Top 10 Greatest Frauds in History
Top 10 Greatest Frauds in History

Top 10 Greatest Frauds in History

Peter Baxter - March 10, 2018

Top 10 Greatest Frauds in History
Donald Crowhurst who faked his round-the-world yacht race victory. Source: Collider

Donald Crowhurst

The top spot on this list goes to the man who faked victory in the Sunday Times Golden Globe Race, a non-stop, single-handed around the world yacht race. The Donald Crowhurst story is part adventure, part fraud and part tragedy.

The story begins in 1968 with the launch of the competition by the Sunday Times, with a prize of £5,000. The race attracted the cream of the international solo yachting world, but one late entry was a complete outsider. Donald Crowhurst, an English electronics engineer put his name in the hat at the last minute.

Crowhurst was seen as an enthusiastic amateur, a weekend sailor, but nothing more. He invented and patented various maritime navigation devices, and had a keen interest, but no real experience at all. He mortgaged his house and business to build his own boat, a forty-foot trimaran. It was an untested design that performed badly in trials, but as the date of the race neared, Crowhurst had no choice but to pull it into commission and hastily prepare and provision it for an around the world journey.

On the afternoon of October 31, 1968, Crowhurst set off from Teignmouth in the English West Country. Initially, things seemed to be going well. Crowhurst’s press agent in England received the news on December 10, after about six-weeks at sea, that his client was averaging an astonishing 243 miles a day, putting him well ahead of the pack. By then, quite a number of his competitors had retired from the race, and it was beginning to seem that this weekend sailor might just pull off the impossible. Christmas came, and Crowhurst reported a position off the coast of Cape Town. Then, in April, 1969, the triumphant announcement came through that Crowhurst had cleared Cape Horn, and was on the home straight, sailing northwards across the Atlantic.

Now it takes no genius to imagine what was taking place. Crowhurst’s trimaran was a dud, it was leaking like a sieve and could manage just a few knots with the wind behind it. It is hard to tell exactly when it began, but at some point in the mid-Atlantic, Crowhurst began sending out false positions, and as he lingered in the South Atlantic, the world cheered his incredible performance.

He reasoned that if he did not come first, his performance would not be too deeply investigated. Two competitors were ahead of him, but as misfortune would have it, one dropped out and another registered a slower time. Crowhurst would be the winner. He was sunk.

Only July 1, 1969, Crowhurst trimaran was found drifting off the Cayman Islands with no sign of its captain. Madness, desperation and isolation clearly drove him into the water. His body was never found, but his logs revealed the ruse. That is the story of Donald Crowhurst, the weekend sailor with a vast ambition.


Where did we find this stuff? Here are our sources:

“William Chaloner, Master Counterfeiter”. Ciaran Conliffe, Headstuff

“The King of Conmen”. The Economist, December 2012

“Affair of the Diamond Necklace”. Faust, The legend of Faust from the Renaissance Times

“The Story of the Diamond Necklace”. Henry Vizetelly, 1881. 3rd Ed. Revised. London

“The Smoothest Con Man That Ever Lived”. Gilbert King, Smithsonian. August 2012

“Victor Lustig: Biography. People Pill.

“The Man Who Sold The Brooklyn Bridge Twice a Week for 30 Years”. ‘Ramsay’, Blog Tyrant

“Study reveals culprit behind Piltdown Man, one of science’s most famous hoaxes”. Michael Price, Science Mag. August 2016

“Charles Ponzi Biography”. Biography, April 2015

“Charles Ponzi”. Time Magazine, Samantha Grossman. March 2012

“Oscar Hartzell and the Francis Drake Fortune Swindle”. Rupert Taylor, Owlcation. March 2017

“Who Discovered the North Pole?”. Bruce Henderson, Smithsonian. April 2009