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$33,000 of Lootof Swindlers isRegained by FBI; Washington, Deo. 2~lt;AP)D i-reotor J. Edgar Hoover ot the Fed-j oral Bureau of Investigation announced today that two $10,000-bills found in a Minneapolis, Minn, safety-deposit box had been identified as part of a $52,000 “racehorse” swindle in which a wealthy Baltimore, Md., business woman was victimized at Harrisburg, Pa., in April, 1938.The director said his agents now had recovered $3,000 of theamount obtained in the deal. He related that the woman, whose name was not disclosed, paid over five $10,000 federal reserve notes and $2,000 in small hills in the hope of sharing in $346,000 which she had been led to believe would be won by betting on a horse.Hoover said the three men involved in the swindle had been identified as Adrian Lawrence Dudley, who escaped from two federal guards bv leaping through a train window near Binghampton, N. Y.; Walter L. Simpson, who committed suicide in a Minocqua, Wis.. drug store July 17. andCharles Wilkes, who was arrested Nov; aber 1 in Detroit.Waited Ten Month**Dudley, the FBI chief said, had cultivated tW acquaintance of the Baltimore woman for 10 months prior to the actual swindle, which was built around finding a pocket-book containing money and papers identifying the owner as a member of a syndicate which bet on horse races.When I Midlev and the woman re- turned the pocket book. Hoover said, the appreciative “owner gave them “inside tins.'' The winnings from these. Hoover continued, had pyramided to $316,000!when the third member of the ring appeared. As a representative of the racing establishment which had received the bets in the form of promissory notes, he demanded a show of $100,000 to prove goodfaith.The Baltimore woman produced $52,000. and Dudley, Hoover said, bet the cash and all previous winnings” on the wropg horse,which lost. The director said thatthe three men disappeared during the resulting confusion, after assuring the woman she would be repaid.
Newspaper Details
Dixon Evening Telegraph
Dixon, Illinois, US
Sat, Dec 02, 1939
Page 1
Full Page
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Anonymous
USA 31 May 2020
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