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Story
July 15, 1927
Imperial Valley Press
El Centro, Imperial County, California
What is this article about?
Martin A. Leach, president of Leach-Biltwell Automobile Company, arrested in Los Angeles on suspicion of embezzlement tied to a $2 million investment scam in Southern California companies. He faced prior scrutiny in 1925 over $750,000 from Orange County ranchers.
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Auto Builder Is
Under Arrest
By United Press Leased Wire
LOS ANGELES, July 15.—Martin A. Leach, President of the Leach-Biltwell Automobile Company was held in the county jail here today following his arrest on suspicion of embezzlement in connection with a "huge bunco scheme," police said.
According to investigators more than $2,000,000 was invested by residents of Southern California in a number of companies that Leach is asserted to have operated.
Leach was before the corporation commissioners in 1925 in a case involving $750,000 given him by Orange county ranchers.
Under Arrest
By United Press Leased Wire
LOS ANGELES, July 15.—Martin A. Leach, President of the Leach-Biltwell Automobile Company was held in the county jail here today following his arrest on suspicion of embezzlement in connection with a "huge bunco scheme," police said.
According to investigators more than $2,000,000 was invested by residents of Southern California in a number of companies that Leach is asserted to have operated.
Leach was before the corporation commissioners in 1925 in a case involving $750,000 given him by Orange county ranchers.
What sub-type of article is it?
Crime Story
Deception Fraud
What themes does it cover?
Crime Punishment
Deception
What keywords are associated?
Embezzlement
Arrest
Bunco Scheme
Automobile Company
Investment Fraud
What entities or persons were involved?
Martin A. Leach
Where did it happen?
Los Angeles, Southern California, Orange County
Story Details
Key Persons
Martin A. Leach
Location
Los Angeles, Southern California, Orange County
Event Date
July 15
Story Details
Martin A. Leach arrested for embezzlement in a $2 million bunco scheme involving Southern California investments; previously investigated in 1925 for $750,000 from Orange County ranchers.