European Stars and Stripes (Newspaper) - March 18, 1968, Darmstadt, Hesse                              March 18. 1968 the stars and stripes Page 7 ii housing drive vails Long Trail in Milwaukee leads nowhere Milwaukee wis. I i _ _3i.___.u_.�%nn1� t-1n for ref  \ we 1111 by c1 to f Washington up Swind lers capitalizing on the gullibility of the american Public particularly the poor and uneducated Are reaping profits of $500 million a year through an Inge Nious variety of Mai fraud  office department fraud inspectors bitterly outlined the Way the Marks get bilked at the conclusion of a four Day conference of top fraud specialists and Justice department officials Here. It s All in the pitch on inspector said in describing some of the ways in which the vulnerable Are so easily parted from their Money with Golden promises of a fast Buck or a real  of the favorite rackets is a thriving traffic in lost or stolen credit cards. Cards from such major National concerns a american express or the diners club bring $150 each on the Black Market. A gasoline credit card brings Only $5 to $10.the illegal possessor generally has 60 Clear Days to go on spending spree the time it takes for the Legal owner to report the loss and have the card recorded As such by All the involved companies. There is also a the Nam business in counterfeit credit cards. Known losses to the Public since 1964 total $452,000. The actual loss is probably in the millions of dollars. The mail fraud rackets havea Lingo All their own As inspector j. C. Souder of Washington d.c., explained. A favorite is to Pencil whip the Mark in the so called Home improvement and Deb consolidation Racket. This involves Bamboo Ling a Homeowner with rapidly pencilled figures until he is confused int believing he can consolidate All his debts into one big debt make substantial Home improvements and end up wit cheaper monthly payments than he currently  the Mark has signed on the dotted line he finds what he has signed Likely is a promissory note for dubious services that May or May not be performed. In either Case the schemer will quickly turn the note Over to a finance company for collection and close up  Type of swindle Chain referral schemes have Cost the Public $133 million since 1963. These involve the peddling of Large Home appliances and even automobiles by Means of a sales pitch geared to convince the sucker that the product will Cost him  he has to do he is told is to make a Small Down payment and the remainder of the Cost can be earned by him supplying the names of new customers to the  generally happens is that the product is Grossl overpriced the customer never gets credit for his referrals an the local finance company quickly gets his contract an begins to Dun him for pay  favorite scheme is in land frauds which have Cost the Public some $50 million since1963. Popular out West where therein still lots of land promoters recently have been moving into the Urban areas offering a chosen few mail customers a Hance on a weekend lot just outside the City. Full Colo brochures Promise fully devel oped Sites recreation opportunities and All the conveniences. Inspector d. C. Marshall of Denver colo., says what actually happens is that the promoters buy the land cheap hire High pressure salesmen to sell it fast and move on without Ever developing the property. I woman Day encyclopedia of cookery Cost of plane losses surpasses Korea May approach world War ii. _. In.,.i,m firc i of Nii Inos Insl. But the average Washington up not counting helicopters . Air Craft losses in Vietnam Are now two thirds of the total for the korean War and less than 10 per cent of the world War ii i numbers of planes. In Dollar value however the losses in Vietnam already have far exceeded those of Korea an May soon approach the costs of those shot Down in world War ii. Since most of the . Plane lost Over North Vietnam have i ii High performance jets unofficial estimates place the Dol Lar value of the 2,007 fixed win planes lost in Vietnam at $1 Mil lion each or a total of $2 billion. Iii i copters Are added losses in Vietnam have exceeded those 11 Korea b about 500 aircraft. I  did not figure to a Large extent in earlier  p e n t a g o n figures showed that through March 12,the United states had lost 2,007 fixed Wing planes809 to enemy action Over North Vietnam 23t to enemy action in South Viet Nam and 960 from accidents. In addition the United state Shad lost 1,489 helicopters fi02 to enemy fire and 8s7 in Acci  losses in Korea were 3 001 include ii Ulvi shot Dowland 1,645 destroyed in accuse us. In world War 11, 27,137 l planes were shot Down or Des troyed on the ground by enemy action. No exact comparison of the Dollar values is possible because the det e ise department has re Kastl no breakdown of the types of plane lost value in Vietnam is believed to he at least four times that of  idea of the difference is Given by the fact that the f4dphantoms leading the attack in Vietnam Cost $2.4 million  compares with $340,000 for the f86d Sabre Jet which waste leading plane in Korea and $53,000 to $113.000 for the f51,p38 and p47 fighters of world War  considered in its role As a bomber the phantom s cos could be compared with the $190800 for the h2b in Korea and190 000 for the h17 in world War h Kven the giant h29 bomber Winch figured in both of the earlier wars Cost just Over u fourth As much $ii2a.oou. Complete set Sand individual volumes now available �