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UNUSUAL CHARGES

Six Men and a Woman Involved in Fraud Allegations

CAR FINANCE TRANSACTIONS ADVANCES TOTAL £944 (By Telegraph—Press Association.) AUCKLAND, To-day. An unusual series of ' charges was heard at the Police Court this, afternoon, six men and a woman being involved. The first charges heard were against Alfred Ernest Hay, aged 30, a motor dealer, and Oscar Herbert Johnson,; aged 44, a clerk. They were charged: on seven counts with conspiring to defraud the New Zealand Guarantee Corporation, Ltd., of sums totalling £944. Evidence was given by an accountant whose firm is the Auckland agent for the Corporation, which finances. the sales of cars. He said that on various dates in 1933, Hay produced seven agreements setting out the sales of cars and produced collateral promissory motes purporting to have been signed by the purchaser. In each case he produced a letter stating that he had inquired into the financial position of each purchaser. Witness accepted' the deal and paid out various sums by way of advances. Last December Hay admitted to him that none of the transactions was genuine. App r p x^ma^ £48(3 was still owing out of £944 advanced to Hay. (Proceeding.)

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HAWST19350307.2.71

Bibliographic details

Hawera Star, Volume LIV, 7 March 1935, Page 6

Word Count
196

UNUSUAL CHARGES Hawera Star, Volume LIV, 7 March 1935, Page 6

UNUSUAL CHARGES Hawera Star, Volume LIV, 7 March 1935, Page 6