A GIGANTIC FRAUD
FIVE ARRESTS IN PARIS FOUR ENGLISHMEN “WANTED” (United Press Association.) (By Electric Telegraph—Copyright) PARIS, October 30. ' (Received Oct. 31, at 0.45 a.m.) Four Frenchmen and one German living in Paris have been arrested and four Englishmen are “ wanted ” for interrogation in connection with a gigantic Anglo-French fraud on Franco-Belgian firms needing funds. According to the French public prosecutor an English group is 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 the group suggested preliminary payment. One French firm handed over £IO,OOO. The English companies, it is alleged, were not formed, and the sums advanced were not returned. Over £200,000 is said to be involved in the affair.
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Otago Daily Times, Issue 22098, 31 October 1933, Page 10
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132A GIGANTIC FRAUD Otago Daily Times, Issue 22098, 31 October 1933, Page 10
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