A PIGGISH FRAUD
FRENCH C1TTZENS VICTIMISED. PROMOTERS A RRESTED.
[Press Association.]
Aus. and N.Z. Cable Association..
PARIS, Sept. 27. Four years ago the estahlishment of La Porcherie Franeaise advertised: "Citizens are invited toi invest in the purchase of pigs as living assets unlikely to depreciate like paper bonds." Thousands of subscribers sent money to huv pigs, the company uudertaking to number them all and seir them as instrueted when, fattened. It is believed that the company thus reoeived twenty-five million francs annually. Reoently Subscribers hegan to receive notifications that their pigs had died and the frequency of the notioes aroused suspieion. Tlie police were called in. They went to the piggery and found only 182 pigs, 108 of which were listed as the property of one of the directors. It is now alleged that only seven out of many million francs were ever invested in pigs. The promoters were arrested.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MEX19260929.2.31
Bibliographic details
Marlborough Express, Volume LX, Issue 230, 29 September 1926, Page 3
Word Count
150A PIGGISH FRAUD Marlborough Express, Volume LX, Issue 230, 29 September 1926, Page 3
Using This Item
Stuff Ltd is the copyright owner for the Marlborough Express. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.