ALLEGED FRAUD
A BUSINESS CHALLENGED
(By Telegraph.—Press Association.)
INVEBCAEGILL, This Day. Tlio hearing of six charges of obtaining money by false pretences is proSV, the Supreme Courfagainst David Neilson Johnston, New Zealand representative of Quarterly Dividends, i/td., and National House Purchase^
The Crown Prosecutor said that the companies were promoted in England by William Taverner, and the accused was appointed secretary for New Zealand. Johnston had informed prospective depositors that by payment of nf ii tf een montwy Payments or £1 they would reach the £5000 class an seven and a half years, when they would draw dividends on that amount for the rest of their lives He 11^ 1 evidence t0 *ow tnat the whole scheme was unsound. '
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https://paperspast.natlib.govt.nz/newspapers/EP19291114.2.107
Bibliographic details
Evening Post, Volume CVIII, Issue 118, 14 November 1929, Page 11
Word Count
119ALLEGED FRAUD Evening Post, Volume CVIII, Issue 118, 14 November 1929, Page 11
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