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Long before Charles Ponzi's name was permanently attached to the word "scheme" and a hundred years before Bernie Madoff mastered the investment con, Kentuckian Philip Arnold put together a plan which, like none before, would bilk rich (and greedy) investors with a "sting" entirely befitting America's stillwild West. Not content with simply swindling some of the country's brightest luminaries, politicians and highprofile celebrities of the day, Arnold did so in grand style, making himself and his story the subject of nationwide headlines. American El Dorado is the true story of how Philip…mehr

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Long before Charles Ponzi's name was permanently attached to the word "scheme" and a hundred years before Bernie Madoff mastered the investment con, Kentuckian Philip Arnold put together a plan which, like none before, would bilk rich (and greedy) investors with a "sting" entirely befitting America's stillwild West. Not content with simply swindling some of the country's brightest luminaries, politicians and highprofile celebrities of the day, Arnold did so in grand style, making himself and his story the subject of nationwide headlines. American El Dorado is the true story of how Philip Arnold and John Slack, cousins from Kentucky, convinced some of America's most notable citizens to invest in their discovery of an untouched field of precious stones in an unspecified Western location. So convincing was the scheme that even America's most famous jeweler, Charles Lewis Tiffany, was taken in. The con game made the pair rich - until the fraud was eventually revealed.
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