2. Living the Gilded Age High Life
At some point, even the US government fell for the con, and considered paying James Reavis millions of dollars to settle his claim. All in all, Reavis collected about $5,300,000 in cash and promissory notes – the equivalent of about $170 million today. With that kind of loot, Reavis and his wife Sophia were able to live it up in style. In addition to various ranches, they maintained nice homes in Arizona, New York City, Washington, DC, San Francisco, St. Louis, Madrid, and Chihuahua City. They traveled throughout Europe and mingled with the Spanish aristocracy – despite the fact that many Spaniards saw through his scam and figured him and his wife for frauds.
Nonetheless, people in Spain got a huge kick out of the brazenness of it all, and how he was tweaking the yanquis’ noses. So the Spaniards went ahead and feted the “Baron and Baroness of Arizona”. Things were going great for Reavis, but all good things come to an end. Even as Reavis lived the high life and enjoyed the Gilded Age version of a rich jet setter existence, the wheels of justice were grinding – slowly but steadily – to expose his fraud and bring about his ruin. For years, an official named Royal Johnson had investigated Reavis’ claim, and in 1889, he released a devastating report that labeled it a fake.