The 5 Ballsiest Con Artists of All Time
Let's give the devils their due. Yeah, they've screwed over thousands of innocent people. But some of them had balls the size of hot air balloons and for that, we must salute them.
Charles 'The Ponz' Ponzi is, quite simply, one of the greatest swindlers in American history. The originator and copyright holder of the piece de resistance of his career, the "Ponzi Scheme," Ponzi also boasted old-timey movie star looks and a smirk that could charm the pants off of the Pope.
Much like Vito Corleone, Ponzi came to America as an impoverished Italian immigrant. Also like Vito Corleone, Ponzi decided early in the game that his many talents should not be squandered working in a opium pipe-making factory, or wherever they sent the Italians to work back then. Keep in mind that the man had already served time in Canada, hiding it from his family by telling them he had gotten a job there. Once he was out and in the states, he created his own little plan for living the good life.
The deal was, back then you could get these coupons that could be redeemed for stamps in other countries. Ponzi noticed that back in Italy these coupons cost way less than the stamps in America. So, he figured it was still 1918 and there were a lot of retarded people around, and that he could buy like a billion of those coupons in Italy and then redeem them for the stamps here. He made 400 percent profit on each transaction, and didn't produce a damned thing.
Ponzi thought, well, shit, why isn't everybody doing this? So this smooth operator convinced thousands of people to invest in his totally legit business, the Securities Exchange Company, and by 1920 was making $250,000 a day.
Audacity Factor:
Remember those coupons Ponzi was supposed to be buying with all this investor money? Yeah, he wasn't. There wasn't even a thousandth as many of the coupons in existence as the investors had given him the money to buy. He was basically just taking the investor's money, piling it up and swimming around in it like Scrooge McDuck. It was estimated that millions of dollars had passed through his hands and he had nothing to show for them but his awesome mustache.
Still, when an angry crowd of investors gathered outside his office, he walked right out there, smiled, gave them some money and offered coffee. That's the kind of guy he was.
He was eventually sentenced to prison, at which point he jumped bail, moved to Florida and went right back to scamming. When the cops came for him, he changed his appearance, stowed away on a boat and tried to leave the country. Finally, he got caught and went to jail.
The thing is, before that whole mess, Ponzi had come up with another idea. Back in 1918 he had tried to publish this book of business listings, where the businesses would pay to get listed and then people would use the listing to decide where to shop. Everyone told him the idea was retarded and he dropped it, plunging into a life of fraud instead. Later, somebody else would get rich on a thing called "The Yellow Pages."
For you poor unfortunates uneducated in the ways of evangelical fundamentalism, Benny Hinn may be off your radar. Which is too bad. Because Benny Hinn is king of the Muppet-Showesque monstrosities known as faith healers. He's so good, that he makes you forget about their supposed real king, What's His Name of Nazareth. "So what?," you may ask. "So he's a faith-healing evangelical--I've got dozens of those under my bed. What's the big deal?"
Mr. Hinn has built his ministry on a few tenets. One is his gift of prophecy. Here are just a few of his better known predictions:
God will kill all the homosexuals by fire;
Castro will die in the 1990s;
An earthquake would destroy the American east coast, also in the 1990s;
JESUS CHRIST HIMSELF was going to make a personal appearance at Hinn's African crusade.
Needless to say, Jesus had a great deal going on that day and couldn't make it. Followers have still donated millions to Hinn, who lives in a $10 million house and drives a Mercedes SUV. Apparently there's, like, some kind of law against asking people to donate money to God and then buying bling with it instead, because the Senate Committee on Finance launched an investigation late last year. If they have hearings it'll be interesting to see if Jesus makes an appearance.
It takes a special kind of guy to make this list. False prophesies and wicked combovers just aren't going to cut it. But Hinn is no ordinary minion of Satan. Observe:
As you can see, Hinn performs his miracles by slapping old people to the ground, and then apparently doing a Jedi force-push against those who come to their aid. Fat people, tiny deaf orphan children, epileptic mulleted types, anyone is fair game for the wrath of Hinn, who then swaggers around those passed out fools like Ali demanding a rematch.
