In London, chief cashier of Union Bank sentenced to twenty years for million dollar embezzlement

In the British capital, the Union Bank of London discovered an imbalance of accounts in the amount of £263,000.  The chief cashier of the bank, William George Pullinger, soon admitted that he had embezzled the money in several Stock Exchange schemes.  Pullinger was charged with fraud, found guilty at the Old Bailey, and sentenced to twenty years in prison on May 15, 1860.  (By John Osborne)