The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-04-22
Charges Of Embezzlement Against
Boy Stock Dealer Who is Be-
lieved to Have Duped
Many
PRETENDED TO BE RELIGIOUS
His Arrest at Rio de Janerio Brought
to Close Meteorie Career in 1iqh
Finanee-May Reach New !
York Today. a.

Boston, Mass, April 22-Many Bos-
tonians who had become victims OF
the high finance methods of Robert
Emerson Davie, known as "The Boy
Broker" during his meteoric career
in this city, are awaiting with consid-
cradle interest the return of the young
man, who was arrested in Rio de Ja-
neiro, Brazil, and is due to arrive in
New York in charge of two police in
spectors, on the steamer Byron today
or tomorrow.
Davie is only twenty-five years OF
age now and was scarcely more than
a boy when he began his career i'm
Boston a few years ago. He had been
clerk in a brokers' office, but this did
not satisfy his ambition. He went in
to business on his own account and
opened an elegantly furnished office on
State Street. He represented himself
as being closely connected with ]. r.
Morgan & Co. and being of prepossess-
ing appearance, good address and
pleasant manners, Davie had no dim
Guilty in winning the good will and
confidence Of many wealthy business
men and capitalists. He was always
will dressed occupied elegant apart
ments i'm Brooklyn. had an automobile
and. began TO build a stately mansion
for himself at Weston. one of the aris-
tocratic suburbs OF Boston. He pre-
tended to be extremely religious and
on various occasions showed surpris-
ing familiarity with the Bible. His
interest in church work won him the
confidence of many religious persons
OF wealth and induced even some min
listers to entrust their savings to him
for Investment
Gave Money To Charity.
In a short time business became ex-
tremely brisk and Davie realized large
profits from the investments entrust-
ed to him. He became quite a social
factor. contributed literally to chari-
table and religious purposes. gave ex-
travagant dinners at his apartment and
spent money lavishly until some time
in the early autumn of last year. when
he suddenly disappeared from Boston.
leaving his affairs in a decidedly un-
gan to pour in from all sides.
The first complaint that was made
to the police came from Mrs. Hannah
L. Greenwood, wife OF the Rev. Law
renee b. Greenwood, the evangelist.
who charged that Davie had stolen
$10,550 worth of stock certificates
which she had entrusted to his care
Tol a..
an investigation into the methods OF
the fugitive broker and soon a large
amount of discriminating evidence had
been gathered against Davie. Many
wealthy persons, who had been duped
by Davie. refused to make charges
against him, because they were asham-
ed TO admit how easily they had been
taken in by the dashing young finan-
cier. However. several of the victims
began suits and the property left be-
hind by Davie was seized and sold at
auction.
Arrested at Rio de Janeiro.
The police authorities sent pictures
and descriptions Of the fugitive Davie
TO the authorities throughout the world
and the circular sent TO the chief OF
police of Rio de Janeiro. Brazil led
to the Identification and the arrest of
Davie in that city on February 2s OF
this year. Mr.. Slechta. the American
consul i'm Rio de Janeiro communicat.
ell by wire with the Boston police and
the latter applied TO Secretary OF
state Knox for a provisional order OF
detention. The order could not be
granted. however. as the charge against
Davie was larceny, which is not an
extraditable offense. The charge was
changed to one OF embezzlement and
the necessary papers were issued by
the state Department.
Armed with the extradition papers
and the necessary credentials police
inspectors Pelton and Burr started
from Boston for Rio de Janeiro on the
morning of March 4, and after all the
formalities OF extradition had been
completed Davie was turned over to
them by the authorities OF Rio de ia
neiro and the two inspectors with their
prisoner sailed on the Byron for New
York April 5. a.