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Day: October 24, 2021

What Fraud? Walter Watts & his $10 million check Scam

Walter Watts was born in London in 1817. He got a job at the Globe Insurance Company through his father, dealing with the cheques that the firm received. He was responsible for ensuring that the amount paid out for fire, insurance claims, and dividends was adequately reflected in the company passbook. In 1833, he testified as a witness on behalf of the bank in the trial of a man accused and later convicted of forging a £150 cheque. A decade later, he embarked on his own life of crime.

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