| Show I Coast Swindler I Run to Ground I Ill Despondent I Auto Dealer Who Fleeced Eight Banks Out of to Face Charges in Los Angeles CHICAGO Jan 29 AP AP-A AP A country wide search for J. J K Fronk Hollywood Cal aut automobile dealer ended early today when he was ar arrested arrested arrested ar- ar rested here on a charge of defrauding defrauding defraud defraud- ing Los Angeles banks of oC He admitted detectives said that he had fled December 30 after being Indicted for conspiracy to defraud and said that he was waB on his way back to give himself up after spending the last month In Seattle Portland New York and Chicago Illness here prevented his return A physician attended him after he lie was seized by Chicago and private operatives Los Angeles authorities yesterday said they believed he was lost here penniless p friendless and critically ill The route of ot his flight light became known there after Charles Campbell Campbell Camp Camp- bell his chauffeur had been lo located located lo- lo and aided in the search READY TO RETURN He said he he would h would waive extradition extradition extradition tion and accompany his guards back to California at once They awaited word from Los Angeles The Herald and Examiner in a copyrighted story says he admitted his connection with the swindle scheme whereby worthless checks were deposited in banks to cover worthless checks passed through others but said the amount would not exceed Anxiety for his wife and child ild whom h he left leftIn leftIn leftin In Los Angeles when he fled tied was prompting his return when illness halted him the quoted him Though Los Angeles authorities said he had only with him when he left and had to borrow money from Seattle relatives s. s those who arrested him tho thought he might have valuables stowed In safety deposit boxes here and elsewhere He had a small roll of ot currency on him when arrested and said his only baggage consisted of pictures of ot his family He had registered at a hotel as Cary K Young CONTEMPLATED SUICIDE In the newspaper account he said he carried a a. large insurance policy polley and had considered benefiting his family by taking poison Precautions Precautions were taken against an any suicide suicide suicide sui sui- cide attempts I Detailing the course of his flight he ot going with Campbell ampbell Angeles Cal Cat where he he entrained for for Seat Seat- tle tie He remained there therea a week and to New York v. v where ere he coh O 1 ted going to to Europe but changed his mind and started west He stopped a day In Pittsburg and came to Chicago this week The reason for his operations leading to his indictment and Continued on page 4 COAST SWINDLER RUN TO GROUND ILL L DEPENDENT Continued from page 1 flight he refused to detail saying he would reserve his story of them I for fOl the Cali California ornia authorities r LOS ANGELES Jan 29 AP AlJ AP- AP J. J K Fronk under arrest In Chicago Chicago Chi Chi- cago cage is wanted here i itt connection with what police allege were wele the largest check kiting operations ever carried on in southern California Call Call- fornia As head of the J. J K Fronk Finance company the Bureau of Business Standards Inc and a fictitious concern the Western Vestern Auto company the fugitive Is alleged alleged al- al eged to have swindled eight Los Angeles and nearby banks ou out of or more Four of the financiers assocIates associates asso asso- dates were arrested immediately but Fronk eluded a trap and fled fied The paper paver structure of finance Fronk is alleged to have built around himself started in a small way two years ears ago His His' system was declared d by police to have been that of issuing worthless checks to meet other worthless checks By keeping numerous bank accounts and anti two sets of books he was de declared declared de- de dared by tho those e who investigated his operations to have employed a system that fooled the best minds In the city's ban banking business |
