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Dates: during 1930-1939
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Identified members of this potent gaming cabal are Messrs. Koujongeorg, Andre (French gambling-house proprietor), Zar-eth and Zographos. Supposed assets: some 1,200,000,000 francs ($46,800,000). For almost ten years these gentlemen have run the baccarat banks at Deauville, Cannes, Monte Carlo. Biarritz, La Baule, Aix-les-Bains, Juan-les-Pins, Le Touquet. They have prospered to the extent of paying 25,000% in dividends to their 50-odd investors. Most famed member of the group is M. Zographoo, whose extravagance is voitures de grand sport (fast automobiles) and whose reputation for honesty is only equalled...

Author: /time Magazine | Title: FRANCE: Dashing Jack to the Rescue | 8/25/1930 | See Source »

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