Tag: September 1931
Senator Coblentz, Banking Fraud, Maryland 1931
September 3, 1931, will go down in history as the day the Central Trust Co. of Maryland’s house of cards came crashing down. The venerable institution, with 11 branch banks in Frederick and surrounding counties, was forced to close its doors, plunging thousands into financial turmoil. The aftermath revealed a tale of greed, corruption, and…
