Melanie Shaw came forward in 2010 or 2011, making allegations about abuse inflicted on her and others at Beechwood Community Home, Nottingham. She claims that the young boys were put on a bus and taken to London. She alleges that one man, now deceased, would put a Freddie Kruger mask on and rape the boys in the basement of Beechwood. She claims to have been raped by him also.
Her allegations were some of the first to arise regarding the abuse that had taken place at Beechwood Community Home. Other allegations from different people later surfaced regarding other locations with links to Beechwood. Nottinghamshire Police initiated Operation Daybreak in 2011 to investigate the allegations.
In the modern economy, most money takes the form of bank deposits. But how those bank deposits are created is often misunderstood: the principal way is through commercial banks making loans. Whenever a bank makes a loan, it simultaneously creates a matching deposit in the borrower’s bank account, thereby creating new money.
Bank of England 2014
Money Creation in the Modern Economy