HUGE THEFT
EIGHT MILLION DOLLARS
United Piesfe Association.—By Electric Telegraph.—Copyright.!
LOS ANGELES, December 12,
A confession that he had misappropriated “several million dollars” of the funds of the-Guaranty Building and Loan Association, was made by its. and. . General JNJanager, who was-arrestecl heyday oh the charge of grand larceny. The Boat’d of Directors said that the defalcations might reach eight million dollars, out 'of the total resources of 11,530,000 dollars. The discovery of the loss was made after the dosing iof the bank of Hollywood earlier in the week, of which the Secretary, was also the Chairman of the Board.
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Hokitika Guardian, 15 December 1930, Page 3
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99HUGE THEFT Hokitika Guardian, 15 December 1930, Page 3
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