At the Battle of Poltava 1709, Carl Piper were taken as a prisoner to Russia, where he remained until his death seven years later. When the disastrous news of the Swedish defeat reached the capital of Stockholm, panic erupted and the bank was emptied: Carl Piper was blamed for having persuaded the King to attack Russia, and according to the reports of the Danish and French envoys, Christina Piper was attacked by a mob and forced to flee the capital.