BIG FRAUDS ALLEGED

Hokitika Guardian, 11 February 1930, Page 4

BIG FRAUDS ALLEGED

CHARGE OF CONSPIRACY.

(Australian Press Association). ; '__L 7 SYDNEY, February 10. . Nine men were presented at the Central Police Court, Sydney, to-day / charged with a conspiracy to defraud a number of wholesale warehouses, as cabled on December 19th. The names of the defendants areAlbprt Ellisdon, aged sixty; Albert Cameron, aged 27; Ijfarry Roden, , aged 39; Nathan ■ Mandlson,. aged ,69; Benjamin. Newlierg, aged 30; Harry. Levy, aged 67; Morris ICutner agpd 38 ; Daniel Rogers, aged 39; Joseph Wilson, aged ,45. The case had just commenced when. Daniel Rogers was discharged, thus v leaving*;eight: defendants. •• : .- j l The evidence disclosed that they had ■ carried on business under the name of “Cheapleys Ltd.”. It was represented to the various firms from whom the goods were obtained that Ellisdon was a man- of . sound financial position, which is alleged 'to be false; that •‘Cheapleys” established branch shops m the heart of Sydney) and sold goods at- ridiculously low prices, often under cost; that their losses for five months were over forty thousand ; sterling; and that when the company went into liouidation, the debts aggregated fifty-seven thousand sterling, • / v The ease is not finished. !