▁a ▁silent ▁partner ▁in ▁the ▁firm ▁and ▁had ▁provided ▁false ▁testim ony ▁in ▁the ▁investigation ▁of ▁the ▁collapse . ▁ ▁He ▁was ▁ind icted ▁on ▁August ▁ 3 1 , ▁ 1 9 2 3 ▁by ▁a ▁Federal ▁grand ▁j ury ▁for ▁per j ury . ▁ ▁While ▁this ▁case ▁was ▁building , ▁another ▁of ▁the ▁bro ker age ▁fir ms ▁associated ▁with ▁the ▁dissol ution ▁of ▁Stone ham ' s , ▁E . D . ▁D ier ▁& ▁Company , ▁also ▁col lapsed . ▁ ▁Once ▁again , ▁alleg ations ▁of ▁criminal ▁activity ▁began ▁to ▁sw irl ▁around ▁him ▁and ▁in ▁September ▁ 1 9 2 3 , ▁he ▁was ▁ind icted ▁by ▁the ▁Federal ▁government ▁for ▁mail ▁fra ud ▁related ▁to ▁def ra ud ing ▁the ▁D ier ▁company ' s ▁clients . ▁ ▁He ▁was ▁acqu itted ▁of ▁these ▁charges ▁on ▁February ▁ 6 , ▁ 1 9 2 5 . ▁ ▁Although ▁he ▁was ▁cleared ▁of ▁most ▁charges ▁in ▁each ▁case , ▁the ▁t aint ▁of ▁sc andal ▁never ▁fully ▁left ▁him . ▁ ▁Rel ations hip ▁with ▁Arnold ▁Roth stein ▁Stone ham ▁had ▁a ▁close ▁business ▁relationship ▁with ▁Arnold ▁Roth stein , ▁a ▁not orious ▁organized ▁crime ▁b oss ▁who ▁ran ▁numerous ▁g amb ling ▁operations . ▁ ▁Roth stein , ▁best ▁known ▁for ▁fixing ▁the ▁ 1 9 1 9 ▁World ▁Series , ▁bro ker ed ▁Stone ham ' s ▁purchase ▁of ▁the ▁New ▁York ▁Gi ants ▁baseball ▁team ▁in ▁ 1 9 1 9 . ▁