Latest / Ridiculous History / Sir Francis Drake and the Great Iowa Swindle
Transcript
- 0:00Speaker 1: Ridiculous History is a production of I Heart Radio. Welcome
- 0:27Speaker 1: to the show Ridiculous Historians. Here's hoping today's episode finds
- 0:32Speaker 1: you well, in good health, and not being beguiled by
- 0:36Speaker 1: con artist flim flam Folks. Confidence men. My name is Ben,
- 0:42Speaker 1: trustee co host Noel is on the road. But don't worry.
- 0:47Speaker 1: You won't have to listen to me monologue at Casey
- 0:50Speaker 1: for thirty minutes because today we are joined again by
- 0:54Speaker 1: one of our long time favorite guest on the show,
- 0:58Speaker 1: our former Reese Search associate and now executive producer at
- 1:02Speaker 1: I Heart Media, Christopher Hasiotis. Hello, Ben, Hello, everyone, Hello,
- 1:08Speaker 1: Casey Hello Hello. And that's our super producer Casey Pegrum Christopher.
- 1:14Speaker 1: It is I always say this, nos mean it is
- 1:17Speaker 1: a pleasure to join forces with you on the show again. Today.
- 1:21Speaker 1: I should point out that I was promised cookies. There
- 1:24Speaker 1: was a trail of cookies leading from my desk to this, uh,
- 1:27Speaker 1: this recording booth here. Yeah, I don't see any cookies.
- 1:31Speaker 1: I feel like I was conned. Well, uh, you were
- 1:36Speaker 1: not entirely bamboozled here, my friends, because if you look
- 1:40Speaker 1: at the fine print of that contract, it's more like
- 1:44Speaker 1: your promise the pursuit of cookies. Ben, all I can
- 1:47Speaker 1: say right now and listeners, I plead with you, the
- 1:50Speaker 1: door is locked. I can't get out of this studio.
- 1:53Speaker 1: So I've got the pleasure of sitting here with Ben
- 1:55Speaker 1: and chatting about what I seem to be called back
- 1:58Speaker 1: for with some relative frequency con artists. Yeah, that's absolutely right.
- 2:03Speaker 1: We didn't start out planning to do so many episodes
- 2:08Speaker 1: about scams and con artists, but it turns out that
- 2:12Speaker 1: this ridiculous history of human civilization is lousy with con artists,
- 2:17Speaker 1: some who are hilariously bad, some who are unbelievably lucky,
- 2:23Speaker 1: and a small few who for quite a while seemed
- 2:27Speaker 1: to get away scott free. Today is also sort of
- 2:32Speaker 1: our Iowa episode. I don't know if we checked in
- 2:36Speaker 1: with you about this man, but we're still on our
- 2:39Speaker 1: crazy suf John Stevens esque quest to do an episode
- 2:44Speaker 1: for every state in the United States. I encourage your endeavor,
- 2:47Speaker 1: I I say, stick with it. Yeah, well, we're already
- 2:49Speaker 1: way ahead of Soufia. Well, the last time we talked
- 2:51Speaker 1: about that and it came up was we were talking
- 2:53Speaker 1: about George Washington and speaking of scams, you tried to
- 2:57Speaker 1: pull one over on the listeners if I remember correctly
- 3:00Speaker 1: by saying that talking about George Washington counted as a
- 3:03Speaker 1: Washington State episode, to which I then and now objected
- 3:08Speaker 1: and object Yes, the motion carries I find that sustained.
- 3:13Speaker 1: What what would you say, Casey? Is that too much
- 3:15Speaker 1: of a scam? It's a little bit of scam. Yeah,
- 3:17Speaker 1: I'm gonna give it. Um, I don't know five pinocchios
- 3:20Speaker 1: or whatever dumb rating people would use for a scam.
- 3:23Speaker 1: This is your show, and I am but a warm
- 3:25Speaker 1: body and a warm voice, Casey on the case. Uh
- 3:29Speaker 1: it is it is Casey's show. Thanks. I'm also locked
- 3:32Speaker 1: in here. But today's show takes us in a way
- 3:38Speaker 1: to Iowa. But before we get to Iowa, we have
- 3:42Speaker 1: to introduce you to someone who is who must be
- 3:46Speaker 1: at least vaguely familiar to many of us listening today,
- 3:50Speaker 1: and that is sir Francis Drake. Right, Um, how would
- 3:56Speaker 1: you describe him? Ben? Would you say? He's a a sailor,
- 4:00Speaker 1: man of the high seas, hero, a pirate, a privateer, uh,
- 4:07Speaker 1: a slave trader, a human trafficker. Yeah, Francis Drake is
- 4:11Speaker 1: one of those historical figures who has not aged well
- 4:16Speaker 1: because growing up, especially in the West, a lot of
- 4:19Speaker 1: school children were taught, let's say, the sanitized version of
- 4:24Speaker 1: this guy's story. And he did impressive things. He's got
- 4:28Speaker 1: a lot of accolades. He accomplished things. Yes, yeah, he
- 4:33Speaker 1: was the second person ever to circumnavigate the globe, the
- 4:36Speaker 1: first Englishman for whatever that counts for. That's big, that's
- 4:39Speaker 1: a big deal with the English. And he also had
- 4:42Speaker 1: the approval of the Queen as far as his privateering
- 4:47Speaker 1: and his piracy went. She was completely, you know, fine
- 4:52Speaker 1: with his activities. He wasn't in his time in his country,
- 4:57Speaker 1: he was not considered a criminal. However, of course the
- 5:02Speaker 1: Spanish hated him. Well, he wasn't considered a criminal because basically,
- 5:07Speaker 1: you know, it's one of those technicalities. If you don't
- 5:09Speaker 1: make something a crime, you're not a criminal. If you
- 5:11Speaker 1: if you produce results, people can ignore the way you
- 5:15Speaker 1: got those results. And that's definitely the case with Francis
- 5:17Speaker 1: Drake and a lot of the privateers who were active
- 5:21Speaker 1: in the eighteenth and nineteenth century. Absolutely he was differentiated
- 5:26Speaker 1: from you know, your independent mom and pop piracy business
- 5:31Speaker 1: by the commission from Queen Elizabeth. And when privateers received
- 5:37Speaker 1: this sort of well, they were called letters of mark.
