HUGE BANK FRAUDS.
MANY PERSONS RUINED. By Telegraph—Press Association—Copyright Helsinflfors, December 16. Idman's swindles have caused a sensation. He was thirty years in the service of the bank, and was implicitly trusted. After advancing money on securities ho abstracted the latter, and obtained personal loans thereon from other banks. Over two hundred firms, and wealthy persons, have been partially or wholly ruined. Two • female cashiers who were also arrested have confessed that they were awaio of Idman's irregularities.
Idman was manager of the Foereninga Bank at Holsingfors. The bank lost .£200,000, apart from frauds in private accounts. Idman's total defalcations aro stated to bo .£600,000.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/DOM19121217.2.55
Bibliographic details
Ngā taipitopito pukapuka
Dominion, Volume 6, Issue 1625, 17 December 1912, Page 7
Word count
Tapeke kupu
105HUGE BANK FRAUDS. Dominion, Volume 6, Issue 1625, 17 December 1912, Page 7
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in