Audacity Factor:In 2006 this pimp sent out this letter to his followers:
... we have recently taken delivery on our Gulfstream G4SP plane, which we call Dove One. I have enclosed a beautiful photo-filled brochure to explain more about this incredible ministry tool that will increase the scope of our abilities to preach the Gospel around the globe. Now we must pay the remainder of the down payment, and I am asking the Lord Jesus to speak to 6,000 of my precious partners to sow a seed of $1,000 in the next ninety days. And I am praying, even as I write this letter, that you will be one of them!
Walking may have been good enough for Jesus Christ, but it's not good enough for Benny Hinn. Somebody, please, buy this man a Dove One. Better yet, go ahead and purchase him a yacht, a subway line, the Orient Express, some rickshaws and a few of those elephants domesticated for human transportation. ANYTHING to get his egregious face-slapping ministry to the people.
Hell, maybe he's not a con man after all. Watch that video, the man's worth every penny.
Don't let the sexy name fool you. Kate, Margaret and Leah Fox were leading proponents of the Spiritualist Movement of the 19th Century, their primary qualification for that job being that they were completely full of shit.
The younger two, Kate and Margaret, were only 10 and 12 when they convinced their idiot parents they could talk with a household ghost through a system of knocks and raps. The girls would snap their fingers and the ghosts would respond, much to the amazement of all the dumbasses who populated the world in the 19th century.
By the time big sister Leah got in the act, the three tricky Foxs had earned an international reputation as ghost-talkers and were making epic amounts of bucks with their other-worldly seances. Unfortunately, the sisters also gained a thirst for the hooch in their old age and were eventually exposed as fraudulent drunks who were using their toes to simulate the sounds from the great beyond, a trick that, in retrospect, doesn't seem it should have fooled the family dog.
Audacity Factor:
Knuckle cracking? Really? Anyone who makes their living by popping appendages and is not a prostitute, side-show freak or chiropractor, deserves some mad props. And they didn't just say, "Hey y'all? You hear that? I bet the house is settling or something." No. These girls went through the trouble of creating a systematic knuckle cracking language to communicate with their pretend spirits ... and kept it up for almost 40 freaking years. A scientist (William Crookes) studied the sisters and declared them to be the real deal.
Well, we at Cracked have studied the people in the 19th century and declared them all to be mildly retarded.
One of the sisters eventually came clean when a reporter offered them $1,500 in beer money to spill the secret. The money was quickly pissed away and all three of the sisters died in poverty and were buried in pauper's graves. Even Charles Dickens couldn't have imagined a better ending for the Fox Sisters.
Gregor MacGregor made his fortune and reputation in the early 1800s when he convinced hundreds of investors that he was the prince of the fictional country of Poyois. Not only did Gregor MacGregor gain the trust and hard-earned pounds of his eager would-be colonists, he also created a guidebook detailing the geography and abundant natural resources of his island off the coast of Honduras.
By the time his 250 investors had sailed to the vacant patch of water where their island should have been, MacGregor was already rounding up his next group of colonists, this time from France. Undeterred by the eventual deaths of 200 of his first settlers, MacGregor went through the trouble of drafting a Poyois constitution naming himself as head of the republic. Even after his trial and conviction for fraud, this magnificent man continued selling non-existent land and stock to European nobility.
Audacity Factor:
The real downfall of Jim Jones and Koresh and those Heaven's Gate fools was that they believed what they were peddling. Not Prince Gregor MacRadical. After the few survivors made it back from their boat trip to nowhere, most still couldn't believe MacGregor had lied to them, standing up for him in the papers and basically blaming the island for not being there. They simply could not comprehend that any one man could have balls that huge. They were wrong.
By the age today's emo kids are tripping over their first curbs on account of the hair in their eyes and the loss of circulation from their too-tight pants, Mr. Abagnale had collected over $40,000 from various banks across New York City. By the time some of you were hoping to unlatch your first bra, and for most of you, much much sooner, the man had faked his way as a university professor, lawyer, pilot and doctor. Pretty much all the occupations Cracked writers and readers are barred from entering.
