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Sign up freeThe Marietta Journal
Marietta, Cobb County, Georgia
What is this article about?
John B. Marston, clerk at New York's Equitable Trust Company, embezzled around $80,000 over four years by pocketing percentages of handled money, lived well to avoid suspicion, and fled when unable to conceal his actions.
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Well this is the old story again, and it contains the same old lesson by which both clerks and employers can profit if they will.
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Where did it happen?
Domestic News Details
Primary Location
New York
Key Persons
Outcome
embezzled approximately $80,000; fled to avoid detection.
Event Details
John B. Marston, the clerk, robbed the Equitable Trust Company of some $80,000 by pocketing a regular percentage of money passing through his hands, with individual embezzlements nearing a thousand dollars. He sustained thefts for four years, living in good style and disarming suspicion, before running away upon realizing he could no longer conceal his operations.