| Code | DS/UK/45 |
| Corporate Name | Marsh, Stracey, Fauntleroy & Graham |
| Dates | 1792 - 1824 |
| OtherFormsOfName | Marsh, Sibbald, Stracey & Fauntleroy; De Vismes, Cuthbert, Marsh, Creed & Co. |
| Activity | Henry Fauntleroy (1784-1824), a partner in bankers Marsh, Stracey, Fauntleroy & Graham forged Powers of Attorney from at least 1815 in order to dispose of customers' holdings of stock to the value of £360,000. The bank collapsed in 1824 and Fauntleroy was tried at the Old Bailey and hanged in November 1824. Fauntleroy's embezzlement was the most notorious of many frauds which revealed the instability of the British banking system in the early 1820s. These crimes, together with the high level of bank failures, led to reforms imposed in the Banking Act of 1826. |
| Source | Orbell & Turton, 'British banking. A guide to historical records' and Oxford Dictionary of National Biography. |
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