BANKRUPT AUCTIONEER
CHARGE OF FRAUDULENT CON-
VERSION.
(II TELEGRAPH.—PRESS ASSOCIATION.)
AUCKLAND, 10th May.
A bankrupt auctioneer, Percy William Douglas, pleaded not guilty before Mr. Justice Herdman in the Supreme Court to-day to nine charges of having fraudulently converted to his own use- sums of money totalling £408 12s 3d, being balances of the proceeds of property sold by him. In a statement to the police, said, the Crown Prosecutor, accused 1 admitted having received moneys and not having paid them to his various clients. Accused had kept no trust account, and admitted having used the money of one client to pay another. At tht close of the case for tho prosecution, counsel for the defence submitted that there was no case to answer. Fraudulent action was the essence of the charge, and he oontonded that no evidence of intent to defraud had been produced. The Judge, overruled this. Counsel said that the defence broadly was that the accused was entirely ignorant of the responsiblities thrown upon him by the Auctioneers Act. The position was largely duo to faulty office methods, for which the accused was not altogether to blame.
The hearing was adjourned,
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https://paperspast.natlib.govt.nz/newspapers/EP19230511.2.127
Bibliographic details
Evening Post, Volume CV, Issue 111, 11 May 1923, Page 10
Word Count
193BANKRUPT AUCTIONEER Evening Post, Volume CV, Issue 111, 11 May 1923, Page 10
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