The decade of the 1920s was characterized by the presence of one of the most notable landmarks in Paris. At that time, the Eiffel Tower was known all over the world and attracted many tourists visiting the capital of France. Nevertheless, in 1925, a certain man recognized its potential differently.
Victor Lustig, an experienced swindler born in what today is known as the Czech Republic, discovered a series of articles published in newspapers about high costs associated with the maintenance of the tower. Specifically, the authorities were concerned about whether they could afford the repairs.
Having identified such facts in the news, Lustig managed to invent a compelling storyline for his next fraud. Impersonating a French governmental official,
he sent out invitations to several scrap metal dealers residing in Paris. He informed them that the government decided to sell the Eiffel Tower secretly in exchange for private scrap metal.
Moreover, he provided the reason why there was a need for secrecy – public outrage. Victor Lustig scheduled a meeting at one of the city’s finest hotels, where he handed over forged documents and told them that the costs of maintaining the tower became unbearable for the authorities.
One of the businesspersons who accepted the invitation was Andre Poisson, a scrap merchant who wanted to obtain the lucrative contract. Lustig believed that Poisson seemed eager but naive. He told him that by paying a bribe, he could increase the chances of winning the bid.
Poisson paid the required amount in good faith, thinking that he had bought certain privileges concerning the demolition of the Eiffel Tower. After receiving the payment, Lustig fled Paris.
According to sources, Poisson was too ashamed to inform the police about the fraud. Consequently, Lustig managed to evade punishment at the time.
The positive outcome of the operation motivated him to attempt the same trick again. In a few weeks, Lustig went back to Paris and attempted to deceive another set of scrap merchants. This time, though, people became suspicious very fast.
Authorities started investigating the case, and Lustig had no choice but to flee from France. Victor Lustig gained fame for various fraudulent activities in Europe and America. He also worked in counterfeiting currency and similar crimes.
Although he was known for his criminal activities, the fraud involving the Eiffel Tower became his most celebrated scam.
This tale remains unique due to the plausibility of the scheme. Lustig used fake papers, social engineering, and confidence to persuade rich businessmen that a well-known landmark could be sold to them privately.
