The $1.5 Billion "Water" Scam 🌊💰
Автор: The Money Blueprint
Загружено: 2025-12-29
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The $1.5 Billion "Water" Scam 🌊💰
Did you know a salad oil scam almost destroyed American Express? In 1963, Tino De Angelis used a simple science trick—oil floats on water—to pull off a $150 million heist (over $1.5 billion today). 🏦💸
In this video, we uncover how Tino fooled bank inspectors by filling massive tanks with seawater and just a thin layer of oil on top. This "Salad Oil Swindle" caused Amex shares to plummet 50% and changed Wall Street forever. It’s a classic lesson in due diligence: always check what’s actually beneath the surface.
Inside this story:
How Tino De Angelis fooled the experts.
The "oil on water" trick explained.
The 50% crash of American Express.
Why banks lost $1.5 billion in today's money.
Subscribe for more insane business stories and financial history! 🏛️✨
#AmericanExpress #SaladOilSwindle #FinancialScams #StockMarket #Amex #BusinessHistory #Money #Investing #TrueCrime #HistoryFacts #Shorts #WallStreet
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