| Show Watch out For the e ee Credit e C R Rk de I Another yokel has done it It t. t The somewhat aristocratic Charles Gregory Cannon has i been living Jiving it up recently at atthe atthe atthe the rate of about a month month Cannon has been sporting a British British accent a silver-handled silver I cane and man many disguises He until he he- was doing rather well was interviewed recently by I several agents of the Federal Bureau of Investigation Going with willi Cannon to his luxurious suite in a prominent New York hotel the agents found a portable printing press It seems that the dapper Cannon Cannon Can Can- non had used his printing press to print his own credit cards checks and identifications Interestingly this system had worked well for Cannon for months and he lie had travelled extensively throughout the United United Uni Uni- ted States and in at least one other countr country He is estimated to have cashed thousands of dollars worth of fraudulent checks thus his talent as a printer cannot be questioned In fact Cannons Cannon's talent as asan asan an impersonator and actor is also beyond question and he enjoyed a credit card ride something like another imposter impost- impost er recently The earlier swindler swindler ler ter went from coast to coast and spent tens of thousands of dollars and when captured admitted admitted admitted ad ad- adI I frankly that he had just taken a notion to go out on the card and had wanted to see sec how much he could charge It was estimated that he had charged over one hundred thousand thousand thousand thou thou- sand dollars' dollars worth of entertainment entertainment entertainment enter enter- accommodations and travel Fortunately Charles Gregory I Cannon accent and all did not surpass this mark The example example exam exam- pIe is an interesting one however however how how- ever because it emphasizes emphasises the huge credit business U U. S S. S citizens citizens citi citi- zens are now engaged in Credit cards are easily obtainable ob ob- obtainable by almost anyone because of competition between the various companies and just about all one has to do is send off a few dollars to obtain certain cards Nevertheless in these good times surprisingly few of the cards have ha been fraudulently used and pills kills are paid by an impress c percent age of card holders This will probably remain true at t least until a recession or depression arises The trend in all aU fields of or fi finance finance finance fi- fi nance is toward credit and this trend is not without some inherent dangers It is a fine commentary on the American way of life liCe thus far that so few defaults and frauds have been encountered Purchasers of automobiles on credit terms for example have established a surprisingly consistent record record re re- re cord of payment in recent years Unfortunately it appears that the crooks are just beginning begin ning fling to exploit this huge credit operation and as a result stricter qualifications for cards can be expected in the future and higher costs ma may result It is estimated in this connection con con- m ct on that Cannon took look someone for a ride for about |
