GAOL FOR SWINDLER
SEVEN YEARS' SENTENCE
FRANCIS LORANG'S CAREER
LONDON, 26th November.
lyrancis Lorang, ex-director of the Bluebird enterprises, !i;is been sentenced to seven years' penal servitude tor his crimes, which involved heavy losses to numerous people.
Accused was arrested at a Montniartro night club, where lie was dining with two women, on charges of fraudulent conversion of sums amounting to £317,000 and publishing a false statutory report. Mr Justice Swift said Lorang had caused terrible disaster to his companies and the people interested in them. Commercial life could not continue if he \V;>nt unpunished. Lorang, who during the retirement of tl\e jury smoked a cigarette and chatted with the warders below the dock, seemed dazed at the Court's decision. Accused's father was a Luxembourg baker. Lorang himself was penniless after the war, and was -compelled to pawn his mackintosh. lit purchased a Surrey manor after the flotation of the BAuebird companies, w.heu he was "swimming in money."
Francis Lorang was founder and chairman of the Bluebird group of petrol companies, which crashed in May, 1929. He left England at the end of that month and took refuge in Luxembourg, of which he was reputed to be a citizen, and which has no extradition agreement with Britain. He paid a flying visit to Paris, and was. he said, betrayed by a woman.
Mothers! Keep children's hair healthy. Use Brice's Dandruff Prescription.— Nees, Chemists, Hardy street.
Hop and Ginger Beers can be brewed with Yeaston Tablets made from Pure Brewers' Yeast.—Nees, Chemist, Hardy street.
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https://paperspast.natlib.govt.nz/newspapers/NEM19301208.2.23
Bibliographic details
Nelson Evening Mail, Volume LXIV, 8 December 1930, Page 3
Word Count
253GAOL FOR SWINDLER Nelson Evening Mail, Volume LXIV, 8 December 1930, Page 3
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