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Published in:
2015 | OriginalPaper | Chapter
Pillars of Society? Financial Crime in the British Banking Sector, c. 1919–1939
Author : Matthew Hollow
Published in: Rogue Banking: A History of Financial Fraud in Interwar Britain
Publisher: Palgrave Macmillan UK
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This chapter outlines some of the most significant acts of financial fraud that took place in the British banking sector during the interwar years. In academic terms, this is an area that has generally received scant attention from historians. This chapter starts to fill this gap in the literature by providing an in-depth insight into the main perpetration strategies and the chief motivating factors that were involved in these acts of fraud. Ultimately, what it shows is that despite some notable improvements in auditing and training, the threat of mismanagement and embezzlement still continued to remain a very real one for British depositors during this period.