Read the full judgment text of CACC 000710/1975 on BabelCite. This Court of Appeal judgment.
1. This is a somewhat strange case. The Appellant pleaded Guilty to seven charges of theft. He was employed by a company of share brokers. Also employed in that company were two young girls. Those two girls, without the knowledge of the Appellant, started to gamble on the stock exchange. They ordered a total of $172,000 worth of shares. They bought the shares in fictitious names and had no money to pay for them. When the market started to drop, like many others they found themselves in difficult