hat makes an intelligent person believe an impossible story?
A nonexistent country sold to settlers. The Eiffel Tower offered to a scrap metal dealer. Forged masterpieces authenticated by celebrated experts. Financial empires built on imaginary profits. A cryptocurrency worth billions that had no real blockchain behind it.
The 50 Greatest Scams in History explores fifty extraordinary cases of fraud, deception, forgery, speculation, and corporate manipulation from around the world.
From Charles Ponzi and Bernard Madoff to Enron, Theranos, OneCoin, the South Sea Bubble, the forged Hitler diaries, and the phantom fortune of Ivar Kreuger, these stories reveal how some of history’s most audacious schemes were created, promoted, and finally exposed.
Yet this is not simply a collection of clever criminals and gullible victims.
Many of those deceived were bankers, investors, scientists, journalists, collectors, government officials, and experienced professionals. The greatest scams succeeded because they exploited something deeper than ignorance: ambition, prestige, fear of missing out, trust in authority, and the powerful desire to believe that an exceptional opportunity had finally arrived.
Inside this book, you will discover:
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