GET-RICH-QUICK SCHEME.
ALLEGED TURF CONSPIRACY. PUBLIC’S RUSH TO INVEST. By Telesrafth. —l’r*as Assn —uop-rlght. Received Feb. 26, 5.5 p.m. London, Feb. 25. George Hunt, Frederick Hunt (a brother of George) and Walter Walters, an ex-engineer, were charged at the Barry Police Court with conspiring to defraud a professional “punter” of £5OO. The prosecutor said he had a tale to tell more like the Arabian Nights than every-day life. When George Hunt, in June, 1919, issued a circular asking for money to work a racing system an avalanche of remittances poured in from all parts of the country at the rate of £2OOO daily. People sold estates and mortgaged properties in order to participate, and some ceased work on the strength of their remittances. Hunt was offering £l7 weekly for every £lOO invested; interest payments were made for two or three months, then stopping. All classes of society were included in the victims.—Aus.-N.Z. Cable Assn.
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Taranaki Daily News, 27 February 1922, Page 5
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154GET-RICH-QUICK SCHEME. Taranaki Daily News, 27 February 1922, Page 5
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