Cautionary Tales with Tim Harford cover image

The Fraudster's Guide to Magic Money

Cautionary Tales with Tim Harford

CHAPTER

Web of Deceit: The Bayou Capital Collapse

This chapter explores the tumultuous journey of a man caught in a financial fraud scheme, exposing how greed and paranoia led him to partner with con artists. It details the unraveling of the Bayou Capital Ponzi scheme, culminating in a dramatic faked suicide attempt as investors demand their returns.

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