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Arrest Seven for Big Swindle in Crager System Case
New York federal and postal inspectors raid Crager System Inc on West Forty-second Street arresting three officials while Chicago agents seize four men. Charges allege a stock reloading scheme that drained investors of millions in nine months via tire and glass casket firms and several dormant companies.
MENTIONED IN THIS ARTICLE
New York
Post Office
Crager System, Inc
West Forty-second Street
Chicago
Benjamin Crager
Henry Crager
Joseph 2B. Dorn
Samuel Safir
Samuel Gatzder
H. FE. Sideman
Samuel Rosensblatt
Tire Corporation
Glass Casket Corporation
United States
Peter J. McCoy
Ike
Wille
Moh
C. M. Daniels
Bowel
Philadelphia
Crager
Glass Casket Company
Philadelphia Authority
Aiere
Nathan Nolle
Thomas Fitch
McCoy
Min Wipals
Corporation
Treasury