A BOSTON SWINDLE
FRAUDULENT DEALING IN GERMAN MARKS.
(Rec. January 16, 5.5 p.m.) Washington, January 15
Another fraudulent scheme promising to assume the proportions of the Ponzi swindle have been revealed in Boston. The authorities have begun an investigation into a banking syndicate dealing in options on German marks. The concern sold options at two cents each. The syndicate did not deal with the mark itself. The options proved not to be redeemable, and were fraudulent. It is estimated that at least 5000 persons have been swindled and the sum involved is more than five million dollars. —Aus.N.Z. Cable Assn.
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Dominion, Volume 14, Issue 96, 17 January 1921, Page 5
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100A BOSTON SWINDLE Dominion, Volume 14, Issue 96, 17 January 1921, Page 5
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