Show WAYS TO BLOCK CROOKED by W R MOREHOUSE public relations relation als commission american bankers association j this is i one of 0 0 series cre of articles exposing the wiles of shar Vers who are an after your mancy M MANY ANY reliable corporations firms and individuals are enga engaged gedl j in developing mining properties drilling for possible new oil j wells and promoting new inventions and enterprises on th the e other ot er hand many unreliable persons are ostensibly i j wy engaged in the same pursuits but in reality i are only promoting frauds therefore every investor should first divide the sheep from the goats before he hazards his savings because there aie are many dishonest manipulators using I 1 mining oil invention and promotion terms to deceive does not mean that all promoters in these fields are crooked the truth is there are many trustworthy men engaged in pro 1 1 doting enterprises that are honest invest i ments the problem is to know the difference j between promoters of the reliable type and the high pressure variety the former are en 1 j aged in legitimate business the other group j is engaged in fleecing fleeming flee cing the public the number of those who deliberately j scheme to defraud is large and they are shrewd and deceitful for this reason those i I 1 NN korthouse who y cannot afford to lose their savings should J i not trust entirely to their own judgment in making investments i in order to divide the sheep from the goats to distinguish be between t reliable and unreliable promoters to tell the good invest j monts from tho the worth worthless lesti the fenced investor should consult his ranker banker or let the national better business bureau whose headquarters axe are in now new york city advise him it costs nothing to get such advice from either source it la is safe to say that it if those who have lost their savings through fraudulent schemes had followed this simple course they would still till be in possession of their money get the facts invariably get the facts and take no substitute there Is nothing bettor better and nothing just as good as the facts when it comes to withdrawing your savings from the bank and investing them the facts about an investment either strengthen its position or show it up to be risky of oftentimes ton times too risk risky i for cor the tha person who cannot afford to lose loae new schemes to defraud p are being hatched daily the V U unscrupulous scrupulous promoter never sleeps but la is continuously plotting new methods of 0 attack on the savers t hard won accumulations the liberties li he takes with the law and the schemes v he designs for or belittling the sound tt 11 advice of 0 responsible persons makes it even more essential for or investors to get the facts remember that anything that la is worth investing in Is worth knowing about as to its safety its income and its marketability any investment which is en shrouded by a screen ot of glowing promises or Is so complicated that neither you nor your banker can fathom it and get the hard facts an investment you can afford to put your money into make it hm an unbreakable rule to get all the facts whether the investment be large or small and you will save yourself the heartaches and bitter disappointment of losing yourN savings millions of dollars which have unfortunately tuna tely been lost through poor investment might have been saved it if the tha investors had taken time to investigate before investing there Is always need for capital in sate safe honest business and and so great Is the legitimate de mand tor for investors funds that not one i cent need be wasted by them on fraudulent schemes dont trade good for bad dont exchange eich aage your investments tor for A future article will vita tell of more ec their savings others you know nothing about some time you may be approached to make a trade by a plausible person claiming to have better investments to offer than those you yon have recently a woman owning a block of gilt edge public utility clock was approached by two smooth shar pers pera and d urged to exchange it for or stock in a fruit company which she was told was not only very valuable then but would increase rapidly in III value and soon make her independently wealthy fortunately she told her bar neighbor about her offer it happened that the neighbor had recently been defrauded in a similar way sho she advised the second woman to report her offer to the local better business bureau having handled many similar s situations ns t the he bur bureau eau instructed the woman to make in aa appointment tor for the traders to meet her in her horng homa r J xa X J A I 1 IBM 61 G oo 00 d advice that prevented disaster MR they were on hand at the appointed hour with the cunning ot of expert swindlers lers they proceeded to inveigle her stock away from rom her assuring her that it if she exchanged her public utility stock for or that ot of the fruit company there was no doubt she would become very rich but just as aa they were spreading sprawling out before her a beautifully embossed stock certificate the bureaus reatus detective stepped out from hla his place of concealment and told the swindlers lers be had come prepared to take them for a ride in his car they protested loudly and even struck at wm him but experienced as he was la in handling persons who resist arrest he be soon had them handcuffed together investigation revealed that abe certificate ot of stock of the fruit company was fictitious no such company had ever been organized the evidence also disclosed that some certificates certificate had already been issued and exchanged and there were W ere a large number more ready for future use whenever a trade could be arranged literally thousands ot inexperienced i investors are being swindled out of their good investments in such trades it behooves all persons persona who have good investments not to exchange them without first getting an all the facts from ro their banker or other person perso n fully qualified to advise and protect them schemes hemea by which people are defrauded defraud edof loj |