Counterfeit Money: The "green goods" business exposed for the benefit of all who have dishonest inclinations.Anonymous
History
Counterfeit Money: The "green goods" business exposed for the benefit of all who have dishonest inclinations.
Anonymous
Counterfeits and counterfeiting
So easily identified are the “come-ons” that the ferry employes
recognized them half a block away. Sometimes they call out to each
other so that the “come-ons” can hear:--“I’ll bet that fellow has
$10,000 in that bag,” or “Looks like a counterfeiter.” Then they enjoy
the alarm of the “come-on,” who turns pale and escapes as quickly as he
possibly can.
At the Pennsylvania Railroad ferry in Jersey City there is a youth
representing the “green goods” men continually on the watch. He scans
the faces of all passers by and looks out carefully for detectives.
Knowing all the employes of the police department by sight he can get
an idea if there is anything unusual going on, or if the department
is on the watch for some criminal. This youth was pointed out to me
yesterday by a private detective once in the employ of the Law and
Order Society, and who told me that the “green goods” men were still
doing business on a large scale, though they were not so bold as before
the sessions of the Lexow committee.
Some of the operators have been robbed lately by “come-ons.” So great
has been the publicity of the exposure of the business that it is hard
to realize that there can be a single man in the country who could be
gulled by it, but still hundreds of New Yorkers make a fat living off
“green goods.” During the Lexow investigation a few of the Jersey City
operators who did not know human nature very well thought that the end
of the “green goods” trade had been reached, and that they would have
to think up some new scheme for making a dishonest living.
NEW SWINDLING GAME.
One of the tricks that has superceded “green goods” is the “country
postmaster,” or “red goods” game. A circular is sent to postmasters in
out-of-the-way towns where the level of intelligence is supposed to be
very low, informing them that the writers have become possessed of a
large quantity of postage stamps, and are waiting for a chance to sell
them at from thirty-five cents to fifty cents on the dollar, according
to the quantity taken.
After this the modus operandi is precisely similar to that employed in
the “green goods” game. The victim is shown a lot of postage stamps,
which are then packed in a valise, and at the last moment the valise is
changed for one containing mud or stones or a brick.
This has not the same field as the “green goods” game, as the number
of postmasters is limited, and in little towns their opportunities
are smaller for disposing of any great quantities of stamps. It was
invented by operators who had been clubbed or beaten by “come-ons”
familiar with their game, and who decided that a change of ground was
necessary. But it can hardly be said to have scored a hit.
Public-domain text, read in full here on John Shaqi.
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