Word: frauds
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Dates: during 1930-1939
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...involved in commitments which were draining off $1,600,000 in much-needed cash annually. Neither to RFC nor to ICC, let alone its own stockholders, had the railroad disclosed the existence of the contracts. Belatedly Mr. Jones laid the facts before the U. S. Attorney General for possible fraud prosecution, but by then action was outlawed by a statute of limitation...
...slipped from her lofty position for the first time in 1934 when Federal prosecutors preparing mail fraud cases against certain oil company officials heard that an attempt had been made to bribe other Federal officials in the interest of the defendants. Their investigation resulted in indictments against Queen Helen, Justice Gavin Craig of the District Court of Appeals and a minor politician named Joseph Weinblatt. Last year Justice Craig and Weinblatt were convicted and sentenced, but Queen Helen was freed...
...descendant of pioneer Vermont settlers, Banker Smith quickly reasoned that $250,000 would seem an almost astronomical figure to frugal Rutland depositors, that publication of the loss might cause a ruinous run on his bank. With this in mind he gently eased the defaulting bookkeeper out hushed up the fraud, charged the loss to surplus & undivided profits. Consequently the bank pursued a serene, solvent course as did Banker Smith and the discharged bookkeeper. Later that year Banker Smith was elected Lieutenant Governor. In 1934 Vermonters made him Governor. Bookkeeper Cocklin continued as an active member of the Rutland Elks...
...Marble Savings Bank's secret could not keep forever. Finally State's Attorney Asa Bloomer of Rutland heard of it. Last June he broke the case wide open by ordering the arrest of former Bookkeeper Cocklin for grand larceny making public the details of the fraud for the first time. He began to intimate that Governor Smith was guilty of at least poor judgment when he failed to hand Bookkeeper Cocklin over to authorities immediately after the fraud was discovered. Vermonters began to wonder if their Governor was not guilty of another error when he failed to raise...
Baragwanath's friend Joslin met a still trickier game. Inspecting a claim near Porcupine, Canada, Joslin reported that it was salted, took no samples of the rock into which the gold had obviously been pounded. Another company took such tests despite the clumsy attempt at fraud, discovered the samples averaged $25 a ton, paid cash for the claim, thinking the would-be crook had pounded gold into a gold mine unwittingly. But it developed that the crook had foreseen that line of reasoning, done a crude job of salting as bait, then an expert job of salting the samples...