BIG FRAUD ALLEGED.
AIR TORPEDO IMPOSITION.
ZURICH, April 5.
The Swiss police have arrested Otto Probst, described as an engineer, who about four years ago claimed to have invented an aerial torpedo capable of attaining a speed of 300 miles an hour and annihilating all the world's navies in a trice without difficulty.
The technical Press all the world over took the thing seriously, because he exhibited papers purporting to prove that the British Admiralty had adopted his invention.
The whole thing has turned out to he a hoax, and people who had lent him vp to a total of 40,000,000 Swiss frams ( £1,600,000 at par) set the police on hi# track.
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Auckland Star, Volume LXIV, Issue 85, 11 April 1933, Page 7
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112BIG FRAUD ALLEGED. Auckland Star, Volume LXIV, Issue 85, 11 April 1933, Page 7
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