The Chronicles of Newgate, vol. 2/2Griffiths, Arthur
History
The Chronicles of Newgate, vol. 2/2
Griffiths, Arthur
Criminals -- Great Britain; Newgate (Prison : London, England); Prisons -- England; Punishment -- Great Britain
house was nearly without resources, and the whole burthen of management
falling on me, ... I sought resources where I could;" in other words, he
forged powers of attorney, and proceeded to realize securities lodged
in his bank under various names. Among the prisoner's private papers,
one was found giving full details of the stock he had feloniously sold
out, the sum total amounting to some £170,000, with a declaration in his
own handwriting to the following effect. "In order to keep up the credit
of our house, I have forged powers of attorney for the above sums and
parties, and sold out to the amount here stated, and without the
knowledge of my partners. I kept up the payments of the dividends, but
made no entries of such payments in my books. The bank began first to
refuse our acceptances, and to destroy the credit of our house; the bank
shall smart for it."
Many stories were in circulation at the time of Fauntleroy's trial with
regard to his forgeries. It was said that he had by means of them sold
out so large an amount of stock, that he paid £16,000 a year in
dividends to escape detection. Once he ran a narrow risk of being found
out. A lady in the country, who had £13,000 in the stocks, desired her
London agent to sell them out. He went to the bank, and found that no
stocks stood in her name. He called at once upon Fauntleroy, his
client's bankers, for an explanation, and was told by Mr. Fauntleroy
that the lady had desired _him_ to sell out, "which I have done," added
the fraudulent banker, "and here are the proceeds," whereupon he
produced exchequer bills to the amount. Nothing more was heard of the
affair, although the lady declared that she had never instructed
Fauntleroy to sell. On another occasion the banker forged a gentleman's
name while the latter was sitting with him in his private room, and took
the instrument out to a clerk with the ink not dry. It must be added
that the Bank of England, on discovering the forgeries, replaced the
stock in the names of the original holders, who might otherwise have
been completely ruined. A newspaper report of the time describes
Fauntleroy as "a well-made man of middle stature. His hair, though gray,
was thick, and lay smooth over his forehead. His countenance had an
expression of most subdued resignation. The impression which his
appearance altogether was calculated to make was that of the profoundest
commiseration."
Public-domain text, read in full here on John Shaqi.
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