Remembering Madoff, Ponzi and Ackron, how would you vote?
Posted: Sun Mar 15, 2009 3:45 pm
In light of Madoff going to jail for his stock trading Ponzi scheme, let us also remember Charles E. Ackron.
To make this story a bit more interesting, I left out some words so you can go back and fill in the blanks from the list at the bottom of this message.
Through the persistent activity of the Tribune's Bureau of Investigation which has been on his trail since August, Charles E. Ackron a past master of the art of fraudulent advertising, yesterday was found guilty by a jury in Kings County Court of grand larceny in the second degree. He may get a term of forty years in prison as an habitual offender since it was shown that he had served three terms in the penitentiary for similar offences.
Ackron has had many schemes for defrauding the public, his mediums of deception being automobiles, bad checks, pianos and ________(a). He was thriving well upon credulous people of Brooklyn NY for nearly a year through misleading and deceptive _________(a) advertisements inserted in Chat (yes Chat) the Star and Evening Telegram. The prosecution called some twenty witnesses who testified they had been taken by Ackron.
The prisoner, who is 55 years old, lost none of his bravado when the District Attorney sought to prove that he had been thrice convicted and had served three jail sentences since _____(b). He even shook hands with one of the two policemen who were called to identify him as the man they had arrested in _____(b) and _____(c) respectively.
Ackron always arranged the visits of his customers so that each caller, on arrival, thought he was the lucky bidder for the bargain __________(d). When they arrived at the Ackron home, they were led into a dark dining room. There behind a door in a dark corner was _____________(e). Witnesses said Ackron told them ___________(f) but in the proper light it was a _________(g). He sold forty of these new __________(h) that usually proved unsatisfactory within a day after purchase.
The jury, which was out in less than two hours, returned a verdict guilty of grand larceny in the second degree as charged.
From the New York Tribune in ________(I).
Scroll down to fill in the blanks.
(a) Talking Machines
(b) 1885
(c) 1910
(d) Victrola
(e) Fake instrument, worth $30
(f) The instrument is a Victrola
(g) Victoria
(h) Cheap instruments
(i) 1916
So what did you think of this story? How bout that Ackron, the jury, the press, the jail sentence? Was this the first instance of a sale of crapophones? How would you have voted? How would Ackron have been treated today? Do you have a Victoria in your stash? Comments please.
PhonoJack
To make this story a bit more interesting, I left out some words so you can go back and fill in the blanks from the list at the bottom of this message.
Through the persistent activity of the Tribune's Bureau of Investigation which has been on his trail since August, Charles E. Ackron a past master of the art of fraudulent advertising, yesterday was found guilty by a jury in Kings County Court of grand larceny in the second degree. He may get a term of forty years in prison as an habitual offender since it was shown that he had served three terms in the penitentiary for similar offences.
Ackron has had many schemes for defrauding the public, his mediums of deception being automobiles, bad checks, pianos and ________(a). He was thriving well upon credulous people of Brooklyn NY for nearly a year through misleading and deceptive _________(a) advertisements inserted in Chat (yes Chat) the Star and Evening Telegram. The prosecution called some twenty witnesses who testified they had been taken by Ackron.
The prisoner, who is 55 years old, lost none of his bravado when the District Attorney sought to prove that he had been thrice convicted and had served three jail sentences since _____(b). He even shook hands with one of the two policemen who were called to identify him as the man they had arrested in _____(b) and _____(c) respectively.
Ackron always arranged the visits of his customers so that each caller, on arrival, thought he was the lucky bidder for the bargain __________(d). When they arrived at the Ackron home, they were led into a dark dining room. There behind a door in a dark corner was _____________(e). Witnesses said Ackron told them ___________(f) but in the proper light it was a _________(g). He sold forty of these new __________(h) that usually proved unsatisfactory within a day after purchase.
The jury, which was out in less than two hours, returned a verdict guilty of grand larceny in the second degree as charged.
From the New York Tribune in ________(I).
Scroll down to fill in the blanks.
(a) Talking Machines
(b) 1885
(c) 1910
(d) Victrola
(e) Fake instrument, worth $30
(f) The instrument is a Victrola
(g) Victoria
(h) Cheap instruments
(i) 1916
So what did you think of this story? How bout that Ackron, the jury, the press, the jail sentence? Was this the first instance of a sale of crapophones? How would you have voted? How would Ackron have been treated today? Do you have a Victoria in your stash? Comments please.
PhonoJack
