Gregor MacGregor Invented a Country and Convinced People to Invest in It

When His Serene Highness Gregor the First, Sovereign Prince of the State of Poyais and its Dependencies, and Cacique of the Poyer nation visited London, he made a huge impression. Hundreds of people jumped at the chance to buy land in his remote, Central American paradise. There was only one problem -- the Cacique, whose real name was Gregor Macgregor, made the entire nation up out of thin air in one of history's largest, most audacious (and most ridiculous) scams.

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