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Jewish Banker Arrested on Return from Paris

May 7, 1933
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Ernst Marx, Jewish banker, 45, was arrested in a hotel in Nuerenbergerstrasse today, charged with mismanagement of his bank’s affairs, and with acting against rules and regulations governing finance. The arrest of Marx, who is merely one of many Jewish financiers taken into custody, occurred after his return from Paris, where he had fled during the first days of the Nazi regime.

It is expected that the bank controlled by Herr Marx, which has many branches in South Germany, will be liquidated by the authorities, and that Marx’s personal account will be confiscated.

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