THE INSULL FRAUDS
Trial Begins (Received October 3 at 5.5 p.m.) CHICAGO, October 2. Samuel Insull and sixteen of his colleagues, including his brother Martin, went on their trial in the Federal Court here to-day on the charges in connection with the collapse of their vast Utility holdings in 1932. The group are specifically charged with using the Federal mails to defraud investors of 143,000,000 dollars, that being the amount of the issue of stock that was sold after Insull allegedly knew that the Utility Company was insolvent.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GRA19341004.2.25
Bibliographic details
Grey River Argus, 4 October 1934, Page 5
Word Count
88THE INSULL FRAUDS Grey River Argus, 4 October 1934, Page 5
Using This Item
Copyright undetermined – untraced rights owner. For advice on reproduction of material from this newspaper, please refer to the Copyright guide.
Log in