Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1915-06-01
TRUSTED Teller
OF BANK, HOOGs,
IS EMBEzZLER
His Irregularities Traced By
Detective, He c0nfesSes
to Taking $10,400
SOME RESTITUTION MADE;
HE LEAVES FOR MAINLAND
PiIfered Only Cash, Leaving
Little Trace of His Short
4 comingS

Pank, OF Hawaii and well-known over
the islands, reached San Francisco
on the Manoa today a confessed en-
bezzler OF bank funds to the known
amount of $10,4C0 He was found out
about ten days ago, his irregul arities
being run to earth by Pinkerton
detective brought here by the local
banks, and confession was secured
from him. The confession cleared up
mystery extending over several
months that has worried all the local
banks and caused potential suspicion
TO rest on a number OF employees now
conclusively proved to have been en-
tirely innocent. H.. -.....
After Hoogs had made a complete
confession and turned over some
money he had on hand and his prop
erty, to make what restitution he
could. he was allowed to leave for the
coast. -....F.
II has been rumored for many weeks
that the banks were trying to run
down a series of Irregularities in the
coin-bags. After Hoogs left suddenly,
rumor connected him with the embez.
element. 1t was also reported that
he had dealt too freely in mining
stocks and other securities, playing
the margin game" II appears that
not only did he use money in this
way, but that he took money for no
use whatever Bank officials say that
the facts indicate that he must have
had a tinge of kleptomania
An official Of the Bank OF Hawaii
made the following statement today:
The amount of the shortages traced
to Hoogs is 10000 The amount Ia.
ken from the coin-bags was $500.
The irregularities were discovered
when one bag was opened and found
shcrt, and all the banks thereupon
weighed their bags and later counted
them, and in this way the short bags
were discovered
I'm only one case was there an at
tempt to make up the weight of the
bags. In one case prior to the bag
Shortage, a few bags were found where
a quarter had been substituted for
ten dollar goldpiece. one in each bag.
The Bank of Hawaii fully recog-
nized and assumed the responsibility
and repaid all the other banks for this
shortage in bags. When the bags
were found short the banks Jointly ca
bled to the Pinkerton detective agency
and detective was sent down from
San Francisco to work on the case,
and it was he who obtained the con-
fess.on from Hoogs, and not officers of
the bank
The employees who had reimbursed
the bank for shortages in their cages
were all paid back in full with inter
est
AT the time Hoogs made his con.
in bank $3.50 of the amount taken.
When closely questioned as to why he
had this amount on hand he said he
did not know why he had taken the
money nor what to do with it.
Part of the money embezzled was
used by him personally and part was
used in stock speculations. A large
amount went to the purchasing of
mining stocks through Lionel Hart,
local agent for Stoneham & Company
of New York, whose account shows
purchases to the amount OF $500. =
Hogs sisted to an officer of the
bank that about three years ago he
began taking small amounts, which
were easily covered up. The only
large amount, outside the shortage in
the coin-bags, was $500 in currency
from vault There are no accounts
of the b2nk.. that have been in any
way affected by the embezzlement, as
no checking or drawing of accounts
was falsified in any way, the shortage /.
being entirely of cash. nature thus
making practically no evidence which !
would point to the identity of the Grim
inal and the finding of the same WIS
made of difficult nature.
"Hoogs left on the Manoa with his
wife. Before leaving he decided his
home and property in such shape that
the bank can recover about $4,000
equity in the same"
The bank had no statement to make |
today as to whether any further steps !,
will be taken against .he embezzlingI
teller.
Hoogs is said to have received 5000 |
a month salary. He was regarded as
a model teIler-fast, accurate and of
machine-like precision He has been
married hut q short time.