UNDERWORLD HEADS SHORT OF MONEY
Received Thursday, 10 p.m. ' SYDNEY, Noy. 21. The police are on the alert for a gang war among Sydney's bigtime criminal racketeers who amassed fortimes on the liquor hlack market during the war but are now running short of cash, says the Sydney Sun. Every day in the Criminal Investi-^ gation Bureau line up are crooks who only a short while ago owned limousines, escorted hejewelled women and bet in large aniounts at races. Their nioney has gone and they are returning to pefty thieving a,nd standover tactics which the police fear may lead to an outbreak of inter-gang ' violence. Already, says the Sun, there are underworld whisperings that those who have lost their money are attempting to stand over the few who still possess fortunes. Included in recent arrests hy detectives were three wartime hlack market liquor "bosses", each of whoin at oue time was making at least £500 weekly from rackets. Charges against them included robbery and receiving and they all ad(mitted to detectives that they were without money. Another sure indication the police say that money is getang short in the underworld, is a recent flood of forged cheques. In recent months dozqns of eity business people have beep victiius of forgcd and valueless - . cheques. . ,
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Chronicle (Levin), 22 November 1946, Page 5
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213UNDERWORLD HEADS SHORT OF MONEY Chronicle (Levin), 22 November 1946, Page 5
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