WON £1000 AT RACES.

Waikato Times, Volume 100, Issue 16815, 5 June 1926, Page 21 (Supplement)

WON £IOOO AT RACES.

BUT HIS LUCK CHANGED. To win £IOOO in one week by backing horses, to lose every penny of that sum, and then to be charged with stealing, have been the experiences, according to the police, of a Sydney business man, who was arrested last week. The police first became interested in the movements of the man, who was a manager of a city company, when it was reported ttiat the company was £443 short in its accounts. The books of the company were examined, but nothing amiss could be found, though there was no doubt that the money had disappeared. , Then Detective-Sergeant Bowie and Detective Young learnt of a man’s luck at the races. lie had increased iiis winnings with practically every bet. At the end of the week he had won £IOOO. Then his luck changed suddenly, and he began to lose heavily. It was not long before lie had lost all his winnings.

Constables Bowie and Young arrested. the man in a city street. He was taken to the Central Police Station and charged with stealing.