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What are some of the biggest scams/cons in modern history?

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The biggest scam in History, is the War on Drugs. Plain and simply. 'The War on Drugs' has cost the America tax payers alone on average around $70 Billion dollars a year, for the last 35 years (give or take a billion or two). read more

The cons would bump into Japanese tourists, drop melons, and demand payment. The tourists would pay jacked-up prices without question. The modern version of this scam involves throwing worthless broken glass in a box and wrapping it up to look nice. read more

That said, if you have been stung for pricey pills, it might be consolation to know that some research has shown that, thanks to the placebo effect, some people do perceive branded painkillers as being more effective. 9. read more

One of the biggest swindlers in U.S. history, Charles Ponzi’s name is associated with the Ponzi “pyramid” scheme — you know, the one allegedly used by Wall Street’s Bernard Madoff to defraud unsuspecting investors out of $65 billion. read more

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