HUGE PROFITS
PARI-MUTUEL FRAUDS PIVE MEN ARRESTED (Australian and N.Z. Cable Association.! PARIS, October 14. Astonishing pari-mutuel frauds at Longchamps and Autouil resulted in the arrest of five men, whose nefarious profits are reckoned at several million francs in the last two years. They employed assistants issuing betting vouchers at parimutuel booths at salaries of 50 francs daily. They kept several blank tickets bearing the number of each horse in the race, and directly the result of the race was known’sutlieint money was hyd on the winner to cover the losses on the losing ticket and leave n margin. Often a single race yielded a profit of 20,000 francs.
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Bibliographic details
Poverty Bay Herald, Volume LII, Issue 17165, 15 October 1926, Page 7
Word Count
109HUGE PROFITS Poverty Bay Herald, Volume LII, Issue 17165, 15 October 1926, Page 7
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