Daily Kennebec journal., 1901-12-02
SLICKEST YET.
Another ''Profts Certain" Brok-
erage Scheme Broken Up.
urned Oetectives--Secured Dupes'
Evidence Against Themselves.
Three Under Arrest -Maine People among
Their Customers.

>.rr yo,k. Dec. l.-Three men We're
.,.a saturday. on charge OF
suindlinc through one oi me ihos' '0
narkablc profits certain oiohe, 'e
,..h,u,os over discovered. Their pun
,o, is estimated by capt. Titus at
1890 000
On. novel feature Of the many-sldeu
.l.,r they are accused of using is the
,,,rization Of a private detective
.,~rncv through they obtained the
,,,nnrs of their swindling from many
II tfc victims. and destroyed them nh-
1,,. ,ba cuise of recovering the losses
rh, names of the persons are FRANK
nu,on ~ wears old. who described him.
self as a book-keeper: John r. Barrett
,, wears old. Il StcnuSrapher' anu 'ic't
~ l. NcCau!ey. a broker. Dillon ana
Jarrett declare they We're merely en-
uioyes of the various firms under the
vary names of which the business was
carried on and McCauley insists ne
only received his mail in one ot tlcf
Offices The police insist, however that
,hcv are three of five or six men VINO
carried on the business on an equal
footing.
About two years ago the men opened
u..i, ~ 1T II New street under the name
uf "I;Iamweil & Co. dealers IN stocks
ANA bonds" This firm sent out the
usual circular referring TO rises IN
stocks and mysterious deals. con-
corning which they had some inside in
formation They promised certain
profits. which would average about -
a week on an investment of $loo.
About six weeks later the firm sud
,IrIiv disappeared. leaving furniture
ana oflicr fixtures behind. Two months
later IN. firm of augustus Zimmerman
!. "a. appeared at Il Park row. The
idea was the same. ana the police say
they are certain that in this and the
other instanc,. the men We're the same.
They disappeared from these Offices
about two months later. again leaving
their furniture behind them.
Then the firm of Lloyd J. Smith &
Go appeared at - BroadWay. ana after
Il short life dissolved. Then men then
organized the firm Of r w. Pollard <
60. At - Wall street which lapsed
after ! life Of one month.
Then came the brilliant coup Of the
series Under the name of T.. 7. Ben
r"tt < 90. they opened a detective
ana collecting agency at Isl Broad
way With the L Sts of their dupes in
their possession. they sent cut a circu-
lar letter. III which it WAS stated they
had full information Of the doings of
the various films through which mo1ey
had bean lost. and. upon receipt Of all
proofs and a fee. would guarantee to
recover the losses in fun.
';y this device they not only made
money, but recovered the greater pa,
Of I'll" evidence against them. The fees
went the way Of the other plumber. ANA
III" documentary evidence was de-
Struyed
.\ftcr this ruSc had served its pur-
pose the men opened offices at ~ Park
ioW. as Potter. Fairchild Il CO.. bank
"rs and brokers. In no case did any of
these firms bother to correspond with
Il victim after his money was in their
"oSsf ssion. As soon rs the nlulins
circular had convinced the dupD ana
his savings of $40" OF 500 We're inolnsed
T. The firm he WAS shut off from All
further communication.
Among the Victims whose Nance, are
in the possession Of the police aIc.
Lloyd J. Smith & Co.-Mrs II NJ
Richards, lexington. Mass $l00. F.d-
mund Rodman. New Bedford Mass
Sl"o: r. Ii. FerSey. Bangor. Me. SI0o:
=. l.. Johnson. chelsea Mass 500.
William Baker Boston Mass Sloo:
Guy p Bailey. Bangor. Me. 21ou
Raymond, Clark Il Co.-H g. Stam-
mond. Hartford. $3.50; + y. EngIc. Con
'o.d. y. H.. Sloo, &. +. Bailey. Fan
Grr. Me- $40