Monday, Jul. 08, 1946
Gold Brick into Atom
Once, it was the gold brick. In Montreal last week it was the atom. Seven smooth swindlers dumped $500,000 worth of atom-bomb stock on scores of gullible Quebeckers. One investor, a Montreal physician, reportedly bit to the tune of $20,000. Since the atom bomb was top secret, the peddlers were mum about the way it was to be commercialized. But their fancy, engraved stock looked mighty pretty. A chunk of "deactivated bomb," a gear or two from an airplane motor, parts of a small lathe were more concrete come-ons. Provincial police, not impressed, arrested two atom-stock sellers. Still at large: the president of Atom, Inc.
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