Title: History of scamming in summary Post by: Dillonhebist on April 10, 2022, 01:11:10 PM In the world today most people delicate themselves by writing threads that talks about scammers in different ways either by been scammed, the Technics or strategies of scammers, ways to dictate scamming platforms, how to avoid scammers and many more, which there effort is really appreciate because it been helpful in one way or the other. But today will love to share the history of scamming which I believe only few people knows about the history.
History__ no one knows the actual year, month or day when scam came into existence but most scam was related back to late 18th or 19th centuries because of similar letter entitled " The letter from Jerusalem". The modern day transnational scam can be traced back to Germany in 1922, There are many variants of the template letter. One of these, sent via postal mail and became popular during the 1980s. The number "419" refers to the section of the Nigerian Criminal Code dealing with fraud and the charges and penalties for such offenders. Financial fraud dates back to the year 300 B.C. when a Greek merchant named Hegestratos took out a large insurance policy known as bottomry. The merchant borrowed money and agreed to pay it back with interest when the cargo—in this case, corn—was delivered. Who created scamming( 419)__ Michael Berry, goes by the alias Shiver Metimbers. Who is the first scammer in the world__ Emmanuel Nwude Odinigwe popularly known as Owelle of Abunuga. Criminal status__Released in fraud case, but currently in custody on murder charges Criminal penalty__25 years for fraud case Partner(s)__Emmanuel Ofolue, Nzeribe Okoli, Obum Osakwe, Christian Ikechukwu Anajemba and Amaka Anajemba. List of fraudsters __Alfredo Sáenz Abad, retired in 2013 as CEO and vice-chairman of the Spanish bank. __Frank Abagnale Jr, American imposter. __John Bodkin Adams, British doctor __Eddie Antar, founder of Crazy Eddie. __Ruben Oskar Auervaara, a notorious Finnish __Mehmet Aydın, Turkish entrepreneur __Jordan Belfort __Horatio Bottomley, newspaper owner __Melissa Caddick __Cassie Chadwick, pretended to be Andrew Carnegie's __Charlene Corley __Edward Davenport, self-styled as a "Lord"; __Tino De Angelis __Marc Dreier, managing founder of law firm __Enric Durán, from 2006 to 2008 __Bernard Ebbers, founder of WorldCom __Ramón Báez Figueroa, banker from the Dominican Republic and former President of Banco Intercontinental (BANINTER), __Martin Frankel, American former financier __Vladislav Horohorin, indicted in 2009 for fraud __Elizabeth Holmes, convicted of 4 counts felony fraud in January 2022 __Shimon Hayut, international ponzi schemer. __Samuel Israel III, former hedge fund manager. __Dennis Kozlowski, former CEO of Tyco International. __Sante Kimes and her son committed numerous frauds. __Konrad Kujau, German fraudster and forger responsible for the "Hitler Diaries" __Rudy Kurniawan, Indonesian wine fraudster in America. __Kenneth Lay, American businessman who built energy company Enron; __Nick Leeson, English trader. __James Paul Lewis, Jr., ran one of the biggest ($311 million) . __Gregor MacGregor, Scottish con man. __Bernard Madoff, creator of a $65 billion Ponzi scheme. __Matt the Knife, American con artist, card cheat and pickpocket; __Billy McFarland organizer of the notorious Fyre Festival. __Gaston Means, professional con man during U.S. President Warren G. Harding's administration. __Harshad Mehta, did a fraud without bank receipt of ₹5 billion from State Bank of India __Barry Minkow, founder of ZZZZ Best __Michael Monus, founder of Phar-Mor __F. Bam Morrison, conned the town of Wetumka, Oklahoma by promoting a circus that never came. __Lou Pearlman, former boy-band manager __Frederick Emerson Peters, American impersonator who wrote bad checks __Thomas Petters, American masquerading as a business man. __Charles Ponzi, Ponzi scheme __Gert Postel, German mailman __Alves Reis, ran the 1925 Portuguese Bank Note Crisis __John Rigas, cable television entrepreneur, co-founder of Adelphia Communications Corporation __Christopher Rocancourt, a Rockefeller impersonator __Scott W. Rothstein, disbarred lawyer from Ft. __Michael Sabo, best known as a check, stocks and bonds forger. __Emil Savundra, Sri Lankan insurance swindler __Jeffrey Skilling is an American former CEO of Enron Corporation __John Spano, struggling businessman who faked massive success in an attempt to buy out the New York Islanders of the NHL in 1996 __Allen Stanford, self-styled banker __John Stonehouse, the last Postmaster General of the UK and MP __Kevin Trudeau, American writer and billiards promoter __Samuel D. Waksal is the founder and former CEO of the biopharmaceutical company __Ferdinand Ward, financial swindler in the late 1800s __Dina Wein Reis pled guilty to conspiracy to commit wire fraud in May 2011 __Richard Whitney, stole from the New York Stock Exchange Gratuity Fund in the 1930s __Whitaker Wright, company promoter, convicted of fraud. List of top 20 famous scammers __William Chaloner __Gregor MacGregor __Jeanne de Valois-Saint-Remy __C.L. Blood __Cassie Chadwick __William McCloundy __William Jones __Victor Lustig __George C. Parker __Charles Ponzi __William Thompson __Ferdinand Waldo Demara __David Hampton __Jerry Tarbot __Natwarlal __Reed Slatkin __Frank Abagnale __Ali Dia __Calisto Tanzi __Bernie Madoff is probably one of the best-known con artists in American. Sources:- https://en.m.wikipedia.org/wiki/Advance-fee_scam#:~:text=The%20modern%20day%20transnational%20scam,became%20popular%20during%20the%201980s. https://www.investopedia.com/articles/financial-theory/09/history-of-fraud.asp https://en.m.wikipedia.org/wiki/419eater.com https://en.m.wikipedia.org/wiki/Emmanuel_Nwude https://en.m.wikipedia.org/wiki/List_of_fraudsters https://moneyinc.com/the-20-most-notorious-con-artists-of-all-time/ |