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UNITED STATES v. ROSENFELD

No. 316.

57 F.2d 74 (1932)

UNITED STATES v. ROSENFELD et al.

Circuit Court of Appeals, Second Circuit.

Reargument Denied April 1, 1932.

Attorney(s) appearing for the Case

Benjamin Algase, of New York City (Sidney Lindner, of New York City, of counsel), for appellants.

George Z. Medalie, U. S. Atty., of New York City (Louis Mead Treadwell and Joseph Francis Finnegan, Asst. U. S. Attys., both of New York City, of counsel), for the United States.

Before L. HAND, SWAN, and CHASE, Circuit Judges.

SWAN, Circuit Judge.

The indictment charged two individuals, Rosenfeld and Nachman, and two corporations organized and controlled by them, with use of the mails in a scheme to defraud, and, in the final count, with a conspiracy so to do. In broadest outline the scheme involved the obtaining of money from numerous small investors by inducing them through false and fraudulent representations to subscribe for stock in Independent Bancontrol Corporation, and to pay for...

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