In a shocking revelation, a prominent Cleveland financier has come forward, exposing a massive racketeering scheme orchestrated by the Standard Oil group of New York financiers. The masterminds, said to have orchestrated the deal from behind the scenes, have secured control of traction securities in Ohio and Indiana, valued at a staggering $310,500. The cash outlay, a mere $50 million, was reportedly made with an air of confidence, as if the outcome was a foregone conclusion.
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Key Facts
- State: Ohio
- Category: Organized Crime
- Era: Historical
- Source: Library of Congress — Chronicling America ↗
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