**"History's Top Ten Infamous Scams"**
By Jude Obuseh Scams throughout history have shaped economies, misled investors, and captured public attention with their audacity. From fraudulent investment schemes to corporate deceits, these notorious scams have left enduring imprints on history. ### 1. Ponzi Scheme (1920s) Charles Ponzi's deceptive investment scheme promised high returns but operated on using new investors' money to pay earlier investors. This unsustainable model eventually collapsed, causing substantial financial losses. ### 2. South Sea Bubble (1720) The South Sea Company's speculative venture led to a stock market bubble as investors were misled into buying shares. The subsequent crash resulted in a significant financial disaster. ### 3. Enron Scandal (2001) Enron's corporate scandal involved accounting fraud and mismanagement, leading to the company's bankruptcy. This scandal shook the financial world and raised concerns about corporate governance and accountability. ### 4. B...