- 5:40Speaker 1: When privateers received one of these things, it was fairly specific,
- 5:44Speaker 1: described where and when he could operate and against whom.
- 5:49Speaker 1: So he was given the green light to prey on
- 5:53Speaker 1: Spanish galleons. And by the time he was twenty talked
- 5:56Speaker 1: about an early start, he was deep in the privateering game.
- 6:00Speaker 1: Francis Drake looted a lot of Spanish gold. And I'll
- 6:06Speaker 1: interrupt you please, Spanish gold is a bit of a
- 6:09Speaker 1: misnomer as well, right, So the Spanish gold, it's not
- 6:12Speaker 1: like the Spanish just had the gold or made the gold.
- 6:15Speaker 1: So the Spanish came to the America's or what would
- 6:18Speaker 1: become called the America's and uh, you know, it took
- 6:21Speaker 1: gold that they found there. They you know, they took
- 6:26Speaker 1: the gold from native populations, um, from those communities, and
- 6:30Speaker 1: we're taking it back to Spain. It was in Spanish
- 6:32Speaker 1: possession at the time. But I think a lot of
- 6:34Speaker 1: the way that we've talked about history, especially pirate history,
- 6:38Speaker 1: and sort of this this romantic notion of the Caribbean
- 6:40Speaker 1: and the back and forth between the continents. You know,
- 6:43Speaker 1: we talked about the British, we talked about English, we
- 6:45Speaker 1: talked about the Spanish Portuguese to a certain extent, and
- 6:48Speaker 1: and their gold. But it was only Spanish because the
- 6:51Speaker 1: Spanish took it right. And that is a very good point,
- 6:55Speaker 1: because when you look at it that way, which is
- 6:58Speaker 1: the most accurate way to look at the sequence of events,
- 7:02Speaker 1: Francis Drake was stealing goods that had already been stolen, right,
- 7:08Speaker 1: and it just had this, uh, this thin veneer of legality.
- 7:13Speaker 1: And one thing we know about this, regardless of the
- 7:16Speaker 1: distinctions the rationalizations tossed about during the course of Drake's career,
- 7:22Speaker 1: he died a very very well off dude. He was
- 7:27Speaker 1: enormously successful stealing this stolen gold, and people also thought
- 7:35Speaker 1: this is the key part of his life for our purposes.
- 7:37Speaker 1: People also thought that Francis Drake had stashed away some
- 7:43Speaker 1: some treasure trove, you know, that he had, in addition
- 7:46Speaker 1: to his known earnings and his known you know, possessions
- 7:52Speaker 1: in his estate, that he had somewhere else, somewhere in
- 7:56Speaker 1: the world, hidden away a mysterious is fortune worth as
- 8:02Speaker 1: much as, by one estimate, one hundred billion dollars, which
- 8:07Speaker 1: is a lot of gold. That's a lot of gold.
- 8:10Speaker 1: That's a lot of gold, and that's not uncommon. That's
- 8:12Speaker 1: part of the romance of the ideas, especially when either
- 8:15Speaker 1: at the time or in retrospect you're talking about these
- 8:17Speaker 1: somewhat scurless characters who skirted the edge of legality, were
- 8:21Speaker 1: enemies to some friends to others, somewhat legal pirates working
- 8:27Speaker 1: with the sort of the stamp of approval of the queen.
- 8:30Speaker 1: And so as these pirates are pirrating their way around
- 8:32Speaker 1: the Caribbean, it's only natural to assume, as they're hiding
- 8:36Speaker 1: in coves, in little uh h endlets exactly, um, you
- 8:41Speaker 1: know that there might be a couple of chests somewhere.
- 8:43Speaker 1: And Drake he died in fifteen nineties six, so you know,
- 8:48Speaker 1: end of the sixteenth century. He died, um, somewhere in
- 8:52Speaker 1: the Caribbean, in the Greater Antilles. Dysenterius. What got him?
