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Forbes Bank

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 1843

    Fraudulent-bill defalcation and bank collapse

    A manager carried out an extensive defalcation through the circulation of fraudulent bills. The misconduct precipitated Forbes Bank’s collapse and led to public controversy over its management and liquidation, followed by serious hardship across the Isle of Man.

    Source