New-York tribune., 1922-02-25
Women Lost
100000 i'm
Stock Frauds
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Continued from page cne)
small fortune which would enable me
to spend my remaining days in com
Parative comfort she said. "Then I
met Lindsey
"To me he was a big brother We
talked OF many things, and had met
several times before he spoke Of
money. Then Lindsey represented him
self to me RS a man who abhorred the
methods employed by the stock mar
kct crowd He said; 4 believe in help
inc women. ! believe in throwing out
life line to women. That's more than
those devils would do down in Wall
Street."
Here the victim OF Lindsey began to
cry. She continued
Out listened to this man. He smoke
intimately about we'll known figures in
the financial world. He told me one
night about the Domino Club
See that key?' he said. holding
brass key in his hand Charley Schwab.
Percy Rockefeller, George f. Baker
J. P Morgan, Jim Stillman and Tom
Lamont have one Of them. We put on
masks and go into a private room at
the Ritz-Carlton Hotel Every night
we discuss the stock market
Lindsey told me that this group OF
men controlled the New York stock
market and decided every night what
stocks they wanted to go UP and what
stocks they wanted to fall He said
that they had no scruples about get
ting the public's money because the
average man was only fool But he
said that he differed from these men
IN that he always wished to help
women.
Stock Went Up as Predicted
"After q few days Lindsey told me
the name of stock that was scheduled
TO go NO few points. and | looked in
tho newspaper and noticed that the
stool, vert mn as Iindsev had said it
would. Another night lindsey called
m" saGd G. be " - the Domino
Club, and that the big hnancers we're
m KING another big pool and if
wanted to get in at the start | should
get all the cash could.
81 gave Lindsey every cent I could
raise, every penny that ! had saved
: from my many years of hard work |
visited his home in South Nyack, and
t when he told me | would soon be
wealthy was happy. But the end
came soon. One day Lindsey announced
that ne had lost all could hardly be-
licve him, but when I begged him to
food and he only gave me a few dol
8 lars became suspicious. | went to the
: District Attorney after Lindsey disap-
peared. doubt if I viii ever get back
v my savings"
I Mr. Murphy said that the case Of
. Miss Nillson, the retired actress, is n
typical one. Miss Nllson told Murphy
that she was introduced to Lindsey at
! the Murray Hill Hotel by DR. +. K
e Endlnd, secretary Of the Pacific Min
ing and Chemical Company.
= Tears Come to Rescue
When suitable opportunity ar
. rived Lindsey told Miss Nillson the
story Of the "Domno Club Miss
:. Nillson said last night that when the
crash came she was forced to ask
Lindsey for funds because she wishe~
to pay her hotel bill She said that
y Lindsey returned some of her money,
Il but at when she later was forced to
> go with out food because Of lack Of
: funds she demanded that Lindsey re-
- turn her money Lindsey, according
to Miss Nlllson, broke down and cried.
a He admitted to her that he was a
: fully and Miss Nillson says that she
was again convinced that the man was
: STRAIGHT and that he had lost her
t money through unlucky investments
y Lindsey said he was going to work as
salesman fer the Pacific Mining and
Chemical Company and that he would
return her money provided she re-
mained silent.
: Miss Nilson said that Lindsey
,, begged her not to tell the police OF
District Attorney what had occurred
1t was after Lindsey refused to give
her money when he had been working
several months FOR the Pacific Mining
& Chemical Company that Miss Nillson
became suspicious. Then Lindsay
vs.nished and Miss Nllson went TO the
: District Attorney to find that She was
. only one Of many who had entered
complaints against him
Checks Were Refused
Mrs. ". II. Arnold. who accuses
Lindsey OF taking $4,000 from her
said yesterday that some months ago
Miss Florence James. who is also en-
ployed at the Office of the Pacific Min
ing & Chemical Company. arranged a
bridge party at the Ritz Carlton at
winch time she was introduced to
Lindsey. She said he approached her
with:
Give me $500 in cash and don't ask
me what am going to do with it,
but let me SHOW you what ! can do
with it
Whom she offered Lindsey check he
said, Don't give me check. These
bank officials would grow suspicious If
got a check cashed which had been
given me by woman Of Your advanced
years"
Mrs. Arnold said that She got $500
in cash for Lindsey and that FIVE davs
later he handed her nine s1oO bills
she sad she was persuaded by this
quick return TO buy from Lindsey
/ $4,000 worth of Pacific Mining and
Chemical Company stock.
Lindsey's Story Disproved
Mrs. Arnold added that she first
learned Lindsey was an impostor when
she mentioned to her nephew, George
L. Burr, vice-urcsident # the Guar
aNty Trust Company. that Lindsey lad
said he was executor of the will #
George T. Raker Burr told Mrs. Ar
nold q few davs later that he had
spoken TO Mr.. Baker and the banker
did not know Lindsey
MIS-. Catherine Adams. who says she
gave $4,000 to Lindsey, said she met