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Because the Federal Housing Administration is a partial guarantor of modernization loans made by banks under Title I of the National Housing Act, Mike Pecoraro's methods came under Federal scrutiny. His methods were simple. A short, smartly-dressed man with a police record as a forger and thief, Mike would walk into a branch of big National City or Manufacturers Trust, submit an FHA loan application signed by Otto Corneau (or one of 18 other names) with his right hand and the wife's name penned with his left. Then he returned to a rented apartment, waited...

Author: /time Magazine | Title: National Affairs: Sane Borrower | 12/28/1936 | See Source »

...gout and asthma, dyed and corseted with a curl on his miserable old forehead kept in its place all night by a bandana handkerchief!' . . . Kant, while living in Holland, lived in 13 different places and changed his abode 24 times; Voltaire [was] inordinately vain, unscrupulous, once a forger and seemingly ever tempted by suicide. . . . William James often thought of suicide...

Author: /time Magazine | Title: Medicine: Man's Madness | 5/18/1936 | See Source »

...effort to find out whether or not he is a renowned polo player throws him into a pond, where he encounters the famed Penner duck. During the commencement exercises at the school which, as anticipated, take the form of routine production numbers, a detective looking for a check forger is able to terminate the amnesia victim's feeble efforts to uncover his own identity...

Author: /time Magazine | Title: Cinema: The New Pictures: Feb. 3, 1936 | 2/3/1936 | See Source »

...Franklin (his favorite characters) on the fly leaves of old books. As his skill grew, so did his audacity. To make detection more difficult, most of the Spring forgeries were sent to England and Canada for sale and circulation. Because Britain was still sentimentally fond of the Confederate States, Forger Spring invented a new character, a respectable maiden lady known as Miss Fanny Jackson, only daughter of General '"Stonewall" Jackson. For years Miss Fanny's precarious finances induced her to part with a great flood of letters and manuscripts belonging to her father and Forger Spring...

Author: /time Magazine | Title: Art: Forger Spring | 7/1/1935 | See Source »

Died. Warren Wesley Finney, 62, Emporia, Kans. banker, convicted embezzler, father of Bond Forger Ronald Finney (TIME, Aug. 21, 1933, et seq.); by his own hand (pistol); in Emporia. When peace officers came to his summer cabin last week to take him to the penitentiary, Mrs. Finney's plea for "one more hour" was granted. The officers returned to find Warren Finney sprawled on the floor, a bullet hole through both temples, a mirror propped before...

Author: /time Magazine | Title: Milestones, Jun. 17, 1935 | 6/17/1935 | See Source »

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