Huge Swindles Bared
Officers of Four Underwriting and Guarantee Companies Arrested by Detective Clifton R. Wooldridge.
Charges Are Bogus Underwriting and Fraudulent Inspection of Properties.
All the officers of the four biggest underwriting and guarantee companies in the west, with headquarters in Chicago, were arrested. They were charged with having engineered the boldest and most comprehensive swindle ever exposed in this country.
The following are the names of the men arrested for running The Central State Underwriting and Guarantee corporation room 1306, Tribune building:
W. H. Hulbert, H. B. Hudson, Francis Owings, M. J. Roughen, W. H. Todd, were arrested for running a confidence game. W. H. Todd jumped his bond and fled to St. Louis, Mo., where he was apprehended and brought back by Detective Wooldridge.