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January 25

Corrupt Official Executed: End of Potosí Mint Fraud

Francisco Gomez de la Rocha, a wealthy former corregidor of Potosi, was executed as the Spanish Crown purged officials complicit in the Great Potosi Mint Fraud that had debased silver coinage across the empire. The scandal involved systematically reducing the silver content of coins minted at the world's most productive mint, undermining trade confidence throughout the Spanish colonial system. The executions demonstrated that even the most powerful colonial administrators faced lethal consequences for financial corruption.

January 25, 1650

376 years ago

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