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Mineral Point Tribune
Mineral Point, Iowa County, Wisconsin
What is this article about?
Bankers in New York alarmed by recent forgeries using patent ink eraser that removes red/black ink but not blue; over $100,000 in altered checks discovered. Switching to blue ink, closer scrutiny; considering rewards and extra police for arrests.
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Bankers in New York are very uneasy at the forgeries which have been perpetrated recently by means of a patent ink eraser, that will remove red and black ink marks, but has no effect on blue ink. Most of the bankers have begun using blue ink, and scrutinize checks very closely. The frauds by the alteration of checks, thus far discovered, exceed $100,000, and the perpetrators have not been found. Several bank officers are considering the propriety of offering a large reward for the forgers, and an extra force of private police will be on hand to arrest any person presenting altered checks.
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Where did it happen?
Domestic News Details
Primary Location
New York
Event Date
Recently
Outcome
frauds by the alteration of checks exceed $100,000; perpetrators have not been found; several bank officers considering offering a large reward; extra force of private police to arrest persons presenting altered checks
Event Details
Bankers in New York are very uneasy at the forgeries perpetrated recently by means of a patent ink eraser that will remove red and black ink marks but has no effect on blue ink. Most of the bankers have begun using blue ink and scrutinize checks very closely.