Great frauds in history
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Great frauds in history: Wang Fengyou’s ant-breeding scam
Profiles “Model entrepreneur” Wang Fengyou's ant-farming Ponzi scheme pulled in $1.2bn, with investors losing all.
By Dr Matthew Partridge Published
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Great frauds in history: Jeff Carpoff’s green Ponzi scheme
Profiles Jeff Carpoff's plan to make money from renting out solar-powered generators quickly turned into a Ponzi scheme.
By Dr Matthew Partridge Published
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Great frauds in history: Helmut Kiener, Germany’s mini-Madoff
Profiles The performance of Helmut Kiener’s fund of funds, which invested money from institutions and private investors into hedge funds, seemed too good to be true. It was.
By Dr Matthew Partridge Published
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Great frauds in history: Manfred Schmider, the Sheikh of Karlsruhe
Profiles Manfred Schmider massaged the sales figures at FlowTex, his utility technology company, and used investors’ money to buy villas around the world, a fleet of luxury cars, and even a helicopter.
By Dr Matthew Partridge Published
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Great frauds in history: how Elizabeth Bigley, AKA “Madame DeVere”, spirited away cash
Profiles Serial fraudster Elizabeth Bigley AKA, the “psychic” Madame Lydia DeVere, conned people into believing she was the long lost daughter of fabulously wealthy industrialist Andrew Carnegie.
By Dr Matthew Partridge Published
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Christopher Columbus Wilson: the spiv who cashed in on new-fangled radios
Profiles Christopher Columbus Wilson gave radios away to drum up business in his United Wireless Telegraph Company. The company went bankrupt and Wilson was convicted of fraud.
By Dr Matthew Partridge Published
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Great frauds in history: Philip Arnold’s big diamond hoax
Profiles Philip Arnold and his cousin John Slack lured investors into their mining company by claiming to have discovered large deposit of diamonds. There were no diamonds.
By Dr Matthew Partridge Published
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Great Frauds in History: Robert Schuyler’s illicit share issue
Profiles Robert Schuyler was known as “America’s first railroad king” issued millions of dollars' worth of fraudulent shares in his company, and kept the money, fleeing to France when his scam was exposed.
By Dr Matthew Partridge Published
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Great Frauds in History: Michael Meehan’s market manipulation
Profiles Stockbroker Michael Meehan manipulated the markets, driving stock prices up and making a mint.
By Dr Matthew Partridge Published
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