New-York tribune., 1917-12-22
Secret Service Men Arrest
Six in West Broadway
Plant
Seize $190,0C0
In Spurious Bills
Gang Making Federal Re-
serve $40 Notes Watched
for Eight Months

Sccrc: Service mon raided counter
feitinc plan; a, 395 West Broadway yes
terday. obtaining $4,000 in finished
and unfinished spurious SO Federal Re
serve notes, and arrcsting six men as
members Of the gang that had turned
them out William j. Flynn, chief OF
;hc Secret Service. said after the raid
that his men had been watching every
member Of the gang for eight months.
and the practically simultaneous arrest
Of the six prisoners In various parts Of
the city attcsted the truth Of his asser-
tion.
Mclchiorre Gildorauria. the only man
found in the workshop. is credited by
his captors with playing a prominent
part in the plan lie studied economies
at the University Of Turin, in Italy,
and is said 20 have been almost ready
10 put his theories into practice in the
United States when Captain John j..
Henry and other government detectives
interrupted his experiment.
All night long on Wednesday and
Thursday d 24OO-pound press had been
turning out the crisp green notes with
the picture Of Andrew Jackson on their
faces
Sl,OOOOOO Output Planned
According TO the Secret Service men,
the goal Of the money makers was
100000, and plans had been made to
distribute il in $1,000 lots throughout
the United States. at the usual rate Of
80 cents on the dollar Not a single
note had left the place. Chief Flynn
said
Unknown 10 the couspiTatorS. how
ever. they had been under surveillance
almost since the inception Of the
scheme Chief Flynn knew when the
plates were ready and when the heavy
press was installed IN the loft build
ing between Spring and Prince streets.
When the paper had been delivered and
the night work had begun behind
drawn shades. he knew that the time
for the raid was approaching. and gave
the cOiners only time enough TO turn
out a respectable amount q evidence
before springng the trap.
bond. The water marks had been cut
from the big sheets before any were
run through the press. Some Japanese
paper also was found. but none Of IL
apparently had been used. Tho work
manship OF the notes was not consld-
cred remarkable. but the damage tnat
would have resulted from the wide
spread release even of the S2OO,OOO
worth. TO say nothing of the prospec-
tive million. would have been immense,
particularly at o time when war has
strained the nations c.edl. resources.
The finished bills that were stacked
OH a table in Chief Flynn's Office last
night had the crIspness OF young let
tuce state which laid them open TO
suspicious inspection at once. as Chief
Flynn pointed out. He explained that
before any attempt was made 10 put
them in circulation they would be
soaked in coffee and giycerine or other
staining and greasy agents that would
give the effect Of usage.
Giovan BattIsta lnfantino, one Of the
prisoners. is "a ieweller at IL Prince
Street His part in the scheme ls said
20 have been that Of a financial hacker.
According 10 Secret Service men, the
icweller invested $4,000 in the money
making plant Another Of the prison
crs. Antonio Sutoria. Of 800 East l75th
Street, is q real estate agent with an
Office at East 10th Street. He was
arrested in The Bronx.
The others arc Antonio Puiici, Of $50
Ocean Avenue. South Beach, Staten Isl
and; Salvatore DAllessio. Of l6 Sixth
Avenue. and Giuseppe Cattella. Of 149
Blceckcr street. All Of them were
locked up for the night i'm downtown
police stations and will be arraigned
this morning before United States
Commissioner Hitchcock The maxi
mum penalty for the offence with
which they are charged is fifteen years
in prison and fine Of $4,000.