- 8:56Speaker 1: It wasn't any of the swashbuckling. There were no mutinies
- 8:59Speaker 1: or rebellions. Are angry deck swabbers, right. He passed away
- 9:04Speaker 1: in a surprisingly not that Dysenterry is a pleasant way
- 9:06Speaker 1: to go, but in a comparatively pleasant way compared to
- 9:10Speaker 1: you know, the other hazards of his occupation. I don't know,
- 9:13Speaker 1: a quick must get shot to the head or a
- 9:17Speaker 1: sword through the throat or whatever you see in the movies.
- 9:19Speaker 1: That that's pretty quick, That it is pretty quick, that's
- 9:22Speaker 1: true's gruesome? Well, I don't know, Dysenterry eyesn't imagine it's
- 9:25Speaker 1: fairly gruesome. Yeah, you know, of the three, I would
- 9:28Speaker 1: rather not pick any, you know. Uh, he probably he
- 9:33Speaker 1: probably did not want to go out that way either.
- 9:36Speaker 1: But Ben, can we fast forward a couple of hundred years? Yes,
- 9:39Speaker 1: we should, because you see, Francis Drake left no legitimate
- 9:43Speaker 1: air and his fortune seemed to have vanished. This became
- 9:47Speaker 1: a cool story to tell around the campfire for as
- 9:52Speaker 1: you said, several hundred years. Let's fast forward to the
- 9:56Speaker 1: early twentieth century in Iowa, in somewhere between nineteen fifteen
- 10:02Speaker 1: and nineteen nineteen, right, right, So, um, definitely not pirate territory, no, no, no, no. Uh.
- 10:10Speaker 1: The Iowan pirate industry was not in its glory days, right,
- 10:15Speaker 1: and maybe hasn't reached them yet. So there's this guy
- 10:19Speaker 1: in Madison County, Iowa. His name is Oscar Meryl heart Cell.
- 10:25Speaker 1: He had tried a couple of different occupations with middling success.
- 10:30Speaker 1: He was working as as a farmer. At times he
- 10:33Speaker 1: was working as a deputy sheriff there in Madison County.
- 10:37Speaker 1: And when he is about around about thirty nine forty
- 10:41Speaker 1: years old, he meets two people who are very charming,
- 10:48Speaker 1: very glad, handy, and it turns out that they have,
- 10:53Speaker 1: through mysterious unique means, aligne on the legendary fortune of
- 11:00Speaker 1: Sir Francis Drake. And they talked to Oscar's mom and
- 11:06Speaker 1: they say, Mrs Hartzell, we will give you a slice
- 11:10Speaker 1: of this amazing pie treasure. Wait, this amazing treasure of
- 11:16Speaker 1: this amazing pie of treasure. Yeah, treasure. I feel like
- 11:20Speaker 1: treasure pie. That is probably the more direct way. There's
- 11:23Speaker 1: probably if you go to like some Iowa church sale,
- 11:25Speaker 1: there's a nice woman who will sell you a slice
- 11:27Speaker 1: of treasure pie. It's probably studded with gummy bears and snickers.
- 11:31Speaker 1: But that's not what we're talking about. That's not no, no,
- 11:33Speaker 1: we could be we should. I am sorry about the
- 11:38Speaker 1: cookies I owe you. So. So this couple tells Oscar's
- 11:44Speaker 1: mom that, you know, they will turn this six thousand
- 11:47Speaker 1: dollars into a much larger sum of money. Reportedly six
- 11:51Speaker 1: million bucks, and they go along with it. His mother
- 11:56Speaker 1: is a victim of what turns out to be a
- 11:59Speaker 1: con be because you see, it was not uncommon for
- 12:04Speaker 1: people to falsely claim that they could help you get
- 12:08Speaker 1: a piece of the legendary treasure of Sir Francis Drake.
- 12:12Speaker 1: This is a version of an older con, the unclaimed
- 12:16Speaker 1: estate con right, and that still happens today via email.
- 12:21Speaker 1: Oh yeah, Nigerian Princes of plenty. Uh. You know, we've
- 12:24Speaker 1: we've talked about this before in the show, how people
- 12:26Speaker 1: are so willing to buy into something. But I think
- 12:28Speaker 1: what you mentioned is that it was a common con
- 12:31Speaker 1: and that's part of why I think it's easier for
- 12:34Speaker 1: people to go along with it. Right, if someone just
- 12:36Speaker 1: came to you and said, hey, we've got this in
- 12:39Speaker 1: on millions of dollars, you could be the only one
- 12:43Speaker 1: that may raise some questions. But you know, at the
- 12:46Speaker 1: time in Iowa, in Missouri around there, this was becoming
- 12:50Speaker 1: more and more common. There was a woman named Sudy
- 12:52Speaker 1: Whittaker who really got things going in this sort of
- 12:56Speaker 1: Drake fortune swindle. She claimed to be related to to
- 13:00Speaker 1: a man named George Drake and could trace her lineage
- 13:02Speaker 1: back to him, and then they claimed that Drake George
- 13:07Speaker 1: came from Sir Francis Drake. And basically the way the
- 13:10Speaker 1: swindle worked is pretty much what you've laid out. There's
- 13:12Speaker 1: this this massive fortune, but it's being held up in
- 13:16Speaker 1: court and we need your help to get it out. So, yeah,
- 13:25Speaker 1: Oscar Hartzel saw his mom getting swindled, Ben, what would
- 13:29Speaker 1: you do if you saw one of your parents getting
- 13:31Speaker 1: built out of some money? Would you defend them? Would
- 13:35Speaker 1: you try to argue with the people who stole money
- 13:38Speaker 1: from them? Possibly take legal action? Yeah? Um called the cops,
- 13:44Speaker 1: shout about it out of a window online in a podcast.
