This investigation is part of what started half of Philip Troutfetter's troubles in the late 1890s.
For reasons that are not clear, Troutfetter apparently gave money to Neely, perhaps as an investment. In investigating drafts Neely deposited.
This is an oversimplification, but Casefile Clues readers will get a much longer discussion of what happened to Philip and how he was investigated in the late 1890s.
This newspaper clipping was discovered on the Library of Congress site through a Google search on Neely. The citation here is not really one in the spirit of Evidence Explained, but ones in the newsletter are.