The Bon Homme County independent. [volume] (Tabor, S.D.) 1904-1913, 1912-11-21
GIANT COMMISSION
FRAUD is EXPLODED
Postomce Inspectors Making
Arrests Today III All Parts
Of the Nation.

Cincinnati, Ohio, Nov. l9.-Postoffice
inspectors In Chicago, Rochester, New
York and many other cities will today
try to arrest a number OF men wanted
for completely Ia a scheme which, 1t Is
alleged has resulted in the loss OF
many thousands OF dollars by clients"
Five or those to be arrested were if-
dicted by the United States grand jury
here last month. The victims, it Is al
legged, were individuals and corpora
lions trying to place stocks or bonds
The following members OF the alleged
ring were indicted by the federal grand
jury today: II. ID. Minyard; now In
Cleveland: j. Gordon Malcolm, who
went to Canada before the indictments
were returned; Thomas Fishwick, now
In Boston. George s.. Hannaford. TO-
In Chicago; J. r.. Long, now In Buff
falo. The indictments charge thG use
OF the malls to defratid.
United State Attorney Sherman Me-
Pherson withheld the indictments
from publication IN order that federal
OFFICERS could be given an opportunity
TO locate the men named. Mr.. Me-
Pherson said 1t was planned TO arrest
before the federal grand jury which
convenes there Tuesday.
Infant Companies Bied.
The men are alleged to have mulcted
promoters and infant stock corpora
tfons out OF thousands of dollars ser
cured through commissions for arrang-
ing the guarantee of the securities OF
those victims by stock and bond In
surance. companies controlled by the al
legged swindlers.
After paying the commissions de-,
manded the alleged victims are said
to have found that interest IN their
proposition came to In end.
According to Mcpherson the men un-
der indictment have secured from vic
Tins over the country about 100000.
The men formerly had an office in
Cincinnati and much OF the evidence
against them is said to have been fur
nished by a s~tenographer, who
had been employed In the office.
Minyard Under Arrest. s
Cleveland, Ohio, Nov. 19.-In a raid
on the offices of Horace d. Hastings &
Co, In the Rockefeller building here to-
day federal officials arrested f.. ID. Min
yard. the manager, IN q charge Of us
ing the mails to defraud In connection
with the operations of Ed. Minyard
& Co., brokers, of Cincinnati. The Of
ficials said the raid was to be stimuli
taneous with those in other cities
$f,5oo,oo0 IS INVOLVED. B
washington Nov. 19.-Posto6lce IN
spection officials who aided in working
up the asses against the men charged
with misusing the mails to defraud
small corporations and stock sellers,
claimethat the amount secured BY these
operators will approximate 81 SOC, 000.
Federal officials claimed TO have no i'm
formation as to- the actual progress OF
the raids today.
Raid in Rochester. HAhS5Ed
Rochester, N. Y.. Nov. 1s.-FederaI
officers today rafded the Offices OF the
American Redemption company here
and took into custody all persons found
there and also confscated all papers In
the ONCE.
Newark Man Arrested.
Newark. N. j.. Nov. ia Bruce
Crane, OF the Hunter & Crane broker
age firm, was arrested here this morn-
ing in c~onnection with the federal gov
ernrIsent's attack on the American Re-
demption company. Hunter and Crane
1t Is alleged, were the local agents.
Crane was taken before United States |
Commissioners Stockton and held In $5,- |
600 bonds. In the complaint against
Crane the Pittsburgh Superior Mines
company, Of Arizona, figures as the
dupe.
Boston, Nov. 1S.-Thomas Fishwick
arrested here today by federal Of
ficers on the Cincinnati Indictment,
charging him with the fraudulent use
Of the mails,
Fishwick was Indicted in Cincinnati
after the government officials
that city and In Chicago.
"a. g#Ea 80 4G .tE|E#sWMI