In a shocking turn of events, Peter Schneider, a notorious bank operator from New Jersey, has been thrown behind bars for running a brazen scheme that would make even the most seasoned con artist blush. The mastermind, Schneider, used his trousers pocket as a makeshift safe to swindle 15 unsuspecting depositors out of a whopping $2000. The victims, none the wiser, received bank books in return for their hard-earned cash. An involuntary petition in bankruptcy was filed against Schneider in the United States court at Trenton, New Jersey, marking the end of his ill-fated venture.
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Key Facts
- State: National
- Category: Fraud & Financial Crimes
- Era: Historical
- Source: Library of Congress — Chronicling America ↗
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