BRAZIL: Financiers at Work

A flurry of excited advertisements in the Brazil Herald glowed of fabulous land bargains in the wilds of the Mato Grosso plateau. Over a Rio television station, a warm-voiced announcer sold stock by posing an enticing question: "Does your money really work for you? Some of the luxuries of this world can be yours—a beach, a home, a boat, an airplane." Such were the latest come-ons of expatriate U.S. Swindlers Benjack Cage (TIME, Feb. 18, 1957) and Earl Belle (TIME, Aug. 4), and they seem to prove that good con men, like cats, land on their feet when they fall.

Belle,...

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