True Stories of Crime From the District Attorney's Office eBook

This eBook from the Gutenberg Project consists of approximately 258 pages of information about True Stories of Crime From the District Attorney's Office.

True Stories of Crime From the District Attorney's Office eBook

This eBook from the Gutenberg Project consists of approximately 258 pages of information about True Stories of Crime From the District Attorney's Office.
Boston office of the Franklin Syndicate.  Powers paid the “Pauls,” of Boston, out of the bag brought on by Miller containing the deposits of the “Peters,” of Brooklyn.  Meantime, Ammon addressed the throng, incidentally blackguarding a Post reporter before the crowd, telling them that his paper was a “yellow paper, had never amounted to anything, and never would.”  Some timid souls took courage and redeposited their money.  The run continued one day and cost Ammon and Miller about twenty-eight thousand dollars.  Ammon took five thousand dollars cash as a fee out of the bag, and the pair returned to New York.  But confidence had been temporarily restored.

The beginning of the end, however, was now in sight—­at least for the keen vision of Bob Ammon.  He advised stimulating deposits and laying hands on all the money possible before the crash came.  Accordingly Miller sent a telegram (collect) to all depositors: 

    We have inside information of a big transaction, to begin Saturday
    or Monday morning.  Big profits.  Remit at once so as to receive the
    profits.

    WILLIAM F. MILLER,

    Franklin Syndicate.

A thousand or so were returned, the depositors having refused to pay the charges.  The rest of the customers in large measure responded.  But the game was nearly up.  There were scare-heads in the papers.  Miller saw detectives on every corner, and, like a rat leaving a sinking ship, Schlessinger scuttled away for the last time with a bag of money on the evening of Tuesday, November 21st, 1899.  The rest of the deposits were crammed into Miller’s desk and left there over night.

The next morning Miller returned to Floyd Street and spent that day in the usual routine, and also on Thursday remained until about twelve o’clock noon, when he placed thirty thousand five hundred dollars in bills in a satchel and started for Ammon’s office, where he found Schlessinger—­likewise with a satchel.

“The jig’s up,” announced Schlessinger.

“Billy, I think you’ll have to make a run for it,” said Ammon.  “The best thing for you is to go to Canada.”

It still remained to secure the money, which Miller had deposited in the banks, in such a way that the customers could not get hold of it.  Ammon explained how that could easily be done.  The money should be all turned over to him, and none of the creditors would ever see it again.  He did not deem it necessary to suggest that neither would Miller.  Accordingly the two, the lawyer and the client, went to the office of Wells, Fargo & Co., Ammon obligingly carrying the satchel containing the thirty thousand five hundred dollars.  Here Ammon deposited the contents to his own account, as well as the certificate of deposit for one hundred thousand dollars previously mentioned, and a check for ten thousand dollars, representing the balance of Miller’s loot.  In addition to this he received an order for forty thousand dollars

Copyrights
Project Gutenberg
True Stories of Crime From the District Attorney's Office from Project Gutenberg. Public domain.