Empire of deception
Subtitle: the incredible story of a master swindler who seduced a city and captivated the nation
By: by Dean Jobb
Series: Thorndike Press large print crime scene; Thorndike Press large print crime scene
Published: 2015
Language: eng
Number of pages: 581
ISBN-13: 9781410482259
Subjects: Lawyers; Ponzi schemes; Capitalists and financiers; Swindlers and swindling; Commercial crimes; Economic conditions; Fugitives from justice; Social conditions; Large type books; Biography; History
Description: It was a time of unregulated madness. And nowhere was it madder than in Chicago at the dawn of the Roaring Twenties. As Model Ts rumbled down Michigan Avenue, gang war shootings announced Al Capone's rise to underworld domination. Bedecked partygoers thronged to the Drake Hotel's opulent banquet rooms, corrupt politicians held court in thriving speakeasies, and the frenzy of stock market gambling was rampant. Enter a slick, smooth-talking, charismatic lawyer named Leo Koretz, who enticed hundreds of people (who should have known better) 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, who only a few years earlier had been arrested for a pyramid scheme. Leo had a good run -- his was perhaps the longest fraud in history -- and when his enterprise finally collapsed in 1923, he vanished. The Cook County state's attorney, a man whose lust for power equaled Leo's own lust for money, began an international manhunt that lasted almost a year. When finally apprehended, Leo was living a life of luxury in Nova Scotia under the assumed identity of a book dealer and literary critic. A salacious court hearing followed, and his mysterious death in a Chicago prison rivaled the rest of his almost-too-bizarre-to-believe life. A 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 has it all. Not only an account of a man and an era; it's a look at the methods of swindlers throughout history. Leo Koretz was the Bernie Madoff of his day, and Dean Jobb shows us that the American dream of easy wealth is timeless.
Notes: Includes bibliographical references (pages 463-578).
Table of contents: title: The players; title: Act 1; title: Our Ponzi; title: Ambitions; title: The law; title: The gamble; title: The dupe; title: The big idea; title: The syndicate; title: The hanging judge; title: The sting; title: The confidence man; title: The crime fighter; title: The bubble; title: The flight; title: The smash; title: Act 2; title: The sensation; title: The double life; title: The victims; title: The manhunt; title: The alias; title: The guide; title: The hideaway; title: The prince of entertainers; title: The crime of the century; title: The pariah; title: The womanizer; title: Act 3; title: The trap; title: The gang war; title: The prisoner; title: The return; title: The confession; title: The reckoning; title: The final swindle; title: Epilogue.