Under Nazi Noses

$28.95

How a Dutch Banker Heisted $1 Billion to Fight Hitler Translated/Edited by John Tepper Marlin, Written by Erik Schaap It remains an obscure detail in the history of the Dutch resistance against WWII time Nazi dictatorship. Its unlikely financier was Walraven (Wally) van Hall, born into an old Amsterdam banking...

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How a Dutch Banker Heisted $1 Billion to Fight Hitler

Translated/Edited by John Tepper Marlin, Written by Erik Schaap

It remains an obscure detail in the history of the Dutch resistance against WWII time Nazi dictatorship. Its unlikely financier was Walraven (Wally) van Hall, born into an old Amsterdam banking family. When Hitler invaded the neutral Netherlands in 1940, Wally joined an anti-Nazi party. When it was banned, he joined the fledgling Resistance, collecting funds, then borrowed more, and finally, in desperation, he just took it from the Dutch State Bank, then under strict Nazi Occupation control. His largest source of funding was procured by forging Dutch Treasury bills, which were then exchanged for legal ones in the Dutch State Bank vaults, right under Nazi noses. Wally's scheme remains the largest bank fraud in Dutch history. Wally was eventually betrayed, caught by his Nazi Sicherheitsdienst pursuer for something else, and subsequently executed. Amazingly, the Nazis never discovered how Wally raised a billion dollars (in 2024 money). The full story is told here for the first time for a non-Dutch English-speaking audience. The book was translated and annotated with more than 750 endnotes that explain Dutch terms and historical references.

Paperback, 300 pages, illustrated, notes, bibliography

Under Nazi Noses

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