New-York tribune., 1920-03-05
Bond Robbers
Still Making
Big Hauls Here
More Copcerned
Over New Raids Than in
Capturing Arnstein; Sys-
tenn Called Nationwide

tenn Called Nationwide
Assistant District Attorney John T.
Doollng said last night that he had
heard nothing new concerning Jules w.
Arnstein. and that so far as the Dis
trict Attorneys Office was concerned
the present whereabouts Of the alleged
master mind" was matter that was
causing little or no worry.
1--WE are busy working on the BOND
theft conspiracy and we are leaving the
business Of finding Arnstein to Deputy
Police Commissioner Lahey," said Mr..
Dooling. II haven't heard word from
the fugitive, his lawyers or the detec-
tlves VINO have been working on the
case. Meanwhile there arc a number
OF other angles to the $5,000,O00 bond
ance. right now than this mans arrest.
IN this case he is only one link in q
cnaln or crime that stretches from New
ork to San Francisco and from Jack
sonville to Montreal"
Mr. Dooling announced that there
have been more than 500 bond
rooberles called to the attention
OF the District Attorneys Office
IN the last four months. The
amounts stolen range from $500 to
the $l73,O00 worth of securities taken
by me messenger Binkowitz, who was
murdered near Bridgeport Mr.. Dool-
ing refused to speculate upon the
grand total Of the thefts, but it is
| known that the figures will be in ex-
cess of $3,000,0O0 He exhibited to re-
porters four closely typewriter sheets,
each one three feet in length, contain
ing an itemized list of the securities
stolen since October.
The bond robberies are still going
on, Mr.. Dooling said, and several have
occurred in the financial district in
the last week. While he would give
no names or other details, Mr.. Dooling
declared that these recent robberies
involved large sums and were mostly
"office jobs"
System Behind Robberies
"The system which the men behind
the bond robberies organized" said Mr.
Dooling, had connections in practi-
cally every large city in the United
States. That is why this office is in
touch with thefts committed at MANY
distant points. Bonds stolen in Cleve-
land, Chicago or even San Francisco
are forwarded to this city to be sold
or put up as collateral. Securities
stolen here are frequently sent to the
West or the South. In that way This
network OF crime has spread itself al.
over the United States and even into
Canada and Mexico"
Two bond losses were reported in the
| financial district yesterday. One oc-
Cured when a bogus messenger who
represented himself as coming from
GUIDE. Winmil & Co., 20 Broad Street,
called at we'll known brokerage house
and received from the cashier securi-
ing to the American SurAty Company,
which is Investigating the case, the
messenger gave the name o. Berger
when signing a receipt for the stock.
The fraud was discovered when the
messenger from GUIDE, Winmill & Co.
called for the certificates later.
The same system was worked a few
! hours later on the firm of John Muir
G. Co., so Wall Street A messenger
Brothers g. Hutzler received $4,000
worth of Great Britain and Ireland
bonds from the Muir firm, where they
! had been sent in error. The bogus
messenger gave no receipt in return
for the securities, and the fraud was
discovered when the real messenger
called a few minutes later.
Bernard j. McGinn, manager of the
claim department of the American Sur
ETY. Company, in speaking of the latest
thefts, said: Gwen though the last
most any kind of fraud, these last rob-
berries show that hidden strings are
being pulled through underground
channels which seem to undermine most
of the financial district
Leaks Still Take Place
"The fact that fake messengers pos
sess the information they do indicates
that leaks are taking place within the
Stock Exchange houses and that there
must be an organized intelligence
service in operation"
No trace has been found of Charles
J. Dorgan, eighteen year-old bank mes
senger of 1475 Bushwick Avenue,
Brooklyn, who disappeared on Wednes-
day afternoon with $4,000 in checks
and $4,000 in cash belonging to the
First National Bank, 2 WaYl Street. The
boys family and friends believe he is
the victim Of foul play. He had pre-
viously carried much larger sums in
checks and securities and was re-
garded as absolutely trustworthy by
his employers. He had been employed
by the bank for two weeks.
Detectives who have been working
on the Dorean case believe that ths
youth may have been kidnapped by
members of the gang of criminals
who are known to be operating in the
financial district.
The suit of E. w. Wagner & Co. tc
recover stolen Liberty bonds worth
$25.379, which was originally brought
in the State Supreme Court, was yes.
terday transferred to the Federal Dis
trict Court.
The defendants named in the action
are Richard Whitney & Co, the Fed
eral Reserve Bank and James Murray
Police Depart nent property clerk. The
complainant states that Wagner & Co
purchased the bonds in good faith
through their Cleveland branch from
Samuel Ginsberg.
Ginsberg has been mentioned as g
friend of Arnstein. The authorities
here believe that Arnstein was visiting
Ginsberg when he was reported to be
in Cleveland on February 21.
An order in the Federal Court yes
terday modified the injunction granted
in the Arnstein bankruptcy proceed.
ings. This order gives Fannie Brice
actress wife of Arnstein. and Lottie
Cantor, her partner in the dressmakina
business, access to the bank accounts
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