By the time you and I were sleeping through our summers at home from college, whining about how boring our hometowns were and "Why can't you stay off my case, I'M ON VACATION," Frank Abagnale had already been caught by French police, served jail time in France and Sweden, was extradited to the United States, escaped from a moving damned airplane and nearly orchestrated a perfect getaway.
That's the sort of thing that inspires Hollywood to make movies about you, starring Leo DiCaprio and Tom Hanks.
Audacity Factor:
Once Abagnale was imprisoned, he convinced his guards that he was actually an undercover prison inspector and that he needed the privilege of having an unsupervised meeting with his FBI agent contact. Yeah, they bought it.
After finally serving five years in prison, Abagnale was released if he cooperated with the government in detecting fraud. Not one to miss a golden opportunity, he turned his specialized knowledge into a legitimate money-making machine, opening a wildly successful fraud consultation business.
This one has a happy ending, as once his businesses took off, he used his honestly-earned millions to repay those he defrauded over the years. Of course, there's always the chance that this whole phase of his life is also a scam somehow, one so convoluted that the world won't figure it out until Abagnale is leaving orbit in a spaceship full of all of the world's gold.
If you enjoy reading about history's bad boys, our run down of the The Biggest Badass Popes is probably right up your alley. Or, head over to the blog for the most surreal commercial for Japanese snack chips you're likely to see all day.








When the zombie apocalypse approaches, I hope Benny Hinn's on the front lines taking them out with THE POWER OF JE-A-ZUS, AMEN.
ReplyAbagnale's birth actually changed the pattern of the tides on the east coast because of the gravitational pull asserted by his huge balls .
ReplyI've seen the video of Benny Hinn FUS RO DAH-ing an entire audience, but I never knew who it was or that he was a conman until this article.
ReplyVictor Lustig is apparently highly overlooked, Being one of the greatest con-artists of all time. I mean he came up with the 10 commandments! All in all though the article is awesome, and opinions differ widely
Reply#4 - Am I the only one who has seen "Benny Hinn" in the TV Guide, and went to that station, then being disappointed that it wasn't a misprint and it was not Benny Hill?
ReplyThe best thing about this article: it's all on one page! It's good too.
Replywhat about the guy who sold the eiffel tower as scrap metal... twice.
ReplyThe same guy also sold the Brooklyn Bridge. Also twice. Really.
It was the same scam, just in a different place. And he pulled both of them off twice. That's the origin of the old line about "If you believe that, I have this great bridge I can sell you..."
I've never heard that saying before in my life.
Benny Hinn's got nothing on Oral Roberts, who, despite his name, set the bar for TV conman-evangelism. He once ran a tearful TV campaign where if his flock didn't provide the ministry with enough millions of dollars by a certain date, Jesus would call him up to Heaven. s**t yeah it worked! Then he built an empty skyscraper in Tulsa (woot!), and even started his own private university back before it was cool. In true Christian fashion he named it after himself.
Reply"The Oral University"?
i really feel bad for my mom after the benny hinn part, she hasn't donated, but she believes all that bullshit he does is for real .
ReplyWatch Chronicle then watch the Benny Hinn video
ReplyLET THE BODIES HIT THE FLOOR!!!
ReplyThere is one person missing from this list. A man who started a scam so large and so brazen that it has continued to suck people into it for nearly 60 years. To this day it makes ludicrous amounts of money off of people stupid enough to pay for it and listen to it's bullshit stories that laugh in the faces of science and reason. That man was L. Ron Hubbard, and his scam was and still is Scientology.
Reply Hide All See All 3 Repliesand knowing that cult's past I will probably get sued for making this comment.
Our alien overlord will soon feast on your soul.
pfft
there was already a religous scam post
multiples would be redundant.
I love Frank's story. Just plain awesome. Never heard of him until Catch Me If You Can came out, but then I realized that most of it wasn't bullshit. Just wow.
