in
volved he played larger amounts in the
hope OF winning back sufficient sums to
repay the firm. So, carefully did he con-
ccal his thcfts and so simplicity was the
old clerk trusted that nothing wrong
was suspected. Il,
His employers during tho past six
months have noticed that although
business appeared to be excellent
money came in rather slowly. They
only noticed that some OF their custom
crs showed q remissness about settling
accounts at variance with their former
methods OF doing business.
THE MURDER our.
When they spoke to Loscy on the
matter he satisfied them by saying col
lections were dull and by showing them
sheets of figures that satisfied them
that everything was all right
Last Saturday, however, one OF tho
firm accidentally discovered discrep.
ancy III Losey's books OF about $4,000
and called upon him to account. Loscy
then admitted that he had taken the
money, but promised to reimburse the
firm. Ho was let 20 for tho time. Tho
members OF the firm'were staggered BY
their discovery, and calling in their
counsel, Mr.. Truax, continued their in
yestigation on Sunday. Stronger esi-
dence OF Loscys wrong doing was found,
and finally Mr.. Truax, after consulting
with District Attorney Nicoll, laid the
case before Inspector Byrnes. Detcc.
tive Reap went to the Office OF the firm.
on Monday afternoon ana placed Losey
under arrest.
MS SYSTEM SURPRISED THE INSPECTOR.
Losey seemed calm and not at all dis
turbed by his arrest. He made state
ment and electrified Inspector Byrnes
by saying that he had stolen Just $751;
7o2 81 from his firm since May, 1890, all
OF which he had gambled away at policy.
Then with the system OF thorough
going bookkeeper he pulled three small
blue covered books from his pocket and
showed the inspector what purported
to be numbers OF tho six policy shops
he had patronized, together with the
exact amounts OF tho firms money, with
some OF his own, that he had spent in
each. The totals OF the sums were as
follows:
No. .G.I William go 80
Nv w tnrk to"''.'........ ,l5S ID
40. aGl pcarl ............. 3,lS1 30
NO. LOB Park 3lS5 10
No. 2a Ann strect............ .. - 49, - lilo 70
No. 2Cs Myrtle avenue, Brooklyn ......... 7,ll0 10
lie said:-'The amounts taken from
tho firm were distracted at different
times and in some cases ialsiled the
books in order to carry on the gamb-
ling without detection. l won money
from time to time, in all just So, sos 95,
but it was all played over in policy and
lost again, the policy dealers taking my
principal and my winnings rs we'll"
RUINED BY A DREAM.
Then Losey astonished the inspector
by saying that he was lured to his ruin
in policy playing by dream and
tho kindly Offices of friend. He
said that one night in tho month OF
May, when he began playing he had a
dream which dealt quite largely in
figures. 1t made such an impression on
his mind that he related it to 4 friend
with whom he was riding to business in
n Brooklyn Bridge car on the following
morning. Losey had not seen this friend
for some timo. The friend upon hear
ing the story remarked:
You ought to play it,. 4
E "What do you mcan?' quaried thH
mystitied Losey, according to the story.
Why l know;the numbers in that
dream that apply to policy and We will
play them and make a hit"
Losey says he knew absolutely moth
ing about policy atthat time, but he
went with his friend to No. 2O2a Will-
lam street, where tho play; was made.
ltlost. The dream did not make it hit.
Heplayed again tho next day and won,
and then he became SO infatuated with
the game that he grew to be a daily
player and what was known rs "hard
hitter" His losses were heavy in tho
various shops that ho patronized, but
he was also a large winner, frequently
raking in 5000 in day, and moro than
once he won as high as s, 500 in days
business.
THE SYSTEM OF TIE PLAYERS.
Ho said there were apparently we'll