9 Ingenious Scams You'll Never Believe ...

Ingenious scams have been in the media a lot lately – did you hear about this week's shock scam? A gang led by actor Aoife Madden became the very first people to be convicted of defrauding the British Film Commission. The gang had created a bogus script, and bogus investors, in order to claim £3 million in tax relief from the Film Commission. But the Commission got suspicious when no film was released, leading to the gang duping celebrities into shooting a half-hearted attempt. Despite releasing the film, the Commission prosecuted the gang, and the full story came out. Here’s some of the other most popular ingenious scams…

1. Gregor MacGregor’s Poyais…

(Your reaction) Thank you!

Back in the 19th Century, Scotsman Gregor MacGregor announced to investors that he had been made prince of a Central American island called Poyais. He gave out detailed guides to the geography and resources of the island, and promoted it as a place most deserving of investment. His problem came when 250 colonists set off to live on his amazing new island – and discovered that it doesn’t exist. 200 of the colonists died, and MacGregor was revealed as a fraudster. Back in the 19th century, this was one of the most entrepreneurial ingenious scams!

Please rate this article
(click a star to vote)