Show UNCLES NAME TO GET RICH QUICKLY chicago nov 38 samuel N hafl a nephew of nelson morris the millionaire packer was arrested hero tonight charged with swindling S W strauss and company mortgage bankers at lafaue street out of being unable to furnish bonds fixed at by justice cochrane Coch rano who issued the warrants for his arrest hoffheimer was taken to the cook county jall the alleged swindle operated by hoffheimer extends over a period of IS months alg relations with tho morris family it is said made it possible tor to carry out the scheme for such long period without detection two years ago while the youns man was carrying on a small commission business in buying and selling cattle feed it Is alleged he went to R W strauss and company and explained that he was buying large quantities of cottonseed and cottonseed hulls which he disposed of to nelson morris and company in order to earnon the business it is alleged he ex that a large amount of money was necessary to take up the drafta which were made dally on him for the feed and to take up the bills ot lading made with shipments he li i said requested S W strauss to jl nance the deals which they agreed to do from that time on it la alleged hoit heimer delivered lists to strauss and company daily ot carloads of battly feed which he said he had bought from various concerns and had sold to nelson morris and company he would obtain checks for the amount of W purchases from S V strauss and coni pany and at the same time he would deliver to the bankers a draft on nel son morris ind company for amount for which he had informed them he had sold the feed to the pack ing company the draft taken by the bankers was deposited in their banks in the usual course of their business at the beginning according to the bankers Hoff hehner carried on tonly small scales but the amounts of th transactions transact iona grew BO that sales to ne son morris and company as by hoffheimer amounted to more than a day until the of this month the supposed sales continued and then it was learned it is said that all the bales were fictitious in stead of taking up the which hr had eaid were made out against him when he bought the supposed feed hoffheimer took up the drafts hr gave to S W strauss and compana against nelson morris and compari in that way he continued from day K day increasing ills supposed sales anil taking up the larger drafts against the packing company with the larger chebli given him by the bankers eacle fol lowing day making 11 small gain each day on tho use of the bankers mone knowledge of the drafts did not reach the packing company until november 1 when nelson morris accidental discovered one check while it was in tho bank at the stock yards an investigation vesti gation followed and is alleged to have made a complete confession to strauss of his operation admitting that months he had been carrying on the scheme which bad made and atch close had netted r tho amount afi the check receive from the banking concern to take care of the days business hoffheimer declares be has lost the money in investments he will bo given a hearing before justice cocbrane dec 5 |