Wednesday, July 23, 2014

A con man sold the Eiffel Tower (almost twice)

"Count" Victor Lustig was famous for being one of the smoothest con men in history, but his most impressive stunt was when he convinced six scrap metal dealers to bid on the Eiffel Tower.
The story goes that Lustig got the idea when he read an article about how the Eiffel Tower was rusting, and the high cost of its maintenance and repairs. Since the tower was only supposed to stand for 20 years, some Parisians were saying it should be taken down entirely.
Not one to miss an opportunity, Lustig devised a plan to convince the city's biggest scrap-metal dealers that he was a government director charged with the discreet task of selling off the Eiffel Tower's scrap metal. He rented limousines and gave tours of the landmark, and insinuated not only that this was very hush-hush government business, but that he could be bribed into accepting the winning bid.
One dealer was convinced, and paid Lustig $20,000 in cash plus an additional $50,000 to make sure his was the winning bid. Once he had the money, Lustig raced off to Austria to lay low while the story broke - but it never did since the dealer was too embarrassed to report Lustig's scam.
Lustig later returned to Paris and gave it another try, but was worried one of the scrap dealers had notified the police. He fled to the U.S. where he was ultimately caught. Read more about Lustig's life here.

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