- 13:50Speaker 1: Would you joined forces with them? You know? That is
- 13:54Speaker 1: the plot twist, right Most people would say no, right
- 13:58Speaker 1: like that. That wouldn't be your instinct, would it. Christopher
- 14:01Speaker 1: would not, So so it was Oscar's instinct. And there's
- 14:06Speaker 1: there's a strange evolution here the two Connars. He meets
- 14:09Speaker 1: one the infamous Sudi Whittaker that you mentioned, the other
- 14:13Speaker 1: severely weasley lawyer named Milo Lewis, which I know can
- 14:17Speaker 1: sound sort of stereotypical, but this guy was a real cad.
- 14:21Speaker 1: It was a pill. These are the folks who built
- 14:25Speaker 1: Oscar's mom out of thousands of dollars, and Oscar notices that,
- 14:31Speaker 1: surprise rise the money from the Drake estate does not
- 14:34Speaker 1: come pouring down on them. He decides to seek out
- 14:39Speaker 1: Sudi and Milo, and at this point we're pretty sure
- 14:44Speaker 1: he still fought this was a legitimate thing and not
- 14:47Speaker 1: a con at first. And you know, he's essentially checking in,
- 14:52Speaker 1: where's the money? I hope you guys are doing well.
- 14:54Speaker 1: Talk soon. And so Louis and Whittaker, in an excellent
- 14:58Speaker 1: piece of improvisation I must say, they say, you know what, Oscar,
- 15:03Speaker 1: we like to cut a your jib. You want to
- 15:04Speaker 1: work with us because we can get this money faster
- 15:08Speaker 1: if we have a little more cash to prime the pump.
- 15:11Speaker 1: So would you help us recruit additional people to invest
- 15:15Speaker 1: in this astonishing opportunity and he says yes. The three
- 15:20Speaker 1: of them go to England and they tell their investors
- 15:25Speaker 1: we are traveling across the pond because we need to
- 15:29Speaker 1: work out just some of the legal kinks the bureaucracy
- 15:32Speaker 1: in person in England. And you know b R B
- 15:36Speaker 1: T T Y L love you that kind of stuff.
- 15:40Speaker 1: And while he's in England, they're still communicating, not just
- 15:43Speaker 1: with the marks that they had identified while in the US,
- 15:46Speaker 1: but they actually set up a network of even more
- 15:49Speaker 1: people to work for them, to act as their agents
- 15:51Speaker 1: in Iowa, in Missouri, in that region of the country.
- 15:55Speaker 1: So they're going around basically with a sort of pyramid
- 15:59Speaker 1: scheme set up where their agents are the ones going
- 16:03Speaker 1: to people and saying, listen, this Drake fortune could be
- 16:06Speaker 1: anywhere from They promised some people twenty two billion dollars.
- 16:10Speaker 1: They told some other people four hundred billion dollars, a
- 16:15Speaker 1: lot of billions of dollars. But here's why they needed
- 16:18Speaker 1: the help of the individual people in the US that
- 16:20Speaker 1: they were talking to. They said that this money has
- 16:23Speaker 1: been found. The fortune is in the United Kingdom, and
- 16:27Speaker 1: anyone with the last name Drake, anyone who can tie
- 16:30Speaker 1: their lineage back to Sir Francis Drake, is eligible for
- 16:34Speaker 1: a cut of that money. And you, sir or madam,
- 16:37Speaker 1: could be one of those people. But we need your
- 16:40Speaker 1: help because the court costs in the UK are outrageous.
- 16:45Speaker 1: Two thousand five dars a week is what they have
- 16:48Speaker 1: to spend just to keep the case going in the UK.
- 16:53Speaker 1: So they promised people as Hart soul's mother fell prey
- 16:57Speaker 1: to these ridiculous, ridiculous returns. They said, for every dollar
- 17:02Speaker 1: you invested, you would get five hundred dollars back. You know,
- 17:06Speaker 1: when this fortune has revealed it, Ben, I'm just gonna
- 17:08Speaker 1: step back and say, anytime anyone promises you, what is
- 17:13Speaker 1: a fifty thousand percent returned? Right, maybe maybe maybe take
- 17:20Speaker 1: a step back, juice your skepticism a little bit. But
- 17:25Speaker 1: seventy people in the US people bought into this. That
- 17:30Speaker 1: is a lot of people. That is, it's not four
- 17:33Speaker 1: billion people, but it is quite quite a large number.
