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Story
July 23, 1866
The Charleston Daily News
Charleston, Charleston County, South Carolina
What is this article about?
U.S. Government loses nearly $900,000 in Memphis swindle by Parkman, Brooks & Co. via fraudulent five-twenty gold coupons, detected through duplicate numbers on returned coupons.
Clipping
OCR Quality
95%
Excellent
Full Text
Some rich and astounding developments will soon be made in regard to the Memphis swindle. It appears that the Government lost nearly nine hundred thousand dollars through the transaction of Parkman, Brooks & Co., of that city. A large number of surreptitious five-twenty gold coupons are daily being returned to the Treasury cancelled. The cheat was discovered by finding two coupons bearing the same numbers, showing fraud somewhere. The duplicates appear to have been printed from the same plate as the genuine. Whether they are manufactured in New York or are stolen from the Treasury and afterwards numbered, is a mystery yet to be solved.
What sub-type of article is it?
Deception Fraud
Crime Story
Mystery
What themes does it cover?
Deception
Crime Punishment
Misfortune
What keywords are associated?
Memphis Swindle
Government Fraud
Gold Coupons
Counterfeit Bonds
Duplicate Coupons
What entities or persons were involved?
Parkman, Brooks & Co.
Where did it happen?
Memphis
Story Details
Key Persons
Parkman, Brooks & Co.
Location
Memphis
Story Details
The U.S. Government lost nearly $900,000 through fraudulent five-twenty gold coupons in a swindle by Parkman, Brooks & Co. in Memphis. Duplicates with the same numbers were discovered, printed from the same plate as genuine ones, origin unknown.