Julius Radisch, 2509 South Halsted street, a German who lost $700 in
the wreck of the National Fireproofing Company, told the police of the
unique methods used by Johnston in selling him the stock. He asserts
that Johnston told him that the stock would pay at least 8 per cent
dividends, and as proof of the prosperity of the company took him
to the downtown district and showed him several skyscrapers which he
claimed were owned by the corporation. Radisch also says that Johnston
also pointed out a bank where he said the company had immense sums on
deposit. The story told by Radisch is peculiarly a sad one, as the
money lost by him in the crash of the Fireproofing company represented
the savings of a lifetime of hard labor. Shortly after the discovery
that his money was lost his wife died.
[Illustration: _FORGED NOTES CAUSE FIVE ARRESTS_
$10,000 STOLEN FROM BANKS
THROUGH PLOT OF SWINDLERS
Prisoner accused as principal in mammoth swindling plot in which many
banks are victims, and a facsimile of one of the notes by which money
was obtained.
_BOND USED BY THE SWINDLER._ GEORGE F. JOHNSON]