ALLEGED FRAUD.
BIG CONTINENTAL SWINDLE. PARIS, October 30. Four Frenchmen and ' one German living in Paris have been arrested, and four Englishmen are wanted for interrogation in connection with a gigantic Anglo-French fraud on French and Belgian firms in need of funds. According to the French Public Prosecutor an English group is alleged to have proposed that these firms , requirements should be met by the formation of branch companies in England whose shares could be placed on the London market, for which they suggested a preliminary payment. One French firm handed over £10,000 but the English companies, it is alleged, were not formed and the sums advanced were not returned. More than £200,000 is said to be involved in the affair.
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Auckland Star, Volume LXIV, Issue 257, 31 October 1933, Page 7
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121ALLEGED FRAUD. Auckland Star, Volume LXIV, Issue 257, 31 October 1933, Page 7
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