For Investors Only: Current-Day Scams to Watch Out For

Sir Gregor MacGregor 

Have you heard of Sir Gregor MacGregor, the early 19th century Scottish mercenary and shyster?

In this essay, my colleague Garrett Baldwin tells the story of how MacGregor came to Florida and pulled off one con after another, before returning to England as the self-dubbed Prince of Poyais, a fake country whose land he sold to hundreds of hapless investors. Baldwin also explains how, in earning the title of “the founding father of securities fraud,” MacGregor created scams that are still being played on investors today.

Click here.