Loyalties (1933)

A houseguest at an upper-class gathering, wealthy Jew Ferdinand de Levis, is robbed of £1,000 with evidence pointing towards the guilt of another guest, Captain Dancy. Instead of supporting De Levis, the host attempts to hush the matter up and when this fails, he sides with Dancy and subtly tries to destroy de Levis' reputation. When Dancy is later exposed, and commits suicide, de Levis is blamed for his demise.