Article Text
GLITTERING FRAUDS Charged Up Against San Francisco Diamon Merchants, SAN FRANCISCO, Dec. 31.-United States Marshal Baldwin has been appointed by United States Circuit Judge McKenna to take charge as receiver of the proceeds resulting from the sale of a valuable collection of diamonds which recently formed a part of the stock of Braverman & Bosleman, jewelers, doing business in this city. The valuables in question had been deposited with the First National bank of this city in the name of Louis Braverman, a relative of one of the firm. This action is the result of a suit begun in the United States circuit court by Max Freundan, a New York diamond merchants who alleges that through fraudulent representations Braverman & Bosleman obtained from himself and'other New York merchants, whose claims have been assigned to him, diamonds valued at $35.500; that these diamonds were converted into money and book accounts, and the same fraudulently transferred to Louis Bra= verman. Judgement in the sun of $35,500 is prayed for and it is demanded that Braverman and Bosleman be convicted and punished for the perpetration of a fraud. Braverman & Bosleman failed several weeks ago. The men composing the firm came here from New York, where they had been engaged in the jewelry business, two years ago. After securing a commercial rating of $6,000 they had little difficulty in procuring a big stock of goods.