ALLEGATION OF FRAUD.
BEVAN BEFORE THE COURT. COUNSEL’S STRONG INDICTMENT LONDON, Sept. 1. Sir Richard Muir, in opening the case against Gerald Bevan at the Guildhall in connection with the alleged frauds, said that deception and fraud were the essence of all the charges. Prisoner was obviously a speculator in shares. He emphasised how Bevan had completely dominated the companies with which he was connected. Ho described him as one who gilded silver to make it pass as gold. Quoting instances of fraud, Sir R. Muir said that in one balance-sheet a debt of £319,000 was set down as only £51,000, while a supposed investment of £198,000 in Treasury Bills was baseless. The examination of the City Equitable affairs would occaipy many months, but evidence would be given showing that the prisoner was the principal criminal. Prisoner was defended by Mr Travers Humphreys and was pale and nervous. The case was adjourned till the 14th inst.—A. and N.Z. cable.
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Manawatu Herald, Volume XLIV, Issue 2476, 5 September 1922, Page 1
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159ALLEGATION OF FRAUD. Manawatu Herald, Volume XLIV, Issue 2476, 5 September 1922, Page 1
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