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RE: LeoThread 2024-11-23 13:58

in LeoFinance11 hours ago

Part 4/8:

Capitalizing on the early 1820s investment craze, McGregor wove a web of lies around Poyais. He created maps, flags, and even a pseudonymous book detailing the country's resources and potential for prosperity—all of which were cleverly fabricated. The average citizen in Britain had little access to information that could challenge McGregor’s claims.

With tantalizing prospects of rich investment opportunities, McGregor encouraged eager settlers to invest in his nonexistent country. He painted Poyais as a land of fertile crops, gold, and vibrant infrastructure, reeling in unsuspecting investors who were hungry for profit.

The Tragic Outcome