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Bogus Bankruptcy, The

Bogus Bankruptcy, The

Broadcast: November 9, 1945
Added: Oct 20 2017

The honest merchant who files a petition of bankruptcy, does so to protect both himself and his creditors against total loss. But there are criminals who have made a major racket of fraudulent bankruptcy in this country, who establish a legitimate business, then conceal their assets and resort to bankruptcy for the purpose of robbing their creditors...