Allen Stanford

The case of Bernard Madoff was a real bombshell for the media. The biggest financial scandal in recent years. Person, who was fully trusted, in fact, turned out to be an ordinary fraudster. Truth, the word "ordinary" is not quite right here. Though, Madoff's scams amount to about 65 billion dollars. However, Madoff is not alone. There are many examples of financial fraud in history. How large, talked about all over the world, and very small, which have not even outgrown the local level. Today we will talk about the largest financial fraud in history.. Charles Ponzi God, when it became known to the public: about 1920 Approximate losses: 20 million dollars (adjust for time, then it was a lot)