- 17:38Speaker 1: And you know, as we say it's it can always
- 17:41Speaker 1: be tempting to look back and think, what a bunch
- 17:44Speaker 1: of rubes, you know, how gullible, how credulous. However, when
- 17:49Speaker 1: they were in the moment, a lot of these seventy
- 17:52Speaker 1: thousand people came from similar backgrounds. They knew one another
- 17:57Speaker 1: because there was this multi level market thing. Is what
- 18:00Speaker 1: it ultimately involved into the way people were recruiting. So
- 18:04Speaker 1: they were not necessarily getting strangers as often as they
- 18:08Speaker 1: were getting their friends, their neighbors, their loved ones. People
- 18:10Speaker 1: who went to the same general store, the same church
- 18:15Speaker 1: or something. People you could believe people who could vouch
- 18:17Speaker 1: for you, people who you know, and Hartstel made things
- 18:20Speaker 1: seem like they were on the up and up. He
- 18:22Speaker 1: established an official organization, the Sir Francis Strake Association. He
- 18:27Speaker 1: put out official newsletters. You know this was It looked legit.
- 18:31Speaker 1: It looked legit. It walked and quacked like a duck.
- 18:36Speaker 1: But before we go into the beauty of his con,
- 18:41Speaker 1: let's let's take just a second to point out the
- 18:44Speaker 1: internal evolution of his his con gang. So, as we said,
- 18:49Speaker 1: Sudi and Milo right are the ones who inducted him
- 18:53Speaker 1: into this. Hart Sel is not particularly thick or dope
- 18:59Speaker 1: ish dude. He knows something is wonky about this, and
- 19:04Speaker 1: he figures out while they are in England that this
- 19:08Speaker 1: is part of a scam. And he notices that Lewis
- 19:12Speaker 1: and Whittaker, they have some internal tensions because, you know,
- 19:17Speaker 1: putting two con artists into a game seems like it's unsustainable.
- 19:22Speaker 1: It might not end well here today. I have no comment. No, uh,
- 19:27Speaker 1: non't know. He is. He's on an adventure that I
- 19:30Speaker 1: think he'll yeah, I think he'll tell us about He
- 19:33Speaker 1: should be in um, he should be in New York.
- 19:37Speaker 1: That's the story I'm sticking to and wait, are you
- 19:41Speaker 1: a cop? I have no pithy remark. All right, Casey, No,
- 19:45Speaker 1: leave it in, Leave it in for later legal proceeds.
- 19:49Speaker 1: Ho it't like Casey. That reminds me I just need
- 19:51Speaker 1: fifty bucks to keep that stuff moving through court? Are
- 19:54Speaker 1: you cool with that? Ben? I really don't think it's
- 19:56Speaker 1: a good idea to talk about this on the air.
- 19:57Speaker 1: That's true, unless some listeners want to, and into which
- 20:01Speaker 1: we should. I think I just violated several laws, broadcast laws,
- 20:05Speaker 1: digital laws, corporate policies. But it was a different time,
- 20:11Speaker 1: billion dollars Casey on the case, by the way, as well,
- 20:16Speaker 1: so our different moderndation. Annigan's aside. We could learn a
- 20:21Speaker 1: lot from Heartzell in England because he sees opportunity in
- 20:27Speaker 1: this increasingly chaotic partnership and he becomes sort of the
- 20:33Speaker 1: face of this He I don't want to say franchises,
- 20:36Speaker 1: but he punches up essentially the original scheme. He starts
- 20:42Speaker 1: dressing in custom suits and he starts looking the part
- 20:48Speaker 1: you know of someone who would be considered uh an
- 20:52Speaker 1: old money descendant right of of Francis Drake himself. There's
- 20:56Speaker 1: an excellent article in this called may I Hold Your Watch,
- 20:59Speaker 1: which comes from Susan Adams and refers to impart a different,
- 21:04Speaker 1: equally impressive con artist. But we have a rough idea
- 21:08Speaker 1: of the pitch. We know that the number that he
- 21:11Speaker 1: would give people varied, as you said, twenty two billion
- 21:14Speaker 1: billions somewhere in between, and it was tied up in
- 21:18Speaker 1: probate court. Also, the cash value wasn't the entirety of
- 21:23Speaker 1: the fortune. The entire English city of Plymouth was up
- 21:28Speaker 1: for grab. And he started off finding, you know, people
- 21:33Speaker 1: with the surname Drake, a relationship, some sort of possible
- 21:37Speaker 1: or plausible connection to this historical figure. But then I
- 21:40Speaker 1: guess the money got too good. He expanded the con
- 21:44Speaker 1: He started talking to people outside of Iowa, including a
- 21:47Speaker 1: lot of people who had no relation to Francis Drake,
- 21:52Speaker 1: not even in a sensible pretend one, no relation whatsoever.
