CRIME: Insull's Innings

CRIME

In Chicago early last month, the U. S. Government set out to prove in Federal court that Samuel Insull and 16 co-defendants had used the mails to defraud investors in his Corporation Securities Co. of some $100,000,000 in nine months. To win conviction, the prosecutors had to show that Insull & friends had deliberately traded back & forth the stocks of affiliates and subsidiaries, had declared unwarranted dividends, had recklessly juggled the assets of the Insull utility empire to give them an apparent value...

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