Article image
Article image
Article image
Article image

BANK CLERK'S BETS.

LOST £4517 IN A WEEK. LONDON, Jan. 20. How Walter Schwendelkr, aged 26, a bank clerk on a salary of £350 a 'year, sometimes put £250 on a horse, roads bets totalling £IOOO in a single day and lost £4517 m a week, after winning £4398 during the previous week was unfolded at the Guildhall to-day by Harry Levene, a bookmaker, who said he understood that Schwendeller' was an agent for trainers and owners. Schwendeller, who wa» committed for trial, was charged with conspiring with Bachofen, a clerk in another bank, fraudulently to obtain £5949. Bachofen, who died in November, had tho utmost of his employers' confidence, until hiß desk was opened after his funeral. The mouer/ers included Levene,. who wished to meet Bechofen's wealthy client*,

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19250206.2.97

Bibliographic details

Manawatu Standard, Volume XLV, Issue 57, 6 February 1925, Page 10

Word Count
129

BANK CLERK'S BETS. Manawatu Standard, Volume XLV, Issue 57, 6 February 1925, Page 10

BANK CLERK'S BETS. Manawatu Standard, Volume XLV, Issue 57, 6 February 1925, Page 10