The ‘Villainous’ Scottish Cashier Who Robbed His Own Bank

I have listed a banknote from the East Lothian Bank (1810-1822). The bank collapsed when the cashier, William Borthwick absconded to America with £21,000 in the bank’s notes. Interestingly, all the noteholders and creditors lost nothing  as all the losses were borne by the other partners in the bank. Not all Scottish bankers were honest! This makes the East Lothian Banknotes so interesting.