2. The Great Diamond Hoax
In 1872, two crafty prospectors tricked investors by salting a remote mine with fake diamonds and gems. Even a former U.S. Army general was lured in, dazzled by the supposed fortune. Today, a similar scam could go viral through fake videos or sensational social media posts, quickly convincing thousands to buy in before the truth surfaced. Learn more about this legendary con in Smithsonian Magazine.
