FEATURED
Bernie Madoff's Ponzi Scheme
💰 $65 billion
📅 1991-2008
👤 Bernard Madoff
📊 Financial
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Bernard Madoff operated the largest Ponzi scheme in history from his Manhattan investment firm. For nearly two decades, he convinced thousands that he was generating consistent returns through sophist...
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FEATURED
Enron Scandal
💰 $74 billion losses
📅 1985-2001
👤 Kenneth Lay, Jeffrey Skilling
📊 Corporate
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Enron was once America's seventh-largest company. Behind the impressive facade, executives engaged in massive accounting fraud using special purpose entities and mark-to-market accounting to hide bill...
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FEATURED
Theranos Blood Testing Fraud
💰 $700+ million
📅 2003-2018
👤 Elizabeth Holmes
📊 Tech
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Elizabeth Holmes founded Theranos at 19, claiming revolutionary blood testing technology requiring only a finger prick. She became Silicon Valley's darling, attracting nearly $1 billion in funding fro...
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FEATURED
FTX - Sam Bankman-Fried
💰 $8+ billion
📅 2019-2022
👤 Sam Bankman-Fried
📊 Cryptocurrency
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Sam Bankman-Fried founded FTX cryptocurrency exchange in 2019. Within three years, FTX became the world's second-largest crypto exchange, valued at $32 billion. SBF became a billionaire celebrity.
Be...
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FEATURED
Victor Lustig - Sold Eiffel Tower
💰 Millions in modern value
📅 1925
👤 Victor Lustig
📊 Classic Con
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Victor Lustig's most famous scam occurred in 1925 Paris when he read about the Eiffel Tower's expensive maintenance. Posing as a government official, he invited scrap metal dealers to a confidential m...
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