Replythat hinn video is effing priceless. let the bodies hit the floor- how fitting on so many fucked up levels... thank you, kristi, for making my work morning a little more bearable...
ReplyWhere is Victor Lustig, who sold the Eiffel Tower TWICE, as well as conning Al Capone while simultaneously earning his trust and keeping it and setting up a fantastic counterfeiting ring? I would say he is one of the best con-men in history, certainly one of the top five. Severely disappointed he isn't on the list; what the hell, Cracked.
ReplyShould have added the Jim and Tammy Fae Baker along with "The Farting Preacher", Robert Tilton. And those Scientology freaks.
Reply Hide All See All 3 Repliesactually he shouldn't have. jim and tammy fae (faye?) never conned anyone. pat robertson, on the other hand, conned both of them. (i may be getting my charlatans confused, but i'm 99.999% sure robertson was the one who conned the bakkers, in order to usurp control over their televangelist empire, which made the mistake of being gay-friendly and spending the money on, you know, actual parishioners, as opposed to private planes and gold plated toilets.)
scientology is a huge scam but since the retards preaching it actually believe it, i don't think it qualifies. i think it's only a scam if you KNOW you're full of shit.
since cracked won't let me edit: she, not he; and it was robertson and jerry falwell, not just robertson, that conned them.
Actually, the Bakers asked Falwell to take over the operation of their ministry while they tried to get their affairs back in order. Falwell was on board until he opened the books and realized how bad things really were (not just financially) at which point he washed his hands of it and got as far away from that scandal as he could. It was then that the Baker's tried to cover their own backsides by accusing Falwell of trying to usurp control of their empire. It was a lie, of course, but so was pretty much everything else they said during that period of time.
That Kate Fox (chick in the middle) looks kind of hot in that photo. A drunken con artist ? Sounds like my kind of women, or most the women you find in bars.
Replya hot 12 year-old? I think you may need to go register somewhere...
I think she was a lot older in that picture.
Abagnale is a freakin' genius. Read "The Art of the Steal" if you get the chance, it's one of those rare books that's both educational AND badass. I use it all the time in my work (finance fraud is one of my specialties); the chapter on counterfeiting alone makes the whole thing worth reading. Plus, as much as I love the guy's work, I really hated "Catch Me If You Can" (the book) because man, that snotty little kid could not get OVER how much smarter he was than everyone else. His less-autobiographical stuff is way more fun to read, in my opinion.
ReplyThere's something called ""justification of effort" that explains why people who fall for cons end up believing them even more strongly. Simply put, you would rather rationalize that this must be somehow true, no matter how moronic and unlikely it may be, than admit that you made a very costly mistake.
ReplySo, you gave all your possessions to a cult and joined them in their compound, but the aliens never descended in their mothership in the year 2000. Either you can leave, face your humiliation, and try to put together your destroyed life, or you can grasp at the straws that the cult leader gives you so that you can believe you didn't just lose all that time/money/effort chasing after a moronic lie.
There was a very simple experiment that effectively demonstrates the concept. They took two groups of college students and assigned to them both very mindless, time-consuming, menial jobs. Then one group was given $20 and the other group $1. Which group would say they enjoyed the experience more?
Counter-intuitively, the group that got the $1 for doing the same job are much more likely to say that it was worth it. They'll say that they really learned something from the work, that it was time well-spent, that the money doesn't matter, etc., etc. The $20 group generally responds that it was boring and stupid, but they got some decent money out of it.
That's justification of effort, and we all do it. Know why frats and sororities can torture and humiliate people who later become their most loyal members? Or why the military puts their recruits through hell in boot camp? Or why you continue to stick by a bad investment rather than just cut your losses? Or why people stay in stale, declining, or even abusive relationships? Or why people stay in unrewarding, thankless, dead-end jobs for years? It's because people need to tell themselves that the time/money/effort wasn't wasted, that they made a good choice, and that this is going somewhere. And the longer this situation continues, the more invested they become.
What about the guy that sells real estate in f*****g space? He's a millionaire.
Reply