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The Collaborative International Dictionary
Swell mob

Mob \Mob\, n. [L. mobile vulgus, the movable common people. See Mobile, n.]

  1. The lower classes of a community; the populace, or the lowest part of it.

    A cluster of mob were making themselves merry with their betters.
    --Addison.

  2. Hence: A throng; a rabble; esp., an unlawful or riotous assembly; a disorderly crowd.

    The mob of gentlemen who wrote with ease.
    --Pope.

    Had every Athenian citizen been a Socrates, every Athenian assembly would still have been a mob.
    --Madison.

    Confused by brainless mobs.
    --Tennyson.

    Mob law, law administered by the mob; lynch law.

    Swell mob, well dressed thieves and swindlers, regarded collectively. [Slang]
    --Dickens.

Swell mob

Swell \Swell\, a. Having the characteristics of a person of rank and importance; showy; dandified; distinguished; as, a swell person; a swell neighborhood. [Slang]

Swell mob. See under Mob. [Slang]

Wiktionary
swell mob

n. (context archaic slang English) Well-dressed thief and swindlers, regarded collectively.