TEN THOUSAND POUND CHEQUE ROBBERY.

Pahiatua Herald, Volume XII, Issue 2374, 2 June 1906, Page 8

TEN THOUSAND POUND CHEQUE ROBBERY.

FRAUD BY TWO MEN MHO EVADE CAPTURE. Something like a sensation was caused on March 29th among the shareholders at the meeting of the British Bank of South America, held at the London offices. Moorgatestreot. The chairman (Mr C. Carrington! announced that by means of a forged cheque the bank liad been defrauded of £IO.(XXI. Tlie clieque was presented in January, at tbe San Paulo branch, and was at once honoured. Immediately afterwards it was discovered that the cheque was forged, and the ]*>liee were .-onimunioat*>d with. The strictest investigation followed. but it was only recently, as tin* directors were informed by telegram. that the police considered that they bad sufficient information to justify the issue of warrants for the arrests of two inon. No arrests, however. had yet been made, as the men were suppose*! to be in billing Two clerks who were involved in th<> transaction were discharged, as they were considered to have acted with great negligence, and as it was likely that the £IO.OOO would he entirely lost it had already been provided for in tlie accounts. The gro's profits, after deducting the loss, amounted to £203.000. and tin* dividend ar.*l hontis dcclari'd made a totnl return of 9 per cent, for the vear.