GREAT FRAUDS.
BANK CHEATED OF A HUNDEED THOUSANDS POUNDS.
By Telegraph—Press Association—Copyrigh
London, May 16. At tiie OW Bailey H. E. Fry, director of the Smelting Corporation, and E. H. Everett, a smelter, were each sentenced to five years’ penal servitude for defrauding city bankers by means of bogus ore warrants. The evidence showed that they pledged 6129 tons, while the actual stock was only 1486 tons. The frauds represented n hundred thousand pounds. The prisoners pleaded guilty, but urged that they had'uniyitrirjgly made mistakes in ear marking ore warrants. The recorder declared that this was one of the most elaborate and mischievous frauds that had pome under his notice for years.
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Bibliographic details
Gisborne Times, Volume V, Issue 109, 17 May 1901, Page 2
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112GREAT FRAUDS. Gisborne Times, Volume V, Issue 109, 17 May 1901, Page 2
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