Evening Republican, Volume 23, Number 228, Rensselaer, Jasper County, 21 September 1920 — POLICE HOLD WOMAN PONZI [ARTICLE]

POLICE HOLD WOMAN PONZI

Mrs. Phillips of Fort Worth, Tex, Offered 300 Per Cent Profit in Ten Days, Charge. Butte, Mont., Sept. 20.—Offers of 000 per cent profit in ten days on aninvestment of SIOO, made by Mrs. Mary E. Phillips of Fort Worth, Tex, resulted in her detention by Butte police, according to announcement of Police Chief J. Murphy. Mrs. Phillips Admit!od the officer said, that she had told a Melstone, Mont, woman that ■she was a member of a prominent defective agency seeking counterfeiter* She said, according to Chief Murphy, that she was selling valuable oil royalties to locate the counterfeiters. The Melstone woman came to Butte to as* slst her in the work. She failed to lorate Mrs. Phillips and reported ths offers to the police, whose subsequent Investigation resulted in Mrs. Philllprf arrest.