Show I PLAY PUY PRODUCER LOOS LOOSES fORTUNE SEVEN MEN ARE CHARGED WITH USING MAILS TO DEFRAUD THE PUBLIC Oliver Moroco Find Finds Himself Pen nil After Turning Over Prop ertle to Holding Cor i New York An An indictment charging ing use of the malls mails to defraud has baa been returned by the federal grand Jury against seven men accused of having bayIng defrauded the Investment public of over 21 through the theale sale ale of or tock of the Holding comp company ny a Delaware corporation organized or to exploit the theatrical and motion picture interests of Oliver Morocco Marasco Th Those e Indicted were George R. R Bentel vice president and nd general manager of the holding company Benjamin Levin organizer of the Sales corporation George II Pierce known also abo as G. G Harris Pierce sales eales manager George G. G Hanson an associate of Leven Al AI bert Blum sales manager manager- William Wil Wil- liam C. C Amos Amo's a former assemblyman who iwas was said laid to be the star salesman sales ales man and George Derr sales sale mana mana- Ker er According 0 o Assistant United States s Attorney McCoy who presented present ed ad th the matter to th grand grand' Jury Mr Mor Morocco himself was a victim of ef the alleg alleged d fraudulent activities of the themen men indicted who he said eald have dripped stripped strip drip ped him of all his prop properties y valued lud at t a about out Mr M. Morocco according to Mr McCoy turned over Ill all his hia property valued at to the holding comp compan company ny and received in return the entire issue of ol stock of the company There Ther was no treasury stock Mr Marasco properties included lease leaseholds leaseholds holds holda on theatres in this this' city andIn and andIn andin in California and all his rights to theatrical productions He lie also allO turned over his interest in a tract of over acres in Los Angeles known as Morocco town It was Mr Morocco's Marasco's Intention to tomake tomake make mak Morocco Marasco town a unique pleas ure tire city e its ita principal features con con- slating listing of villages villages' representing places in England France Germany and other other continental countries The deal for the development of Morocco Marasco town fell through because Mr Moro Morocco co faU failed d to obtain title lIe He had how however ver a contract to purchase Mr McCoy said |