- 21:56Speaker 1: And that's when he started getting to uh that havand
- 22:00Speaker 1: thousand people mark that you mentioned. And he was living
- 22:05Speaker 1: high on the hog, an opulent lifestyle, as we said,
- 22:10Speaker 1: top notch clothing, eating at the best restaurants, etcetera. Pretty
- 22:15Speaker 1: much the exact behavior we see con Artists Committee in
- 22:18Speaker 1: feature films. And the thing is, this con still powers on.
- 22:25Speaker 1: He was able to keep it running pretty successfully until
- 22:30Speaker 1: a couple of things happened. He was able to keep
- 22:32Speaker 1: it running until the Great Depression, despite various red flags
- 22:39Speaker 1: that proved his falsehoods. Right, the British government announced in
- 22:43Speaker 1: nine that there was no fortune from Francis Drake. Yeah,
- 22:48Speaker 1: that's the thing is, it's not like no one else
- 22:50Speaker 1: had thought about this, right, So the government had kind
- 22:54Speaker 1: of paid attention and um, they said, look, whatever fortune
- 22:58Speaker 1: that there was, it probably went to Drake's second wife, Elizabeth,
- 23:03Speaker 1: And so there's nothing left. There's no If there's a
- 23:06Speaker 1: hidden treasure, go grab a shovel. But there's nothing in
- 23:10Speaker 1: the probate courts. You know, there are no billions of
- 23:13Speaker 1: pounds just waiting to be dispersed exactly. But people don't
- 23:17Speaker 1: want to hear that, because if you believe in this
- 23:20Speaker 1: sort of audacious get rich quick dream, then you it'll
- 23:24Speaker 1: be part of your internal logic. Of course, the government
- 23:27Speaker 1: is going to say it's not there, you know, but
- 23:30Speaker 1: I am a descendant of Francis Drake, and this gold
- 23:33Speaker 1: at least some of it, at least a few billion
- 23:35Speaker 1: of it belongs to me. Another thing that Hartzel did
- 23:39Speaker 1: wisely was to stay in the UK at the time
- 23:43Speaker 1: because he wasn't breaking any British laws. He was. He
- 23:47Speaker 1: was just hanging out, making money, dressing nicely, walking around,
- 23:53Speaker 1: eating well and sending letters. Right. Because again his his
- 23:58Speaker 1: supporters were US based, it is very smart to have
- 24:02Speaker 1: an ocean between them in case the heat picked up.
- 24:06Speaker 1: It did, it always does, it always does. This heat
- 24:11Speaker 1: took the form of a pretty tenacious postal officer in
- 24:15Speaker 1: the UK who started to get suspicious and said, all right,
- 24:20Speaker 1: what's really going on with this Drake venture? And when
- 24:25Speaker 1: he found out, he reported this to the authorities. As
- 24:29Speaker 1: you said, Christopher, the British could not prosecute heart Swell.
- 24:33Speaker 1: He did not commit any crimes, right, he was just
- 24:36Speaker 1: sort of a foodie and a man about town in
- 24:38Speaker 1: a clothes horse. But what they could do is deport him.
- 24:43Speaker 1: They could extraditem to the US to stand trial for
- 24:48Speaker 1: mail fraud, which is how like the specific charge they
- 24:51Speaker 1: wanted to get him for. Fast forward n Iowa. Heartswell
- 24:56Speaker 1: is on trial Oscar Hartswell. And here's the crazy thing.
- 25:00Speaker 1: He doesn't show up alone. He has a hundreds strong
- 25:05Speaker 1: mob of fans, supporters, fellow investors who are cheering because
- 25:11Speaker 1: they feel like this is I don't know. This makes
- 25:15Speaker 1: me think of the context too, right when we're talking
- 25:18Speaker 1: about the thirties. This makes me think that at least
- 25:22Speaker 1: part of the psychology here could be a sort of
- 25:27Speaker 1: fight against authoritarian figures thing going on. You know, and
- 25:31Speaker 1: people are saying, well, the common man is always getting
- 25:34Speaker 1: crushed by the courts. Well sure, and at the time
- 25:36Speaker 1: not unlike some other times in uh in past or
- 25:40Speaker 1: more recent or contemporary history. You know, people are desperate.
- 25:44Speaker 1: They've they've lost a lot of money, but they also
- 25:46Speaker 1: don't necessarily see a path towards getting more stability or
- 25:49Speaker 1: more money for their lives. Right, so they feel like
- 25:52Speaker 1: they've exhausted the traditional paths. They've done what they were
- 25:55Speaker 1: told to do. They tried working for the farm, they
- 25:58Speaker 1: tried working for their company, and it didn't work out.
- 26:01Speaker 1: So even if you sat down with someone and said, listen,
- 26:04Speaker 1: do you really think you're going to get millions and
- 26:07Speaker 1: millions of dollars? We're like, wow, maybe I don't know,
- 26:10Speaker 1: but like, but what's it gonna hurt if I'm already
- 26:12Speaker 1: getting screwed? Over. If my life is already not in
- 26:15Speaker 1: great shape and I don't have good prospects, why not
- 26:19Speaker 1: put aside hundred two hundreds of thousand dollars with the
- 26:24Speaker 1: prospects of maybe this will pay off massively in the future.
