FRAUDULENT “SHARE PUSHERS”
ACTIVITIES TO 13E CHECKED BIEL IN THE HOUSE OF COMMONS I British Official VVirelessl 'Received 23rd November, 9.45 a.m.) RUGBY, 22nd November. The support of all parties ill the House ; of Commons and approval by the representative of the City of London Was given the Government’s Bill to check the activities of fraudulent “share pushers,” which received an unopposed second reading in the House of Commons last night. .Mr Oliver Stanley, President of the Board of Trade, said he was astonished mure by the intelligence ol the criminals than by the gullibility of their victims. Some £5.000,000 was annually being lost as a result of these frauds. The fundamental provision in the Bill U a scheme for licensing dealers in securities, and the law on fraud is strengthened to make it no less criminal to deceive by international false promise or forecast than by false statement.
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Nelson Evening Mail, Volume LXXII, 23 November 1938, Page 7
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149FRAUDULENT “SHARE PUSHERS” Nelson Evening Mail, Volume LXXII, 23 November 1938, Page 7
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