THE ALBERT! FRAUDS,

Taranaki Herald, Volume LIV, Issue 13757, 21 September 1908, Page 5

THE ALBERT! FRAUDS,

A RASH .-SPECULATOR

By Electric Telegraph.— Copyright.

(Received Sept. 21, 8.25 a.m.) COPENHAGEN, Sept. 20.

In reference to the frauds of Alberti, ex-Minister of Justice, the examining magistrate btales that Alberti lost 6,000,000 kroner in six years on tho London Stock Exchange.

WILLEIt AND KI LEY'S ALLEGED

LOSSES

ANOTHKK DHNLIL.

Per Fs#£s Association.

WELLINGTON, Sept. 21.

Mr S. Turner, director of Wilier and Riley, whose affairs have been referred to in recent cables, writes to tho Press Association denying the truth of tho statements made- therein. He says they have been ''concocted by someone for the purposo of damaging our reputation. We have not lost anyn money through the alleged Danish frauds. The butter and cheese sent to my firm fotom this Dominion last year was all sight drafts, the same as it is this year, the bank .holding the butter and chce:se 011 the factories' behalf until paid for. Therefore we do not take credit. Wo have 110 credit in this country/ 1