New-York tribune., 1922-10-29
Henry Werblow, of Pc
king, China, and Brothers
Accused of international
Scheme to Rob Bank
Round-World Plot
Charged to Three
N. Y. Office of Concern
Says $4,000 of All.
legged Loot Is Recovered

the Peking branch of the Asia BARKING
corporation. was arrested upon his re-
turn from China yesterday on a charge
OF grand larceny in connection with an
alleged attempt to defraud banks out
OF $4,000 by means of forged cable
grams. His brother, Robert. was also
taken into custody on similar charge
Another brother, Isaac, is also said to
have been involved in the scheme and
Is being sought by the authorities.
A statement issued by the Guaranty
Trust Company, the bank mostly con-
cerned in the alleged fraud, said that
100000 of the $4,000 lost through
the forgery had been recovered, and
that it was believed the remainder
would also be recovered.
Henry and Robert live at 763 Park
Place, Brooklyn. Robert was former
employee of the Chase National Bank.
They we're taken to Police Headquar-
ters after their arrest and will prob
ably be arraigned in the Tombs court
Tomorrow morning.
The attempted larceny was discov-
| cred, says the Guaranty Trust Com
pany statement, following the receipt
last July at the London Office of the
Guaranty Trust Company, cablegram
purporting to come from the Hankow
branch Of the Asia Banking Corpora
tion. The case was laid before District
Attorney Benson and presented to the
grand jury few days ago by Assistant
district Attorney Harold w. Hastings.
Extended Round the World
Mr Hastings. in disclosing some de-
tails on the operation OF the alleged
scheme, said that Robert acted as a
sort of general in the matter, remain.
ing in this city, while Isaac went to
London and Henry was in the Peking
office of the Asia Banking Corporation.
Isaac, he said, went to London, repre-
senting himself as Max Elliot, and had
a. draft. made out to himself in this
city under that name for Identification
purposes.
Henry, according to the charge,
started the bail rolling by obtaining
possession. of the bankers code as a
bank employee. and sending a good
order from Pekin to the London Office
OF the Guaranty Trust Company re-
questing the latter firm to pay to Max
Elliott $500 Attached to this order
was what the authorities regard as a
come on" paragraph designed to i'm
press and induce the Guaranty Trust
Company to honor further and larger
drafts.
This paragraph read, said Mr.. Hast
ings, as follows: "Wu Chang govern
ment have given us contract for bridge.
Thirty per cent to be paid within few
days."
The next two cablegrams received at
the London Office. of the Guaranty
Trust Company we're forgeries, saw
the authorities, and ordered the pas-
ment of $4,000 and 10000 to Max Ell
hot. This amounted in all to about
S139,000. The institutions involved say
they are insured against all losses by
such means if any loss actually results.
they expect, however, to recover all
the money lost through the scheme.
>, Dr; Charles A. Holder, president of
the Asia Banking Corporation, also ap-
pears in the charges against the men
as one of the complainants.
Henry is about twenty-nine years old
and Robert is twenty-eight. Both men
are single. Detective Bernard ].
Flood, connected with the District AZ
torncy's Office, assisted by Joseph NJ.
Nye, executive assistant of the Guar
anty Trust Company, picked up
Henrys trail as he landed at the Penn
sylvania Station from Seattle about 2
p m. yesterday afternoon.
They followed him to the Park Place
address and placed him under arrest.
Robert was found in restaurant at
112 West Forty-fourth Street about
two hours later and also taken into
custody.
Commenting on the arrests, District
ATTORNEY BantOn said Last pirb+.
"While the scheme used in this in
stance was most ingenious. it affords
another striking example of the in
creasing futility of bank employees
trying to defraud or rob their banks.
1t is to be hoped that those employees
Of financial institutions who are tempt
ed to commit such crimes-and for
tunately they are comparatively few in
nunber--will realize that it is next
to impossible to succeed. regardless
of how clever they may think them