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 Confesses
to Taking $1,000
SOME RESTITUTION MADE;
He LEAVES FOR MAINLAND
PiIfered Only Cash, Leaving
Little Trace of His Short
comingS

Pank OF Hawaii and well-known over
the islands, reached San Francisco
en- the Manoa today a confessed EN-
bezzler OF bank funds to the known
amount Of $1,000. He was found out
about ten days ago. his irregularities
being run to earth by a Pinkerton
detective brought here by the. local
banks, and a confession was secured
from him. The confession cleared up
mystery extending over several
months that has worried all the local
banks and c2used potential suspicion
to rest on a number OF employees now
conclusiyely proved to have been en-
tirely innocent. ... ......
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. FL. ....
It. has been rumored for many weeks
thst the banks we're trying to run
down a. series OF Irregularities in the
coin-bags. After Hoogs left suddenly,
rnmor connected him with the embez
element II was also reported that
he had dealt too freely in mining
stocks and other securities, playing
the margin game" 1t 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 $1,000. The amount Ia
ken from the coin-bags was $500.
The irregularities were discovered
when one bag was opened and found
short, and all the banks thereupon
weighed their bags and later counted
them, and in this way the short bags
were discovered. ",
t''In only enc 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-
fized 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 q detective was sent down from
San Francisco to work on the case,
and itTwas be who obtained the con-
fession from Hoogs, and net 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-
fession he had on hand in cash and
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 1t.
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.
Hoogs stated 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 q vault, There are no accounts
of the hank 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 was
made of a difficult nature.
Hogs 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 The embezzling
teller.
Hoogs is said to have received $500
a month salary He was regarded as
a model teller-fast, accurate and OF
machinc-like precision, He has been.
married but short time.