History's Greatest Conman!
Episode 30 min 35s

History's Greatest Conman!

From Patrick Boyle On Finance Patrick Boyle
Send us a textGregor MacGregor was a Scottish soldier, adventurer, and con man who invented a Central American country called “Poyais,” in 1820 which he claimed to rule as the “Cazique.” MacGregor attempted to draw British and French investors and settlers to his fictional country. Hundreds invested in Poyaisian government bonds and land certificates, while about 250 emigrated to MacGregor’s invented country. MacGregor’s Poyais scheme has been called one of the most brazen confidence tricks i...

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