MUTZ, MATZKA & Co.
Wien
Two former Austrian army officers who have been doing very well with the substitution trick in connection with valuable jewelry, have about run their course, according to advices from Vienna this week. One, Frederick Mutz, has been given three years’ hard labor and his confederate, Otto Matzka, is being hunted down on a warrant in North Africa. They traded as Mutz, Matzka & Co. By substituting metal shavings in a box they were enabled to victimize people with jewelry for sale. A revolving table was used in connection with the substitution, the box containing the jewelry disappearing and a substitute box containing the shavings taking its place unbeknown to the client who would see his box of “jewelry” placed in a bank for safe keeping, the key being handed over to him, An American who, as reported in The Jewelers' Circular recently, had his doubts of the two men and helped to expose them. He insisted on having the jewels valued and deposited with a bank before going to the firm’s office and signing contracts. They cleared out that night. Interest becoming unpaid, jewelry lenders insisted on opening up their boxes at the banks. They contained metal shavings and coal. It is estimated that the two young men disposed of around 20 boxes of metal scraps in substitution for the real jewel boxes. They paid handsome interest to their jewelry clients, until the fraud was exposed.
Source: The Jewelers' Circular - 5th August 1925
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