The New York herald., 1922-02-25
Mrs. Atwood Cleaned Out of
$250,000 and Becomes
Nearly Penniless.
GEMS AND STOCKS GONE
Fugitive Claimed to Be Asso-
ciate of Big Financiers and
on Inside of Pools.

The District Attorneys Office made
public late yesterday the names of
some Of the victims Of Alfred Z. Lind
say, fugitive broker. who swindled in
vestors. principally prominent women.
out Of huge sums with fake stock
transactions. According to the Dis
trict Attorney. the persons named in
his list lost total Of $610.95O, but 1t
is expected that when other victims
are found and those who are known
go more carefully over their accounts.
this amount will be increased to at
least s1.000.000. Practically all Of it
went to Lindsay in cash.
The largest loser outside Of Mrs.
Lillian B. Duke, the divorced wife Of
James B. Duke, who says she was
swindled out of her personal fortune
Of s325.o00 in cash and $50.000 worth
of jewelry. was Mrs. Dorothy Atwood
Of 247 West Seventy-second street.
She is the widow of an American
mining and chemical engineer who
had extensive interests in Mexico, and
who died some years ago in Mexico
City. The District Attorneys Office
lists Mrs. Atwood as losing $4,000,
but she said last night to reporters
that Lindsay got from her at least
$3.50, 900.
Il think 1t Is likely to be more than
less" she said. "IIe got everything /
had--all my jewels and securities and
everything"
Cleaned Out of Cash aud Stocks.
Mrs. Atwood said that she gave to
him about 100000 In cash, obtained
after she had sold $3.50 shares of Sc
curities, including stock in such concerns
as Corn Products Company, Virginia
Iron. Coal and Coke: American Steel
and others Of equal Importance. In the
Corn Products Company alone. she said.
she had 1850 shares. which she sold and
turned the money over to Lindsay for in
vestment after he had represented him.
self to be the business associate OF such
men as George F. Baker and Percy
Rockefeller and Charles II. Sabin.
This was the first stock she sold, she
said. and later she sold 500 shares OF
Virginia Iron. Coal and Coke, and then
still later shares of stock in other COM
panies. She could not tell. she said, the
exact amount that she had lost. but she
has listed all Of her losses and turned
her affairs over to Lester Volk, a lawyer
OF 80 Court street. Brooklyn.
Mrs. Atwood said last night that
Lindsay was introduced to her by Mrs.
Duke. and that she let Lindsay handle
90 thA
house which had been taking care of
them. at the suggestion of Mrs Duke.
The latter. Mrs. Atwood said, told her
that she had met Lindsay through DR..
X. Arvid Finland of the Greeley Chemi-
cal Company. 2126 Broadway. Mrs.
Duke. Mrs. Atwood said. told her that
Lindsay had been handling her busi-
ness and speculative affairs for some
time and had been very successful.
About this time. Mrs. Atwood said
she was showing her pedigreed Mexican
dogs at various shows In New York
and other Eastern cities. and became
acquainted with Mrs. Duke when the
latter bought one of her Mexican hair
less dogs. Later Lindsay appeared
with Mrs. Duke and seemed to be much
interes,Ss,, I. dogs. and after Mrs. Duke
had suggested II ne asked her to LET
him handle her affairs.
He told me- said Mrs. Atwood
that he could make In one year enough
money to do me for the rest of my life.'
Told of Pool TO Get Rich.
In February, 1917, Mrs. Atwood had
a long business talk with Lindsay, dur
ing which he told her of his close con-
nections with the Bakers and the Sabins
and the Rockefellers. and intimated tha,
he was in a position to know what was
going on in the market long before II
happened. Later he said flatly that h.
ard Rockefeller and Baker and others
formed pool to control and manipulate
certain Wall Street stocks and that they