- 26:27Speaker 1: I mean, you see very similar situation. You could argue
- 26:30Speaker 1: that state lotteries operate in much the same way. People know,
- 26:36Speaker 1: they know the odds are against them, but they might
- 26:39Speaker 1: not be. You know, it always makes you think. One
- 26:41Speaker 1: way my father used to describe lotteries and gambling. He said,
- 26:46Speaker 1: the lottery is a attacks on people who are bad
- 26:51Speaker 1: at math. It's like it's attacks for not thinking through
- 26:54Speaker 1: the math. He said. It was a much more charming
- 26:55Speaker 1: East Tennessee accent. He did, He did, he did. He
- 26:58Speaker 1: is really leaning into that accent post retirement. There's a
- 27:07Speaker 1: heartbreaking part of this because we have to realize that
- 27:12Speaker 1: a lot of people who had bought into this, even
- 27:15Speaker 1: if it were not their entire fortune, this was like
- 27:18Speaker 1: the dream that they clung to, you know, as things
- 27:22Speaker 1: got worse and worse and day to day life, they
- 27:25Speaker 1: were waiting for justice to be served and then to
- 27:28Speaker 1: receive their rightful inheritance from their lauded ancestor Francis Drake
- 27:34Speaker 1: and Oscar heart Cell is their golden ticket. He's the
- 27:38Speaker 1: conduit through which this success will arrive. There may or
- 27:41Speaker 1: may not also have been a little bit of you know,
- 27:45Speaker 1: American versus the British system of you know, the the
- 27:50Speaker 1: King's got things held up in court and we hard
- 27:53Speaker 1: working Americans are just trying to free that for ourselves. Um.
- 27:58Speaker 1: But yeah, as you point out, Hartel shows up in
- 28:01Speaker 1: court not just with supporters, not just with the people,
- 28:05Speaker 1: but with their money. I mean, he raised over the
- 28:09Speaker 1: fifteen years he ran this scam, he made two million
- 28:12Speaker 1: dollars for himself for himself, two million dollars. And yet
- 28:16Speaker 1: when he goes to court, his supporters still pledge money
- 28:21Speaker 1: for a defense fund. And um, I saw a couple
- 28:24Speaker 1: of different numbers. And when I was doing the research
- 28:26Speaker 1: for this piece, which, by the way, I really recommend
- 28:29Speaker 1: any listeners who want to read more about this checkout
- 28:31Speaker 1: a New Yorker article from two thousand to written by
- 28:35Speaker 1: Richard Rayner. It's called The Admiral and the con Man.
- 28:37Speaker 1: It's got a lot of really great details in there.
- 28:39Speaker 1: But Hartzel's supporters race anywhere from sixty eight thousand to
- 28:42Speaker 1: three hundred and fifty thousand dollars for his defense, to
- 28:46Speaker 1: pay for the lawyers when he was in court, despite
- 28:48Speaker 1: the fact that he had two million of well not
- 28:51Speaker 1: his own, but yeah, that he had kind of generated
- 28:55Speaker 1: the fortune he was claiming to have. Yet they also
- 28:58Speaker 1: paid for his bail. And despite all this public support,
- 29:03Speaker 1: Heartswell is convicted. They say they're going to ship him
- 29:06Speaker 1: off the Leavenworth for ten years on these mail fraud charges.
- 29:10Speaker 1: While he is in jail, the scam continues. It collects
- 29:15Speaker 1: another half a million dollars. Some people died convinced that,
- 29:21Speaker 1: you know, this fortune will not go to me now
- 29:23Speaker 1: that I am going to pass away, but it will
- 29:26Speaker 1: go to my children and their children. So there's there's
- 29:29Speaker 1: some hope at the end of the long day. And
- 29:33Speaker 1: it's nuts he had, you know, he had at this
- 29:35Speaker 1: point kind of I want to call him employees, associates
- 29:39Speaker 1: like his his agents. His brother, a guy named Canfield,
- 29:44Speaker 1: played an instrumental role in keeping the con going. But
- 29:49Speaker 1: now Uncle Sam is wise to it and Heartswell goes
- 29:54Speaker 1: to trial again. He loses again. This is is one
- 30:01Speaker 1: of my favorite parts. I wish we had the substance
- 30:04Speaker 1: of this to do a re enactment, but we'll we'll,
- 30:07Speaker 1: we'll spare you that because we don't have the exact
- 30:09Speaker 1: language here. At his sentencing, he jumps up and starts
- 30:15Speaker 1: raving like an unhinged lunatic about how amazing the Drake
- 30:22Speaker 1: estate is and how you know, history will see who
- 30:26Speaker 1: was right and who was on you know, who was
- 30:29Speaker 1: correct in this mad endeavor. And this is the weird thing.
