ALLEGED FRAUD
CHARGES AGAINST U.S.A. FIRM FEARS OF FINANCIAL DISTURBANCE. INVESTMENT DEALINGS ON HUGE SCALE. By Telegraph—Press Association—Copyright. WASHINGTON, December 15. Charges of fraud against the Fidelity Investment Association, one of the largest investment firms in America, which operates 57 offices throughout the nation with sales of 600,000,000 dollars in securities, it is feared will precipitate the most serious disturbance in the financial community since the Whitney failure. An action was brought against the concern today alleging violation. of State and Federal laws. The company’s officers include a former United States Senator, a State Governor, a former United States Treasurer, and an assistant United States Attorney-General.
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Wairarapa Times-Age, 16 December 1938, Page 8
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106ALLEGED FRAUD Wairarapa Times-Age, 16 December 1938, Page 8
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