Canada: QUEBEC: Gold Brick into Atom

Once, it was the gold brick. In Montreal last week it was the atom. Seven smooth swindlers dumped $500,000 worth of atom-bomb stock on scores of gullible Quebeckers. One investor, a Montreal physician, reportedly bit to the tune of $20,000. Since the atom bomb was top secret, the peddlers were mum about the way it was to be commercialized. But their fancy, engraved stock looked mighty pretty. A chunk of "deactivated bomb," a gear or two from an airplane motor, parts of a small lathe were more concrete come-ons. Provincial police, not impressed, arrested two atom-stock sellers. Still at...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!