Read it through once
“Sometimes another form of confidence trick is adopted, which is invariably successful. The particular pigeon is spotted, and, his acquaintance having been made, he is encouraged in every form of vice. When the friendship is thoroughly established, the swindler remarks to the young man that he has a brother who has asked him to lend him Rs.10,000. The swindler says he has the money and would lend it; but, as the borrower is his brother, he cannot charge interest. So he proposes that he should hand the dupe the money, and the latter should lend it to the swindler's brother, exacting a heavy pre-payment of interest which, it is pointed out, they may equally enjoy in dissipation. The dupe sees no objection, and on the appointed day receives Rs.7,000 from the swindler, which he hands over to the confederate. The latter is profuse in his thanks, and executes a promissory note for Rs.10,000, payable to bearer. The swindler allows the scheme to remain quiescent for a time, and then suggests that, as the money has not been repaid and as it would be unpleasant to sue his brother, it would be better to sell the note in the bazaar. The dupe hands the note over, for the money he advanced was not his, and, on being informed that it would be necessary to have his signature on the back so as to render the security negotiable, he signs without any hesitation. The swindler passes it on to confederates, and the latter employ a respectable firm of solicitors to ask the dupe if his signature is genuine. He admits it at once, and his fate is sealed. A suit is filed by a confederate against the dupe, two accomplices being made co-defendants. They admit their Signatures as indorsers, and the one swears he bought the note for value from the dupe. The latter has no defense, for no court would believe the apparently idle explanation of the manner in which he came to endorse the note.”