Picture of the Temple of Athena on the Acropolis

The First Banks, the First Banking Scandal!

The inner treasury of the Temple of Athena on the Athenian Acropolis was burned down in the early fourth century, apparently in an attempt to cover the tracks of a banking scandal. The Treasurers of the Temple found the fortune under their control too tempting, and surreptitiously lent it out to bankers in order to collect the interest themselves. This fool-proof plan failed, however, when one or more of the bankers failed. the Treasurers tourched the Temple, hoping that no-one would discover their embezzlement. Bad luck! -- they were caught and put on trial.