This is the part 2 of the article. Read the Part 1.
The lowdown of this story was that Weil had seen the announcement that Muncie, the National Commercial Bank, was moving to a new office. Finding the owner, he rented an office and occupied it the next day after the bank moved. The same day came the Canadian. Naturally, all the signs were still in place, and it misled the Canadian. The bank, in which he gave 400 thousand, was empty before he arrived at the airport cheated.
Brilliant deception did not leave Hollywood indifferent. the movie “The Sting” with Paul Newman and Robert Redford was filmed “based on” the crime. Cine swindlers, however, opened a bookmaker’s office, not the bank.
Joseph Weil lived 101 years and died in a homeless shelter. His squandering and reputation brought him there. He was very famous and known among the police. All his cronies had long been imprisoned, small scams went from bad to worse, the major would not work at all, and eventually Yellow Kid, named so because of the love for yellow ties and handkerchiefs, King of fraudsters having earned his title in the rough sea of crime, was buried on the Chicago cemetery in a grave for the poor.