New-York tribune., 1922-02-16
David Gardiner, Member
Of Well.known Family,
Is Dupcd by Spurious
Firm With Fake Offices
Trading Securities
Are Added TO Loot
Nine Indicted in Bucket
shop Crusade as U. S.
BeginsMail FraudProbc

David Gardiner. millionaire mem Der
ofthe old New York family which owns
Cardiners Island was feeced out oe
10000 IN cash and a block of securi-
ties early this month, it became known
yesterday. The men who perpetratca
,,e swindle formed the most ingenious
esnv which has come to the attention
a; the District Attorneys office since
.,e operations Of "Nicky' Arnstcin.
The story was revealed with the sur
,srder OF Samuel r. Greenfield. of 1898
yyse Avenue. the Bronx. one OF seven
men secretly indicted for grand larceny
IN the first degree on February 9.
Bench warrants are out FOR the other
members OF the group. which is al
eyed to have operated under the iic-
..ious name Of Franklin, Taylor (
20. in sumptuously equipped prop
,r,v" Offices at 81 Exchange Place.
Buckctshop Inquiry Pushed
Greenfield VINO was floor manager
I'D salesman for the concern, was re-
essed on 1880 bail The authorities
4lthheld the names of those who were
rdctcd with him.
The general bucketshop inves stigation
rent ahead swiftly yesterday with
:e,e additional developments:
. General Sessions grand jury re-
armed five indictments. charging nine
parsons with grand larceny and bucket
u. Two q tho defendants, Frank
Nim.or AVID Howard f. Stanley, of the
rHi Of Ninitcr, Norder e. Co., we're ar
ed. Miniter was taken into custody
s Office 20 Broad Street. and Stan
VAS found III the T ombs, where he
waiting trial an a previous charge
grand larceny.
,hc United States District Attorney
,scc prepared to proceed with num-
or Of cases involving fraudulent use
u the mails i'll connection with illegal
siock deals District Attorney Hay
rasd Hss notified by Attorney Genero'
1spghery that three additional Judges
7ad been assigned to this district to
~ the eases congesting the Federal
PROSECUTOR office.
Distf'ct Attorney Banton received a
stter from Edward NJ. Weld, president
The Now York Cotton Exchange, as
Sing the operation of the ex-
'aange IN the campa ign against bucket
aors.
Complaints Pour In
The District Attorneys Office con-
nuod TO be flooded with complaints Of
'lctlms of stock sharpers, several of
shch viii be presented to the grand
Jury in General Sessions to-day.
1t took a Jury in General Sessions.
before Judge Rosalsky. only four min
ates to convict Samuel Greenberg. of
'o2 Llnwood Street, Brooklyn, on
charges Of grand larceny and bucket
lng
The swindiing Of Mr. Gardiner, who is
sixty years old. was accomplished, it is
alleged, by the use of dead" tele-
pnones, false checks and variety of
plausible arguments. In the course Of
a week "Franklin, Taylor & Co." in
roced the millionaire to purchase
lfoo shares Of United Whistle Bottlinr
Iomrany stock at $50 share by pre-
ending to dispose of it for him at SOL
share The check he received in pay
ment was drawn on the Pacific Bank,
Snere, 1t was disclosed, the operators
0ad an account of about $500.
IN taking his case to tho District At
~'heys Office Mr.. Gardiner indicated
.e was actuated by desire to assist in
di ,'e general effort to rid the trading
u's.r'ct Of manipulators, whose victims
-. '',e last few months are said to have
numbered thousands.
Plan for Alleged Swindlc
,,n according to Mr.. GARDENERS COM
p,slnt p plans evidently had been made
" cialm him as the sole victim.
se;'. nsVe IN January, Mr.. Gardiner told
wss'S.aht wss M District Attorney Ungcr, he
Sas bts, called to the telephone at his
HVme' me, East Eighty second Street.
s. in'S IS Franklin, Taylor & Co.."
'.s '.iu sui an lnsratiating voice 1--WE under
l;sla p you have some Grant Casing
'u VII stock for sale and we can
CONTINUED on page threo)