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Estates Schemes Take Sucker Dollars
Ohio investigators detail a wave of estate swindles run by a small group of operators who used mythic estates like Astor and Bogardus to lure heirs and stockholders into non profit fronts. Promoters spread tales of huge profits while relatives swapped shares through staged settlements. The Greene county cases in 1935 underscored claims that capitalists and officials blocked estate distributions.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
John Jacob Astor
Bogardus, Cox
Mercer
Oscar L. Fleckner
Securities Division
Great Lakes
Fleckner
Securities
Green County
Greene County