Show NEW SCHEME OF SWINDLERS jewelers jeweler of barlous states rotted to the extent of several hundred thousand dollars new york details of 0 what Is described as one of the most gigantic jewelry frauds of recent years yeara with merchants of many of the abo larger cities as the victims were given out in new york tuesday night in a formal statement issued by 11 D rothschild pres ident ot of the jewelers board of trade an organization of jewelers all over the country T the he losses are estimated to date at 00 and a full investigation it Is said will greatly increase In creaso these figures some estimates of the loss range as high as the statement says saya nine men have been arrested in connection with tho the alleged conspiracy and mr rothschild explained that an appeal was made direct to president tatt taft by business men concerned and through tho the presidents intervention attorney general wickersham took the matter up tip and had an inquiry conducted by government agents the scheme was to buy jewelry throughout the country and ship it to montgomery alabama after that the reports say dummy packages were ben sent t from a montgomery firm to other stores controlled by it these were then credited as the real shipments of valuable goods and so listed I 1 the stores were then set on fire it Is alleged and the dummy packages were wera listed as art lost assets by the alrin in bankruptcy proceed lags |