Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1897-12-30
WHOLESALE SWINDLING.
Warrants For Thirteen Members
OF the Z s. Dean Company.
Thirty Thousand Persons Alleged to Have
Been Swindled Out Of Seven Mil
Hons of Dollars Within the
Past Six Years.

N1A 1Ohk4 dec Zine defective
bureau at police headquarters was
asked last night to arrest ten men and
three women for whom warrants viii
De sworn out to-day charging grand
larceny and conspiracy to defraud.
1hey are Samuel Keller, of No 2O9
West One Hundred and Thirty-ffth
street; Alfred 2 GosIin, Hotel St
GEORGE. Brooklyn; Harry D, Kyle,
Short Hills, y. J.; Gerard n. Eber-
man, Exchange place; Edward T. Far
rand, Smith & McNelPs hotel; Leopold
baIbach, West Fifty-second street;
Jacob Lamberg, No. 200 East Hous-
ton street; Newton J. Mcmillan,
Lords Court building; Myron L
Bernard, No. s22 East Fifty-seventh
street; William Lang, Exchange place;
Mary E Veith, No. SO East Seventh
street; Ida II. Crofoot and Marion l..
Cramer.
The complainant is N. ]. Morris, of
81 Louis, heavy loser in Wall street
speculative snares- Magistrate Kud-
hch viii be asked to issue the war
rants Two others will be arrested in
London for the United States govern
ment and brought back to New York
Tor trial They are ]. B. kellogg, alias
Jacob Keller, and Charles Weinman.
These persons are members and tools
OF the gang of swindlers posing as the
b ). Dean Co.," whose operations,
both in extent aud ingenuity. are with
out parallel since the days of the infa-
nous Credit Mobilier.
Under the shadow of Trinity church
and the New York stock exchange, in
plain view of the metropolitan police
and the United States secret service
agents, these people. it is alleged, have
robbed $4,000 persons Throughout the
country of over 81, 900, 900. Their OPP
erations extend over a period of six
years, and involve prominent members
of both the New York stock exchange
and the Chicago board of trade.
1t is alleged that out of every thou
sand dollars that came in the gang
spent $3.50 in fees to agents, Sl00 in
fake" dividends to bait their victims
and $50 for advertising. The remain
ing $500 the swindlers unblushingly d.
Vided.
Prominent firms, through ignorance
or collision, lent their names to the
scheme by giving statements of trades
that never took place.
In addition to the criminal proceed
ings against the persons named, civil
suits viii be commenced against for
mer Comptroller Theodore W. Myers
and his late partners and the firm
of Theodore w. Myers & Co.,
}. +. Barrett s. Co., of the Chicago
board of trade; A ]. We'll. E. B. Cuth-
bert, Douglas * Jones, and other
brokers who have had dealings with
the E. s. Dean company.
Legal proceedings will also be COM
menced to set aside transfers of 81, OOO,-
600 of property in St Louis by A. J.
We'll to his wife shortly after the Dean
failure. 1t will be alleged that the
transfer was made with a view to de-
fraud persons who might worry the
millionaire bear leader, with a view to
recovering their money from him
The connection of the firm of A. J.
We'll & Bro. with the transactions of
Dean & Co as agent for the concern is
said to. be established Harry D..
Kyle, travelling agent for the Dean
company, is now in the employ of A.
J. We'll in this city. Kyle has stated
that he is a partner of We'll in his spec
ulative ventures. Originals of state
ments of fictitious accounts with this
firm are in the possession of the police.
These statements are mainly in teresting
as showing the methods of the combina-
ton The managers sought to borrow
the names of legitimate stock brokers
and members of the stock exchange, in
order to give tone to their enterprise.
How well they succeeded is shown by
the evidence now at hand.
The law firm of Weeks & Battle, of
this city, represent Morris in the pres
emit action. and no doubt will be re-
tanned by other victims of the Dean
RUiudia