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Train, Arthur Cheney, 1875-1945

"True Stories of Crime From the District Attorney's Office"

He cited a case in Boston, where a clerk who
was badly "in" was advised by his lawyer to take a hundred and
twenty-five thousand dollars more. Then the lawyer dickered with the
bank and brought it to terms. The lawyer got twenty-five thousand
dollars, the bank got the rest, and the thief was let go. Prescott said
they ought to get away with enough more to make the bank's loss a
million. He thought _that_ would make them see what was the wise thing
to do. Prescott also said he would try to get a lawyer who could bring
some pressure to bear on the officials of the company. It would be a
rather unpleasant situation to have brought to the attention of the
State Superintendent of Banking. John agreed to get the additional
securities and turn them over to Prescott. Unfortunately, almost
everything had by this time been moved into the new vault, and all John
could get was a stock certificate for fifteen hundred railroad shares,
standing in his own name, and seventy-five thousand dollars in notes.
These he gave to Prescott, thus increasing the amount stolen from the
bank without discovery to between six and seven hundred thousand
dollars.


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