Warrant Out for Lafean in North Penn Bank Scandal
Ausletant: Cashier of the Wrecked Philadelphia Bank. Warrant issued for former State Banking Commissioner Daniel F. Lafean on charges tied to the North Penn bank looting probe. Assistant cashier Evan L. Ambler faces a warrant for concealing insolvency to favor a trusted customer. Grand jury indicted Ralph T. Moyer for perjury and embezzlement. District Attorney Rotan forecasts more arrests, including Lafean at his York home. The affidavit cites failure to act after the solvent report by James Wo Mar Burney on September 30, 1918, noting a 40 000 deficit. Continuous coverage promised on page 7.