BIG FRAUD CASE.
INTERNATIONAL ASPECT. PARIS, Oct. 30. Four Frenchmen and one German living in Paris have been arrested, and four Englishmen are wanted for interrogation, in connection with a gigantic Anglo-Erench fraud on French and Belgian firms needing funds. According to the French Public Prosecutor, the English group are alleged to have proposed that the firms’ requirements should be met by the formation of branch companies in England, whose shares could be placed on the London market, for which it was suggested a preliminary payment should be made. One French firm handed over £IO,OOO. The English companies, it is alleged, wore not formed and the sums advanced were not returned. Over £200,000 is said to bo involved in the affair.
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Manawatu Standard, Volume LIII, Issue 286, 31 October 1933, Page 7
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121BIG FRAUD CASE. Manawatu Standard, Volume LIII, Issue 286, 31 October 1933, Page 7
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