AMAZING STORY.

Timaru Herald, Volume CXXV, Issue 18537, 7 April 1930, Page 9

AMAZING STORY.

FORTUNES CARRIED IN SUIT CASES. (United Press Association—By Elec trie Telegraph—Copyright.) LONDON, April 4. The astonishing story of a man who walked the streets carrying £83,000 contained in two suit cases, is told by the “Daily Express.” Frederick William Woods, who is at present living in London, conceived the idea of backing racehorses with other people’s money, promising the return of £5 a week for every £IOO invested, providing that there was three days’ racing in a week. He started business at Cardiff and the money poured in alarmingly. Woods’s luck was amazing. Then the Cardiff Bank, and afterwards two banks at Nottingham, without explanation, refused to have dealings with him. "I bought two strong suit cases, collected the money from the banks, and found myself in the street with £83,000.” stated Woods. “When I was staying at a London hotel I was counting the money on top of the bed, when the maid entered and screamed ’Burglars.’ I carried the suit cases around until the business declined and I sold it. Later I was arrested and got fifteen months’ imprisonment on a charge of fraud. The police claimed that some of my clients had not received the money due to them. I say I paid everyone.”