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SYDNEY FINANCE SCANDAL

hostile crowd in street POLICE ESCORT INSURANCE MEN. UGLY SITUATION JUST AVERTED. By Telegraph—Press Assn.—Copyright. Rec. 5.5 p.m. Sydney, April 27. While detectives were investigating the affairs of the Australian Federal Life and General Assurance Company, three officials of which were arrested during the week on charges of fraud believed to involve over £500,000, a great crowd of people gathered and made a hostile demonstration against some of the company officials who appeared outside the building. An ugly situation appeared imminent When the invest’ -ting police escort. •! one insurance man to his car in which he drove off amid angry shouts and jeers. Another official escaped by a rear entrance. A formidable pile of statements ilready has been tendered to the police by people who allege they lost heavily by investments or policies in the company.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TDN19300428.2.81

Bibliographic details

Taranaki Daily News, 28 April 1930, Page 11

Word Count
139

SYDNEY FINANCE SCANDAL Taranaki Daily News, 28 April 1930, Page 11

SYDNEY FINANCE SCANDAL Taranaki Daily News, 28 April 1930, Page 11