Thieves Mildly Dosed: Gang Which Used Racing Scheme to Rob Public Get off Lightly., Daily Racing Form, 1922-05-28


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THIEVES MILDLY DOSEDj i iGang Gang Which Used Racing Scheme to Rob Public Get Off Lightly i iEnglish English law while straighter and better applied than our own on the average misses many of its marks marksThe The trial of the alleged betting investment swindle case was concluded at Old Bailey in London a few days ago The defendants Frederick Woods David Howells and Wil jllam John Morris were charged with con 1 spiring to defraud investors as F D Wheth erby Sons SonsThe The testimony drawn out in many post ¬ poned hearings showed that the gang its chiefs were not uncovered and were sus ¬ pected as being Americans got between seventeen and twenty millions from all cor ¬ ners of the English speaking world The llrm promised 10 per cent per week on racing investments This was stronger bait than that used by Ryan Arnold or any of the domestic getrichnuick gang in their most delusive days daysThe The defense in the English case was that Woods was running an infallible betting system which but for the coal strike would have been a financial success Woods and Howells were found guilty and sentenced the llrst to fifteen months imprisonment and Howells to six months Morris was found not guilty and discharged

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