PLEA OF GUILTY

Wanganui Chronicle, Volume LXXXIII, Issue 19994, 10 November 1927, Page 7

PLEA OF GUILTY

HIS EMPLOYER’S MONEY BETTING TO COVES SHORTAGE (Per Press Association.) WELLINGTON, Nov. 9. In the charge against Liversage of embezzling £4904 from Joseph Nathan and Co., it was stated that accused had joined the firm as a boy and had been cashier since 1919. In that capacity £50,000 a month or more went through his hands in cheques. The auditor said the cheques were banked when received, but not entered until later, so as to cover up the defalcations. The police evidence was that Liversage admitted he had been using the firm’s money for seven years. He made a statement in which he said that, seven years ago, two sums of £225 and £245 disappeared between the time of receipt in the office and when they should have been banked. Fearing ho would lose his place, he held other cheques to cover these amounts, and then started betting in the hope of recovering enough to replace the money lost. This went on till more and more had disappeared. He had never betted before.

Accused pleaded guilty and was committed for sentence. No bail was asked for.