The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-18


ties accepted today the terms Of
surrender fixed by John Factor.
Factor probably would be admit
ted to bond if he has money
enough, Victor La hue and Lloyd
Moody, assistant district attorneys
announced in accepting Factors
offer to give up.
Bp United Press
CHICAGO, May 10. - Reports
that gangs in at least three cities
were hunting John (Jake the Bar
ber) Factor to kidnap or kill him
spurred police Of two continents on
today in their search for the for
nler hair cutter, whom they &C
cused Of taking millions Of dollars
through sale Of fraudulent oil and
mining stocks.
Federal and city detectives who
raided Factors fourteen room
apartment last Friday only a few
minutes after he was reported to
have left it, admitted they believed
he might surrender and face swim
ding charges in England rather
than chance being killed by Jack
Oegs) Diamond Of New York or
kidnapped by a nidwestern gang.
The police said they believed that
Diamond and Factor, once friends,
had been playing a deadly game Of
hide and seek for months and try
ing to toy each other with bullets.
Factor, it is said, refused to di-
vide with Diamond the millions he
made in England after fleeing to
that country with a forged passport
furnished him by the New York
gangster.
Helped by Legs Diamond
The officers pointed out that
shortly after Diamond went to
Europe last year, presumably in
search of Factor, he was shot five
times. Three weeks ago Diamond
was shot again and almost killed.
It was known that after Factor
was indicted in Florida on, charges
of selling approximately $1,o00,00o
worth Of ocean land" he secured
the aid Of Diamond in fleeing to
Europe.
Officers understood there was an
agreement that in England the
smooth talking ex-barber was to
operate a huge swindle and divide
the profits with Diamond.
They say he was so successful he
snubbed Diamond and that the feud
developed.
Coupled with this were reports
that gangs in New York, st. Louis
and Chicago had been hunting
Factor for weeks to kidnap him,
knowing that he made millions in
Europe and could pay huge ransom,
yet could not appeal to police for
projection because the police want
ed him also.
Once Escaped Kidnapers
It was said that Factor and a
companion, Arthur J. Green, were
kidnapped in Atlantic City several
years ago. but that Factor talked
his way to freedom by promises OF
ransom, which he never paid.
The possibility that Factor
might surrender was seen in adj
vances made by his attorney. Arthur
L. Schwartz. to the English ana
American detectives seeking him
here under a complaint sworn out
by Godfrey Haggard, British consul
to Chicago.
This complaint charged that Fac
tor with the aid of Green and
others, sold more than 100000
worth Of worthless stock in Eng
land ,,,-oY,, o+y,,c- 4%a eoIae &l,~o,,oI, 4,
financial weekly paper which he
published himself.
There also have been reports
that Factor won large amounts at
gaming tables in Europe, includ-
ing among his victims the prince
Of wales, who quit the game when
he learned he was playing against
Jake the Barber"
Once Cut Hair in Chicago
Factors wife told officers when
they raided the apartment that Fac
tor was in Los Angeles. The de-
tectives said they doubted this, but
that English officials had been hunt
ing him in that city for several
weeks.
Jake the Barber" has been well
known to police in Chicago for if
teen years, since he quit cutting hair
on Halsted street at Is cents head
and began dealing in oil and real
estate. It was said he made up
ward Of 100000 during the Florida
boom. Reports now are that he
made more than Sl2,000,o00 while
in Europe.
It also was said that he made
many influential friends on the con-
tinent and that when he learned
last fall that Diamond was going to
Europe after him he used these
friends TO prevent the Brooklyn
gangster from landing. Diamond
was returned to America as an IN
desirable person.
PHILADELPHIA, May 1s-From
q fashionable Germantown apart
ment Harry Geen was placed in
a cell today on charges OF assist
ing IN duping several people, in
. GLIDING the prince of Wales, in an
oil swindle, according to author
titles.
Geen, who was arrested as he
greeted his English wife, is said to
have aided John Factor, described
by police as chief of European
swindlers in collecting nearly
100000 IN various rackets
Geen, It is said, struck up On &C
uuaintance with the prince Of
Wales in Monte Carlo two wears
ago. then Unanswered the prince
INTO position where Factor could
sell him fake oil stock.