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Newspaper
Historical Register
Location
London, Middlesex, United Kingdom
Date
Jan 01, 1732
Page
58
The document exposes fraud in a warehouse ledger with diminished certificates and fictitious pledges. It claims a large shortfall between pledged assets and reported loans, alleging deliberate manipulation to support dividends and inflate share prices. It highlights notes and bonds, renewed pledges, and a cashiers’ renewal scheme as central to the corporation’s ruin.
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