LONDON JEWELL SIDNEY BLOCH WENT ON TRIAL TOD

LONDON JEWELL SIDNEY BLOCH WENT ON TRIAL TODAY (MON)
ACCUSED OF A #250,000-PLUS GOLD SWINDLE.

BLOCH, 33, OF DANESCROFT AVENUE, HENDON, IS ALLEGED TO HAVE
DISHONESTLY OBTAINED GOLD CHAIN AND JEWELLERY FROM THREE
SUPPLIERS BETWEEN OCTOBER AND DECEMBER, 1984.

MR ANTHONY LONGDON, PROSECUTING, TOLD A JURY AT SOUTHWARK
CROWN COURT THAT BLOCH HAD GIVEN DUD CHEQUES AND PROMISES TO PAY
IN EXCHANGE FOR THE GOLD.

‘HE HAD MADE LOSSES SPECULATING ON THE COMMODITIES MARKET
AND THERE CAME A TIME WHEN HE WAS INSOLVENT,’ MR LONGON
CONTINUED.

‘BY THE END OF 1984 HE FOUND HIMSELF EXTREMELY
FINANCIALLY EMBARRASSED.

‘
COUNSEL ADDED: ‘HE ARRANGED WITH GOLD DEALERS – MANY OF WHOM
HAD KNOWN HIM FOR SEVERAL YEARS – FOR CREDIT FACILITIES, AND
OBTAINED GOLD HE WAS IN NO POSITION TO PAY FOR.

‘
BLOCH FACES THREE CHARGES OF DISHONESTLY OBTAINING OVER
#112,000 WORTH OF 9 CARAT GOLD CHAIN FROM SHEM-TOV JEWELLERS
(LONDON) LIMITED, BETWEEN OCTOBER 30 AND DECEMBER 1, 1984, AND
EVADING A 19,000 DEBT TO THE SAME COMPANY.

HE IS ALSO ACCUSED OF DISHONESTLY OBTAINING #22,000 OF GOLD
CHAIN FROM JEWELLER GABRIEL MALAS AND EVADING A #14,407 DEBT TO
THE SAME MAN BETWEEN NOVEMBER 5 AND DECEMBER 21, DISHONESTLY
OBTAINING GOLD JEWELLERY WORTH #34,662 FROM B.

J.

B.

SILVER IMPORT
LIMITED ON OR ABOUT NOVEMBER 28 AND ABOUT #60,000 WORTH OF 9
CARAT GOLD CHAIN FROM ITALIAN JEWELLERS UNO-A-ERRE ON OR ABOUT
OCTOBER 2.

BLOCH, HAS PLEADED NOT GUILTY TO ALL THE CHARGES.

THE TRIAL CONTINUES.

ENDS.