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Newspaper
Houston Post
Location
Houston, Texas, United States of America
Date
May 16, 1906
Page
9
A grand jury returned an indictment naming Thomas X. Lary-Praeg as principal in a major embezzlement of insurance funds. The charges allege misappropriation totaling nearly twelve million dollars for life policies and over eight million for police matters. Prosecutors accuse Lary-Praeg of conspiracy and fraud with accomplices, pending further court action.
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