Banco de Portugal
Books
- Printed by the Bank Itself Alves dos Reis, Waterlow & Sons, and the Banknote Fraud That Shook Portugal · Liszt Think
In 1925, a Lisbon clerk with a forged Oxford diploma orchestrated the largest banknote fraud in history.
- The Printer on Threadneedle Street…never seen Portugal, could not have named its finance minister, and had no reason to believe that the relationship between his firm and the Banco de Portugal would ever require anything more than the protocols he had learned in his fifteen years of service. The plates were correct. The paperwork…
- The Contract from the Bank of Portugal…had begun in the cells of Porto, where Reis conceived what became known as the Portugal Bank Note Affair: a contract forged in the name of Banco de Portugal, the central bank responsible for issuing banknotes and partly private at the time, authorizing his syndicate to print currency for colonia…
- The Trial of Alves dos Reis…a prison sentence but leaves the fraud’s financial wreckage unaddressed and the bank’s losses unrecovered, creating the imperative for the Banco de Portugal to seek restitution in another court.