In 1920, Charles Ponzi started the Ponzi scheme which promised a 50% return on investments after 90 days. After a few successful months, his luck ran out as new investments dried and Ponzi came under the radar of investigators.
Victor Lustig conned two buyers and sold a national monument.
The two biggest corporate bankruptcies in the United States came about due to Accounting Fraud.
The 1MDB moeny laundering happened at the highest levels of government, in Malaysia.
