SOURCE: The Nation
From Sam Bankman-Fried to Dr. Oz, are the latest wave of American scam artists going to get what's coming to them? Stephen Mihm puts the lastest round of hucksters into the longer history of American fraud, official indifference, and public credulousness.
SOURCE: Bloomberg Echoes
Amy Reading is the author of “The Mark Inside: A Perfect Swindle, a Cunning Revenge and a Small History of the Big Con,” recently published in paperback by Vintage.Billie Sol Estes, the Texan con man whose exploits rattled the administrations of Presidents John F. Kennedy and Lyndon B. Johnson, died in his sleep May 14. From a penniless background, Estes built up a $40 million West Texas empire of cotton, grain, real estate and fertilizers, and then lost it all when a series of newspaper articles in 1962 revealed that many of his dealings were fraudulent.