Con Man's End

Authorities seize "Carr's " Bermuda cash

You'd better come out, we know who you are!" bellowed the FBI agent standing outside the door to a $130-a-day suite at the smart Innisbrook resort complex at Tarpon Springs, Fla. So ended a two-week hunt for the elusive Alan Abrams, the bail-jumping Boston commodity-options con man (TIME, Jan. 30) who, it is charged, under the alias "James Carr" swindled U.S. investors out of as much as $75 million.

Abrams (an earlier identification of him by the FBI as "Abrahams" was wrong) will be extradited from Florida, where he had been hiding out with his wife Lynn and three daughters. He was apparently traced by the FBI through his wife. Just where he will end up, no one is certain; he is wanted in at least four states on charges ranging from parole violation to escaping from prison. The biggest trial will probably be in Massachusetts. Authorities in that state attached deposits of nearly $2 million made by "Carr" in Bermuda banks.

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