MANIPULATING MARKET
SENSATION IN' CANADA
STOCKBROKERS ARRESTED
(Received 31st January, 2 p.m.)
VANCOUVER, 30th January.
A national financial sensation has been caused by the arrest of sixteen stockbrokers on charges of alleged conspiracies to defraud the public through market manipulation. The old firm of Stobie and Furlong has assigned after both principals were arrested. Millions are involved. It is alleged that the brokers, acting co-operatively, ran up or down prices of stocks to suit their purposes, and took their clients' money without executing their directions. Provincial Governments are endeavouring to avoid a financial panic.
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https://paperspast.natlib.govt.nz/newspapers/EP19300131.2.82.3
Bibliographic details
Evening Post, Volume CIX, Issue 26, 31 January 1930, Page 10
Word Count
94MANIPULATING MARKET Evening Post, Volume CIX, Issue 26, 31 January 1930, Page 10
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