The New York herald., 1921-05-16
CROOKS OF CLASS
GOT This $4,000
Florida Gang Lured Joseph
Appelt of Farmingdale, IL,
Into Stock SWindle.
ALL SET LIKE A PLAY
Brokerage House Wouldn't
Accept Checks, However,
So the Rest Was Easy.
GANG UNDER INDICTMENT
Victim, Who Is Hotel Man,
Says He Will Go Limit to
Land Men in Prison.

Joseph Appelt, proprietor of the Cen
tral Hotel, Farmingdale, l.. l., who
was swindled of $4,000 by gang OF
hunco artists that have worked the
rich field Of Florida winter resorts for
millions, said yesterday that he Is will
ing to spend $4,000 to land in Jail the
men who swindled him.
"I have just returned from Florida
said Appelt. who gets red with anger
every time he thinks of his experience.
There have been nine indictments
found against the men who robbed me.
My lawyers in Jacksonville are hard at
work I'll not let up on them. They
thought they had an easy mark. Wait.
When they are behind the bars they
won't think so lightly of the sucker
from New York"
Appelt's experience with the gang
whose rascalities and luxurious vices
have just been brought to light by the
murders of the Waco Kid" in ST Au-
gustine and Ed Mills In Atlanta, as told
In THE NEW YORK HERALD yesterday.
took place last season at Daytona. lie
motored to Florida with his wife. soon
after arriving he was introduced 70
"Charles Pogart. a Texas rancher,' olg'
breezy fellow, in unpublished noots' VINO
talked convincingly about horses ana
cattle. He took a fancy to Applet ana
went walking with him. 1t was on one
of these strolls that they found pock-
etbool< which contained a 500 bill. ten
10 bills and some papers, along with the
cards of II. G. Chambers and news
paper clippings about the spectacular
rise of Stutz motor car stock.
While they were inspecting the con-
tents of the poc<etbook along came =
worried. Hurried individual who gasped
in relief at the sight of the pocketoook.
He described its contents accurately
and when they had turned 1t over to nm
he wanted to give them Sl0O apiece
They refused reward
A BankroII by Magic.
"An right" said the thankful n. z.
Chambers. "But I've simply got to DO
something for you. Meet me MONDAY
morning at o'clock and I'll let you III
On something that will make lot of
money for YOU without your investing
dollar" 49,
This sounded good. Applet and the
.stock raiser from Texas went 10
Turnbull Castle, on the Dixie highway,
a structure that had been rented ana
layishly equipped by con men Tor the
undoing of the unwary. Inside they
found a big quotation board, with the
rapidly changing prices OF the New
York stock market, and they noticed
TOO. the tall stacks OF currency upon the
cashiers desk. =.
aMr. Chambers" handed $500 each 10
Appelt and "Pogart," and told them 70
do exactly what he did, lie promptly
houuht vanadium Steel and Applet ana
"Pogart'' were joyful, as, after following
his example, they saw Vanadium stead
iIv rising. At "Mr Chamberss' signal
thew sold. and each received from the
cashier s1,500 Then. still following
their good angel. they tackled Cruclole
steel and in no time at all they cleaned
nm s3. 900 each. Appelt's total proilt
was now $4,000. and he felt mighty
good about it and mighty grateful to
Mr. Chambers" ,., .r
NOW gentlemen" said this person
have one more good tip. but it's going 10
,ake considerable money to swing II.
Here,-and he rushed Appelt at this, the
psychological rush" moment or the
hunco game-"sign this check payable 10
bearer for $4,000" Applet signed. as
ala "Pogart." and they bought General
Motors. Up went General Motors al
once, soaring.