EXTENSIVE FRAUD ALLEGED
CONTINENTAL CONSPIRACY
FIVE SUSPECTS ARRESTED.
(United Press Association—By Electrio 'i “iegrapti Copyright.)
PARIS, Oct. 30. Four Frenchmen and one German living at Paris were arrested and four Englishmen are wanted for interrogation in connection with a gigantic Anglo-French fraud on Franco-Belgian firms needinpr funds. According to the French public prosecutor the English group, it is alleged. proposed that the firms’ requirements should be met by the formation of branch companies in England whose shares could be placed on the Loudon market, for which it was suggested a ' preliminary payment should be made. One French firm handed over £IO,OOO. The F.nelish companies, is is alleged, were not formed and the sums advanced were not returned. _ Over £9OO 000 is said to he involved in the affair.
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Bibliographic details
Hawera Star, Volume LIII, 31 October 1933, Page 5
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128EXTENSIVE FRAUD ALLEGED Hawera Star, Volume LIII, 31 October 1933, Page 5
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