Every day there is a new report out about the “new” scam that is out there, but are they really “new”? Scams are a VERY old business and when you start to look at the history of scams you see that the new ones are just variations of the old ones or the old ones just simply have gone unreported for so long that the scam only appears new.
I found the following information at http://money.cnn.com/magazines/fortune/fortune_archive/2002/03/18/319914/index.htm and it shows a wonderful timeline of scams dating back to the 1920’s
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