In the wake of the Great Recession of 2007-2008, millions of hardworking Americans lost their jobs and their homes, their retirements, and their income. However, the corporations that caused the Great Recession lost nothing and were, in fact, given trillions of dollars by the government in an unprecedented financial bailout. While over 16 trillion dollars went missing, not a single Wall Street executive was punished or even charged with a crime. This book chronicles some of the government and business frauds carried out throughout US history. These swindles were carried out by such “Founders” as Alexander Hamilton, George Washington, James Madison and Thomas Jefferson. Corruption was also at the core of the Andrew Jackson administration and played a key role in perpetrating the Panic of 1837, and government and business fraud was rampant in the construction of both the transcontinental railroad and the Panama Canal. Court rulings granting corporations the status of “legal personage” were part of a broader scam that extended greater constitutional and legal protections to corporations while denying Blacks and workers their own constitutional and legal rights. Government and business frauds of the 1920s played a prominent role in spawning the Great Depression of 1929, while funding and provisioning the US military has always been inundated with a wide variety of scams. In the early 1990s, government and business scams resulted in the collapse of the savings and loan industry, while the frauds of the early 21st century resulted in the Great Recession of 2007-2008. Today, all of the factors are in place to lead to yet another depression/recession which will be followed inevitably by a massive government bailout of banks and corporations.

A comprehensive history of fraud in America, from the early nineteenth century to the subprime mortgage crisis In America, fraud has always been a key feature of business, and the national worship of entrepreneurial freedom complicates the task of distinguishing salesmanship from deceit. In this sweeping narrative, Edward Balleisen traces the history of fraud in America—and the evolving efforts to combat it—from the age of P. T. Barnum through the eras of Charles Ponzi and Bernie Madoff. This unprecedented account describes the slow, piecemeal construction of modern institutions to protect consumers and investors—from the Gilded Age through the New Deal and the Great Society. It concludes with the more recent era of deregulation, which has brought with it a spate of costly frauds, including corporate accounting scandals and the mortgage-marketing debacle. By tracing how Americans have struggled to foster a vibrant economy without encouraging a corrosive level of cheating, Fraud reminds us that American capitalism rests on an uneasy foundation of social trust.

Captain Norstad stood up to a swindler, but now he might lose the riverboat they all love. “Sometimes there’s a cost for doing the right thing,” Captain Norstad stated. Will he and the other Freedom Seekers recover the stolen money before a double payment is due? When the Freedom Seekers learn that Micah Parker has escaped and is running for the Mississippi River, they leave the Christina and take up the search. They request the help of the Underground Railroad, but will they find Micah before the slave catchers? When God’s law and man’s law conflict, which will they choose to follow? From the golden age of steamboats, the rush of immigrants to new lands, and the dangers of the Underground Railroad come true-to-life stories of courage, integrity, and suspense in the Freedom Seekers series.

-- The main target for scams are those 50 years of age or older. -- This book will expose all the latest scams, frauds, and cons -- and can be updated yearly, if necessary, to expose all the latest schemes. Fraud -- credit card fraud, telemarketing scares, Internet scares, identity theft and hundreds of other items that are geared to separate you from your money -- is a multi-billion dollar business, both in the U.S. and worldwide. From a simple three-card monte game on a street corner to sophisticated banking and Wall Street swindles, cons, frauds and scams are destined to strike one in ten Americans this year. Check kiting, ATM scares, bankruptcy fraud, real estate scams, Nigerian money offers, and even slave reparation scams -- there are hundreds, maybe thousands, of ways to get suckered by telemarketers or just plain fast-talking swindlers. Scary stuff, right? This book identifies the myriad of scams, cons, and frauds perpetrated every minute of every day in this country, and gives cutting-edge, up-to-date advice on how you can protect yourself from unscrupulous cons of every conceivable stripe. There will also be an entertaining section on con artists through history, from the infamous grifters of the Great Depression to the masterminds of the recent Enron collapse -- perhaps one of the greatest scams in America's history.

"John Wompas was, by the account of his kin, no sachem, although he claimed that status to achieve his economic and political ends. His efforts, including visiting and securing the assistance of King Charles II, were instrumental in preserving his homeland when he went before the Crown and used the knowledge acquired in his English education to defend the land and rights of his fellow Nipmucs. Jenny Hale Pulsipher's biography offers a window onto seventeenth-century New England and the Atlantic world from the unusual perspective of an American Indian who, though he may not have been what he claimed, was certainly out of the ordinary. Drawing on documentary and anthropological sources as well as consultation with Native people, Pulsipher shows how Wompas turned the opportunities and hardships of economic, cultural, religious, and political forces in the emerging English empire to the benefit of himself and his kin."--

An “insightful” account of the early fossil fuel industry, the rise of the professional consultant, and the nexus between science and money (Technology and Culture). In this impressively researched, highly original work, Paul Lucier explains how science became an integral part of American technology and industry in the nineteenth century. Scientists and Swindlers introduces us to a new service of professionals: the consulting scientists. Lucier follows these entrepreneurial men of science on their wide-ranging commercial engagements from the shores of Nova Scotia to the coast of California and shows how their innovative work fueled the rapid growth of the American coal and oil industries and the rise of American geology and chemistry. Along the way, he explores the decisive battles over expertise and authority, the high-stakes court cases over patenting research, the intriguing and often humorous exploits of swindlers, and the profound ethical challenges of doing science for money. Starting with the small surveying businesses of the 1830s and reaching to the origins of applied science in the 1880s, Lucier recounts the complex and curious relations that evolved as geologists, chemists, capitalists, and politicians worked to establish scientific research as a legitimate, regularly compensated, and respected enterprise. This sweeping narrative enriches our understanding of how the rocks beneath our feet became invaluable resources for science, technology, and industry.

Everywhere the Yellow Kid looks he sees money—too bad it's yours.

“A rollicking tale that is one part The Sting, one part The Great Gatsby, and one part The Devil in the White City.” —Karen Abbott, author of Liar, Temptress, Soldier, Spy In a time of unregulated madness, nowhere was it madder than in Chicago at the dawn of the Roaring Twenties. It was the perfect place for a slick, smooth-talking, charismatic lawyer named Leo Koretz to entice hundreds of people to invest as much as $30 million--upwards of $400 million today--in phantom timberland and nonexistent oil wells in Panama. It was an ingenious deceit, one that out-Ponzied Charles Ponzi himself. In this rip-roaring tale of greed, financial corruption, dirty politics, over-the-top and under-the-radar deceit, illicit sex, and a brilliant and wildly charming con man on the town and then on the lam, Empire of Deception proves that the American dream of easy wealth is truly a timeless commodity. “Captivating . . . Dean Jobb tells the story of Leo Koretz, a legendary con artist of Madoffian audacity, with terrific energy and narrative brio.” —Gary Krist, author of Empire of Sin “A brilliantly researched tale of greed, ambition, and our desperate need to believe in magic, it’s history that captures America as it really was--and always will be. A great read.” —Douglas Perry, author of Eliot Ness “Reads like a Gatsby-Ponzi mashup . . . Kudos to Jobb for unearthing this overlooked story and bringing to life a charming, witty, naughty, iconic American crook.” —Neal Thompson, author of A Curious Man “The granddaddy of all con men, Leo Koretz gives Jobb the opportunity to exhibit his impressive research and storytelling skills . . . A highly readable, entertaining story.” —Kirkus Reviews