GIGANTIC FRAUD
FIRMS NEEDING FUNDS
INTERNATIONAL AFFAIR
PAEIS, October 30.
Four Frenchmen and one German living, in Paris have been arrested, and four Englishmen are wanted for interrogation, in connection with a gigantia Anglo-French fraud, on French and Belgian firms needing funds.
According to the French Public Prosecutor, the English group are alleged to have proposed that the firms-' requirements should be met by the formation of branch companies in England, whose shares could bo placed on the London market, for which it was suggested a preliminary payment should be made. '
One French firm handed over £10,000. The English companies, it is alleged, were not formed, and the sums advanced were not returned..
Over £200,000 is said to be involve* in the affair. .
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Bibliographic details
Evening Post, Volume CXVI, Issue 105, 31 October 1933, Page 9
Word Count
123GIGANTIC FRAUD Evening Post, Volume CXVI, Issue 105, 31 October 1933, Page 9
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