GIGANTIC EMBEZZLEMENT.
A BANK PRESIDENT TAKES £300,000.
By Telegraph—Press Association—Copyright Received 9.83 p.m., April 25. New York, April 25. Frank Bigelow, president of the first Notional Bank at Milwaukee, has been arrested for defalcations of £300,000 and falsfying books. He admits that he lost money in speculating in wheat. The directors subscribed sufficient to meet all demands, bat small depositors started a run on the bank.
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Bibliographic details
Gisborne Times, Volume XVIII, Issue 1438, 26 April 1905, Page 2
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66GIGANTIC EMBEZZLEMENT. Gisborne Times, Volume XVIII, Issue 1438, 26 April 1905, Page 2
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