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Butte, Silver Bow County, Montana
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Freeman Strait, a New York real estate dealer and insurance agent, was arrested on Oct. 9 for defrauding the government by selling chemically restored war revenue stamps, allegedly cheating $100,000 and earning $2,000 weekly. Stamps and chemicals found at his home.
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New York, Oct. 9.—Freeman Strait, a
well known real estate dealer and insurance
agent, with an office on lower
Broadway, has been arrested, charged
with defrauding the government by selling
war revenue stamps chemically restored
after cancellation. It is stated
by treasury special agents that Strait
and his associates have cheated the government
out of $100,000. Strait, they say,
has been clearing $2,000 a week. At his
home were found a large number of
stamps in various stages of restoration,
also the chemicals used in the process.
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Story Details
Key Persons
Location
New York
Event Date
Oct. 9
Story Details
Freeman Strait arrested for defrauding the government by selling chemically restored war revenue stamps after cancellation, with associates cheating $100,000 and him earning $2,000 weekly; stamps and chemicals found at his home.