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Walter P. Pfaffel, Mail Fraud, New York 1933

October 2, 1933, will go down in infamy as the day the Federal grand jury struck a major blow against the corrupt investment wing of Pfaffel Inc., headed by the calculating Walter P. Pfaffel and his right-hand man, Robert D. Robinson. The duo, behind bars on six counts of mail fraud, will face the music on October 11, with a potential 10-year prison sentence looming over their heads.

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