[GETTING SOMETHING FOR NOTHING.]
HOW THE WORTHLESS CERTIFICATE WORKS.
Stock Transfers From Worthless Stock to Worthless Stock a Game That Fools the Uninitiated.
How the Rhodus Boys Worked the Old "Come-On."
One of the most open frauds, one which should not for a minute have deceived any investor in "securities" and things, was unearthed by Detective Clifton R. Wooldridge, and the results of his work were shown in Chicago when Thomas Rhodus and Birch F. Rhodus were indicted by the federal grand jury.
The Central Life Securities Company in Chicago was apparently a sound concern. The managers were always careful to keep money in the bank and any insinuation that this was not a sound company was immediately refuted by bankers who were handling the Rhodus money.