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9min chapter
The Fraudster's Guide to Magic Money
Cautionary Tales with Tim Harford
The Pitfalls of Financial Scams
This chapter explores the operation of the Ladies' Deposit Company and the mechanics of financial scams, highlighting the 'snowball effect' that leads to their inevitable collapse. Through the lens of stories like Sarah Howe's and Julia's, it reveals the emotional turmoil faced by perpetrators and the dangerous allure of pyramid schemes.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode