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How to Make $218000 on $10000 Investment
Washington news details a steel and radio fraud scheme where 875000 worth of vintage 1940s radios were offloaded via a chain of brokers, dealers, and a Boston corporations setup. Key players include Russell Feldmann, L D Roberts, C P Porter, Forrest A Clark, and Hanna Steel Corp. Profits cited reach 218000 on a 10000 stake as prices and fake trades inflated costs for consumers. The piece critiques inflated prices across stoves, refrigerators, and furnaces tied to steel purchases.
MENTIONED IN THIS ARTICLE
Washington
Rep. W. Kingsland Macy
New York
Herbert Hoover
Newport
L. D. Roberts
Houston
Tex
Feldmann
Roberts
C. P. Porter
Dallas
Boston
Forrest A. Clark
Porter
Clark
Allied Stores Co
Wac
John T. M. Reddan
Chicago
United Features Syn
S Hanna Steel Corp
Martin ©. Chesler
Hanna
SIM
Stove Company
Feldman
Allied Stores
Chester