HUNGARIAN FORGERIES

Evening Star, Issue 19381, 15 October 1926, Page 5

HUNGARIAN FORGERIES

THE BANK NOTE SCANDAL SENTENCES REDUCED. Press Association—By Telegraph—Copyright BUDAPEST, October 14. (Received October 15, at 10.5 a.m.) The sentence on Prince Windischgraetz in connection with the bank forgeries, has been reduced to four years’ hard labor and four years’ imprisonment. The sentence on Dr Nadossy has been reduced to four years’ hard labor and three and a-half years’ imprisonment, and on the others tho sentences were slightly modified. [Arising out of the disclosure of extensive forgeries of French bank notes Prince Louis Windischgraetz was arrested for alleged complicity in the matter. His secretary (Baba) was also arrested. Tho theory was that the forgers hoped to create a financial panic during which a Monarchist coup would be brought off for the restoration of Prince Otto (son of the late Emperor Charles) to the throne. The arrest of Prince Windischgraetz, who is an ex-Royal Chamberlain, and exChief of the Secretariat of the Ministry of Foreign Affairs, a relative of the Imperial House of Hapsburg, and the recognised leader of the so-called Legitimists, unloosed revelations of a most remarkable plot. It was rumored I that the arrest of the ex-Prime Minister (M. Telcki) was likely to follow, while the position of the Regent (Admiral Horthy) was shaken, and the present Prime Minister of Hungary (Count Von Bethlen) was preparing for his own retreat. _ Moreover, Dr Nadossy (Chief of Police and a close friend of Admiral Horthy) was suspended following a disciplinary inquiry ordered into his alleged neglect of 'duty. There were also arrests in Serbia and Holland on charges of uttering forged French notes. TTireo of those arrested in Holland belong to well-known Hungarian families, and it was admitted that their activities had a political side. They were engaged in endeavoring to accumulate funds for a movement for the restoration of Prince Otto by exchanging false money for gold. It was understood that the plot would not have been achieved without a keen struggle within administrative circles. It was affirmed that the police had secured evidence that the false notes were printed at the Hungarian army’s map-printing works, the head of which, Count Lanzwovitch, was missing.]