Article image
Article image
Article image
Article image

Many Frauds Over Eight Years

MILLIONS OWED BY KREUGER. NEGLIGIBLE PAYAIENT FOR UNSECURED CREDITORS United Press Association—By Electric Telegraph—Copyright. STOCKHOLM, Alay 20. The final report of the investigation committee shows that Kreuger’s personal debts were £25,000,000 and his liabilities £20,000,000, including £10,000,000 claimed by the Kreuger-Toll Company. Unsecured creditors will receive a negligible payment, and the Kreuger companies must go bankrupt. It was elicited that the frauds extended over eight years.

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/MT19320523.2.68

Bibliographic details

Manawatu Times, Volume LV, Issue 6865, 23 May 1932, Page 7

Word Count
71

Many Frauds Over Eight Years Manawatu Times, Volume LV, Issue 6865, 23 May 1932, Page 7

Many Frauds Over Eight Years Manawatu Times, Volume LV, Issue 6865, 23 May 1932, Page 7