Medal that marked hanging of '19th century Madoff' up for grabs

London, November 19 (ANI): A 19th century medal created to mark the hanging of a cheating banker has been put up for sale in London.

The coin came into being for the hanging of Henry Fauntleroy, who forged cheques at his bank Marsh, Sibbald and Co for more than a decade before he was caught and it collapsed with enormous debts.

The reworked George III penny describes Fauntleroy as "The Robber of Widows and Orphans" while the other warns "all insolvent bilking [cheating] bankers" that "The Fate of Fauntleroy" awaits them, reports the Telegraph.

The souvenir may remind one of Bernard Madoff, 71, who defrauded thousands of investors of billions of dollars with his Ponzi scheme, leading to speculation that his swindle was "the largest investment fraud in Wall Street history". He was sentenced to 150 years in prison earlier this year.

Timothy Millett, who is selling the coin at the Olympia Winter Fine Art and Antiques Fair, said: "At the time it really was a sensational case. He was 'doing a Madoff', you might say. The press absolutely loved it." (ANI)