St. Louis Business Men Jarred By Two Great Defalcations
(United P.A.—By Telegraph — Copyright) (United Service) Received 11.58 a.m. VANCOUVER, Thursday. ST. LOUIS business circles have been jarred by two great defalcations recently. Insurance examiners have a written statement from Roy Toombs, president of the International Life Insurance Company, admitting a shortage of £700,000, while the young manager of the New York branch of the Bank of Italy has confessed losing £IOO,OOO in speculation.
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Bibliographic details
Sun (Auckland), Volume II, Issue 429, 10 August 1928, Page 1
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73St. Louis Business Men Jarred By Two Great Defalcations Sun (Auckland), Volume II, Issue 429, 10 August 1928, Page 1
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