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Evening Times Republican
Marshalltown, Marshall County, Iowa
What is this article about?
Chicago bank clerk William E. Dunton convicted of embezzling $15,000 from Union National Bank. The shortage, stemming from a loan by friend George Forbes, led to Forbes' suicide months earlier; Dunton's sentence pending.
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William E. Dunton, of Chicago, Found Guilty of Embezzlement.
Chicago, Dec. 4.—William E. Dunton, formerly auditing clerk of the Union National Bank, was today found guilty of the embezzlement of $15,000. Sentence was not pronounced. Dunton was an intimate friend of the assistant teller, George Forbes, of the First National Bank, who committed suicide some months ago. His books showed a discrepancy in accounts and it was learned that despondency over this shortage, which was caused by Forbes loaning money to Dunton on the latter's promise he would repay it immediately, drove him into taking his life.
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Domestic News Details
Primary Location
Chicago
Event Date
Dec. 4.
Key Persons
Outcome
dunton found guilty of embezzling $15,000; sentence not pronounced. forbes committed suicide due to despondency over the shortage caused by loaning money to dunton.
Event Details
William E. Dunton, formerly auditing clerk of the Union National Bank, was found guilty of embezzling $15,000. He was an intimate friend of George Forbes, assistant teller of the First National Bank, who committed suicide some months ago due to a discrepancy in accounts from loaning money to Dunton.