Books: Literary Rotolactor

There is one Manhattan publishing house the less since a Federal jury found sleek, Italian-born Carlo M. Flumiani guilty on 12 charges of mail fraud last fortnight. This week Judge Simon H. Rifking sentenced him to 18 months in jail, a $2,500 fine. But nobody will miss Fortuny, Inc., or Publisher Flumiani. A particularly heartless and lucrative operator in what is known to the book trade as "vanity publishing," Publisher Flumiani was convicted of mulcting, since 1935, several thousand gullible authors of around $500.000 by making them pay for the publication of their...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

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