The Biggest Scams in U.S. History

These scams had significant repercussions, affecting thousands of individuals and shaping regulations in their respective industries.

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#5. The College Admissions Scandal (Operation Varsity Blues)

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#4. Theranos

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#3. The Great Salad Oil Swindle (1963)

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#2. Bernie Madoff Ponzi Scheme

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#1. Enron Scandal

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In a world where trust and ambition often collide, the stories of the biggest scams in U.S. history serve as stark reminders of the potential for deception.

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The Biggest Scams in U.S. History

These scams had significant repercussions, affecting thousands of individuals and shaping regulations in their respective industries.

#5. The College Admissions Scandal (Operation Varsity Blues)

#4. Theranos

Founded by Elizabeth Holmes, Theranos claimed to have developed revolutionary blood-testing technology.

#3. The Great Salad Oil Swindle (1963)

This scam involved Allied Crude Vegetable Oil, where the company falsely inflated its inventory of salad oil.

#2. Bernie Madoff Ponzi Scheme

defrauding investors out of approximately $65 billion. arrest in 2008 exposed.

#1. Enron Scandal

Once a highly respected energy company, Enron engaged in widespread accounting fraud and corruption.

In a world where trust and ambition often collide, the stories of the biggest scams in U.S. history serve as stark reminders of the potential for deception.