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El Paso, El Paso County, Texas
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In St. Louis federal court on Feb. 2, three men—Charles I. Greenfield, Julius Stelnhardt, and Meyer Rotman—pleaded guilty to a $1M jobbing fraud scheme shifting goods between stores to evade payment through bankruptcy. Seven others faced joint trial, one separate.
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St. Louis. Mo., Feb. 2.-Pleas of guilty were entered in the federal district court here Monday by three defendants in the so-called Great Western jobbing frauds. The case involved alleged fraudulent mercantile transactions amounting to $1,000,000. It was charged that merchandise sold on credit to one of the chain of stores would be shifted to another store, and that then the first store would avoid payment by going into bankruptcy. Those pleading guilty were Charles I. Greenfield, Julius Stelnhardt and Meyer Rotman. After the pleas of guilty had been entered seven other defendants went to trial jointly. They were Samuel Brown, Harry A Cohen, Alfred Goldberg, Samuel Bernstein. Jacob Lipman, Jacob I. Lobowitz. Maurice Garfinkel will be tried separately.
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Location
St. Louis, Mo., Federal District Court
Event Date
Feb. 2
Story Details
Three defendants pleaded guilty in federal court to fraudulent mercantile transactions totaling $1,000,000, involving shifting merchandise between stores to avoid payment via bankruptcy. Seven others went to trial jointly, with one tried separately.