The Great Stock Exchange Fraud of 1814 was perpetrated by several men who conspired to artificially boost the prices of British government securities by spreading false information about the Napoleonic Wars. They began a rumor that Napoleon I of France had been killed, sending stocks soaring. Before the government was able to refute the news—a move that would cause prices to plummet—a sale of more than £1.1 million of two government-based stocks was processed. Were the conspirators ever caught? Discussfrom Article of the Day http://ift.tt/2x4GsmG
via IFTTT
