McCORD, Circuit Judge.
John S. Dunham was tried and found guilty on four counts of an indictment charging violations of the mail fraud statute, 18 U.S.C.A. § 338, and he has appealed.
The evidence shows that Dunham moved to Miami, Florida, in 1933; that although he had no experience as a stock market operator, he held himself out as an expert and commenced business as a stock operator and investor; that he sought out and secured investors and explained...
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