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FORTUNE IN SUITCASE

BETTING PLAN SEQUEL, WALKING STREETS WITH £83,000. MAN SENTENCED FOR FRAUD. (United Press Association—Copyright.) (Received This-Day, 9.5 a.m.) LONDON, April 4. The astounding story of a man who walked the streets carrying £83.000 contained in two suitcases is told by the "Daily Express." . Frederick William Woods, who is at present living in London, conceived the idea : of hacking racehorses with other people's money, promising a return of £5 per week for every £IOO invested, providing there were three days' racing in the week. He started business at Cardiff, and money poured in alarmingly. ' , Woods' luck was amazing. Then the Cardiff Bank and afterwards two banks at Nottingham, refused dealings, without explanation. "I bought two strong suitcases, collected'the money from the banks, and found mvself in the street with £83,000,"" stated Woods. "When I was staying at a London hotel I was counting money on top of the bed' when a maid entered and screamed "Burglars!" I carried the suitcases around until business declined, and I sold it. Later I was arrested. and was sentenced to 15 months' imprisonment on a charge of fraud. The police contended that some of my clients had not received money due. I say I paid everyone."

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG19300405.2.28

Bibliographic details

Ashburton Guardian, Volume 50, Issue 149, 5 April 1930, Page 5

Word Count
204

FORTUNE IN SUITCASE Ashburton Guardian, Volume 50, Issue 149, 5 April 1930, Page 5

FORTUNE IN SUITCASE Ashburton Guardian, Volume 50, Issue 149, 5 April 1930, Page 5

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