A HUGE FRAUD
FIVE ARRESTED EUROPEAN COMPANY SCHEME. United Press Association—By Eleotrtr Telegraph—Copyright.) (Received this day at 9 a.m.) PAI.US, October 30. Four Frenchmen and one German living in Paris were arrested, and four Englishmen are wanted for interrogaation, in connection with a gigantic Anglo-French fraud on Franco-Belgian firms needing funds. According to the French public'prosccutor, an English group alleged that the proposed firm’s requirements should bo met by the format.on ot branch companies in England, whose shares could be placed on the London market, wlier,eflore they suggested a preliminary payment. One French firm handed over £lO,000. The English companies, it is alleged, were not formed, and the sums advanced were .not returned. Over £200,000 is said to be involved in the affair.
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Hokitika Guardian, 31 October 1933, Page 5
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123A HUGE FRAUD Hokitika Guardian, 31 October 1933, Page 5
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