Fortunately, there is evidence of some of the ‘prodigal extravagance’ that was laid at his door. The total loss of the Bank of England owing to the forgeries was £360,214, and the original claim of the directors against the Berners Street establishment was £250,000. So it seems that the balance was believed to have been spent wholly by Fauntleroy, and not placed to the credit of the partnership. The sworn testimony of Mr Wilkinson, an accountant employed by the assignees to examine the books of the bankrupts—although inclined to favour Messrs Marsh, Stracey & Company—supports this assumption in the most decisive manner. Thus, in spite of his defence, it would appear that during his management the forger appropriated for himself a sum of over £100,000. These figures, moreover, are endorsed by the fair-minded James Scarlett, who made the same statement as Wilkinson in his speech for the defendants in the case of Stone and Others v. Marsh, Stracey & Company, which was heard on the 2nd of March 1826. To disregard such unanimous testimony is impossible.
How did Fauntleroy spend the money?
(a) Domestic expenditure £2000 a year.
It is quite credible that for a period of seventeen years (from 1807 to 1824) a man of Fauntleroy’s habits should expend an average income of £5000. Had each of his three establishments—in Berners Street, in Brighton, and at Lambeth—cost him as much as his moderate estimate of one—and none of them could have been less expensive—the total reaches £1200 a year. In addition to this, it is known that he allowed an annuity of £400 to his wife. Thus, as he kept horses and carriages both at London and the seaside, his lowest annual domestic expenditure must have been at least £2000, or £34,000 over the period. Although the house at Fulham was one of his later extravagances, there were others that had taken its place previously.
(b) Freehold property £10,000.
The villa, land and furniture at Brighton, sold after his death, realised nearly £7000—the residence alone is said to have cost him this amount; and since he was the owner of a mews and six houses in Bryanston Square, and two other houses in York Street, his freehold property, on a moderate estimate, must have been worth £10,000.
(c) Maria Fox £10,000.
From the reports of the trial of Maria Fox at the Lewes Assizes in April 1827, we gather that Fauntleroy settled on his youthful mistress £6000, besides an annuity of £150, “of which the assignees,” said John Adolphus, her counsel, “through the advice of a worthy gentleman, Mr Bolland, were not so cruel as to deprive her.” Thus another £10,000 is added to the banker’s debt.
(d) Mrs J. C. Disney, £10,000.
During the month of December 1824 the London papers are full of insinuations with regard to Fauntleroy’s improper connection with a Mrs James C. Disney, and the letter from the lady’s husband, which appeared in the New Times on the 24th of December, substantiates unwittingly much of the truth of the story. It is certain that the creditors of Marsh, Stracey & Company recovered large sums from this Mrs Disney, who had been the recipient of Fauntleroy’s bounty to an extent exceeding the limits of platonic love, and according to The Times the amount refunded was £10,000. Although many reports state that she received twice this sum, it is sufficient for the purpose to accept the lesser figures.