The con artists, fraudsters, and deceivers who fooled the world.
The largest Ponzi scheme in history ran inside a legitimate brokerage for 17 years. Bernie Madoff fooled every major bank and passed multiple SEC inspections.
Celsius promised up to 18% APY on crypto deposits. When the market fell, it froze $4.7 billion in customer funds and filed for bankruptcy. Here’s the full inside story.
WorldCom’s CFO reclassified $3.8 billion in operating expenses as capital expenditures to inflate profits. Here’s exactly how the accounting fraud was constructed and exposed.
Nikola’s promotional video showed a hydrogen truck moving under its own power. It wasn’t. Here’s how Trevor Milton raised $3 billion on fundamentally faked technology.
VW installed defeat device software in 11 million cars that passed emissions tests in labs but polluted 40x the legal limit on roads. Here’s the full Dieselgate story.
Luckin paid employees to stage fake purchases, inflating revenue by $310 million. Here’s how short-sellers uncovered the fraud — and why Luckin Coffee still exists today.
FTX was the world’s second-largest crypto exchange. Here’s how Sam Bankman-Fried secretly transferred $8 billion in customer funds to his trading firm — and what happened next.
Enron created over 3,000 special purpose entities to hide debt off its balance sheet. Here’s how the company America called an innovation machine was really a massive fraud.
Theranos claimed to run 200 blood tests from a single fingerprick. The technology never worked. Here’s exactly how Elizabeth Holmes raised $900 million on a complete lie.
Wirecard claimed to hold €1.9 billion in escrow accounts in the Philippines. The money didn’t exist. Here’s how Germany’s fintech darling became Europe’s biggest accounting fraud.