GAMBLE ON HONEYMOON

Manawatu Times, Volume XLIX, Issue 3495, 3 November 1926, Page 14

GAMBLE ON HONEYMOON

100 PER CENT. PROFIT STORY. William Robinson, G2, a bookmaker, of Queen’s road, Ealing,, London, was charged on remand at Ealing with conspiring with Roy Douglas between May 19 and June 30 to obtain £lO 00 from William Wailing by false pretences, and converting to his own use £l5O belonging to Dr. Rox Godfrey Blake Marsh. Henry Raymond Browniow. 55, commission agent .who was charged with conspiring with .Robinson to obtain the money from Dr. Marsh, did not surrender to his bail, and a warrant was issued for his arrest. Dr. Marsh stated that on Fobru- • ary 2S, 1925, he went to the Palace Royal, Torquay, for his honeymoon. A few days after his arrival he met Browniow. who said that Robinson was an influential business man. On Ma,rch 9 he mot Robinson in the hotel, and the latter invited him to his bedroom. Robinson told him that he had taken an interest In him, and questioned him as to his prospects. Ho told him that he Intended to become a general practitioner when he was able to find the necessary' £3OOO, but had only £OOO. Robinson said that ho had a business deal on hand by which ho hoped to make a profit of 100 per cent, in the course of a few day's, and offered him a £SOO share on the condition that he paid 5 per cent, commission to cover incidental expenses. Big Bundle of Cheque''. Robinson opened a suitcase to got a bottle of brandy and displayed a bundle of cheques ranging from £3OOO to £20.000 each. After discussing the matter with his wife he (Dr. Marsh) told Robinson he would take a £2OO share in the deal. Robinson (hen said: "It is to do with a horse in the Lincolnshire Handicap,” He said the horse’s name was Parth. and that the deal was on the price of (he horse in the betting market before the race. Robinson said ho could buy bets at. 10 to 1. but when the price was shortened he wouid sell. Producing a pencil and paper, Robinson illustrated by figures that when the price fell to 5 to 1 the profit was 100 per cent. The whole deal, he

said, wouid bo finished before the race was run.

Robinson gave him a receipt worded: ‘‘Received £2OO from Mr Marsh for investment on Parth for the Lincolnshire Handicap, 1925, at 10-1. (Signed) W. Robinson.** On the same day Robinson said he was going to London, but would be returning to Torquay. As he heard nothing more from Robinson ho returned to London and saw a solicitor. The £l5O cheque had been cashed, but the £SO cheque, wdiich was post-dated ,had not been presented.

The hearing w*as adjourned. Parth was second favourite for the Lincolnshire in 1925, but did not finish in the first three.