- 30:33Speaker 1: We will probably never know how much or how little
- 30:36Speaker 1: he actually believed that I was. Really I'm really interested
- 30:39Speaker 1: to hear your take, because he spoke with prison psychiatrists
- 30:43Speaker 1: and they said that he was claiming he was he,
- 30:47Speaker 1: that he himself was Sir Francis Drake, and they diagnosed
- 30:51Speaker 1: him with paranoid schizophrenia at the time. But was this
- 30:56Speaker 1: another con you know what I mean? Was he like
- 30:58Speaker 1: angling to go for some kind of insanity please, I
- 31:03Speaker 1: don't know. I don't know that the it would have
- 31:05Speaker 1: benefited him at the time. It may be the sort
- 31:08Speaker 1: of narcissistic um, you know, personality traits where you you
- 31:12Speaker 1: just don't want to get caught in a line, even
- 31:14Speaker 1: if you know you're lying, so you build it bigger
- 31:16Speaker 1: and bigger and bigger, but a little extra addition to
- 31:20Speaker 1: a hurricane map. Um. Yeah, but but yeah, I mean,
- 31:24Speaker 1: so he spent his time in Leavenworth, which is a
- 31:27Speaker 1: big deal prison, right, That's where he would have been
- 31:29Speaker 1: there at the same time as a gangsters like machine
- 31:32Speaker 1: Gun Kelly, like in the same building. This is serious business.
- 31:36Speaker 1: But while he was there, he also you know, at
- 31:40Speaker 1: the prison psychiatrists you mentioned, They also encouraged him to
- 31:44Speaker 1: get his story out to help himself with these delusions.
- 31:47Speaker 1: So he wrote in six a prison autobiography, which I
- 31:52Speaker 1: think it would just be fascinating. I wasn't able to
- 31:55Speaker 1: find any of the original material, but it is mentioned
- 31:58Speaker 1: in that um in that Rainer piece. Because Rayner himself
- 32:01Speaker 1: and researching for this article that was published seventeen years ago,
- 32:04Speaker 1: got a lot of files released by Scotland Yard, you
- 32:08Speaker 1: know Scotland. Scotland Yard had three folders about Hartsel called
- 32:12Speaker 1: him a quote unquote notorious offender, and in there was
- 32:16Speaker 1: a copy of this probably the only copy of this
- 32:19Speaker 1: autobiography that he wrote while in prison. Yeah, and shouts
- 32:23Speaker 1: out to Richard Rayner because he did so much leg
- 32:27Speaker 1: work on this this story oddly enough sort of faded
- 32:31Speaker 1: from the conversation until hard working journalists and historians like
- 32:35Speaker 1: Rayner hunted it down. Well. I was able to find
- 32:39Speaker 1: out that in um in two thousand, there was a
- 32:41Speaker 1: play put on in London called Scam, Just just Scam,
- 32:46Speaker 1: to the tune of Fame. Yeah about this this very episode,
- 32:50Speaker 1: so a couple of years before Rayners article. So I
- 32:53Speaker 1: don't know if if one fed into the other. You know, sure,
- 32:55Speaker 1: maybe it was sort of bubbling up in the seite
- 32:57Speaker 1: geist and it's you know, one of those things where
- 32:59Speaker 1: people kind of knew about it, but it really took
- 33:02Speaker 1: the dedicated efforts of of serious writers and researchers to
- 33:05Speaker 1: really bring this thing to light. But yeah, I don't know.
- 33:08Speaker 1: I mean, listeners, if you are in Iowa or that
- 33:11Speaker 1: part of the country, does any of this ring familiar
- 33:13Speaker 1: to you? A lot of people have never heard about
- 33:15Speaker 1: this before. I knew very little about it. I had
- 33:18Speaker 1: heard of kind of the Drake swindle, but I didn't
- 33:21Speaker 1: know about its relationship to a very specific part of
- 33:23Speaker 1: the United States. Oh and if you'd like to learn
- 33:26Speaker 1: more about it too, Richard Rayner wrote a book about
- 33:29Speaker 1: this in two thousand and three called Drake's Fortune, The
- 33:32Speaker 1: Fabulous True Story of the World's Greatest Confidence Artist, which
- 33:36Speaker 1: that title those you have to be careful with those
- 33:39Speaker 1: sorts of superlatives. What exactly is a con artist help
- 33:42Speaker 1: sell books? It helps sell books. That's true, and it's
- 33:45Speaker 1: a real book. If you pay for it, you will
- 33:47Speaker 1: get a copy of the book. It's not like Drake's Fortune.
- 33:51Speaker 1: It's strange because although Rayner does pass away at the
- 33:57Speaker 1: age of sixties seven andree, he doesn't pass away in prison.
- 34:01Speaker 1: He passes away in a hospital for the criminally insane,
- 34:06Speaker 1: as they were called at the time. I do want
- 34:08Speaker 1: to point out that while it may have been different
- 34:11Speaker 1: from Leavenworth Prison, it was still not a particularly nice
- 34:15Speaker 1: place to be, right, Yeah, still a prison, still a prison.
- 34:18Speaker 1: And we could do an entire episode on the US
- 34:20Speaker 1: treatment of people with mental issues historically. Oh, if that's
- 34:25Speaker 1: a dark one, man, we might have to save that
- 34:26Speaker 1: one for October um. However, we know that despite him
- 34:31Speaker 1: passing away, people still believed the story, the story that
- 34:36Speaker 1: he created, well, the story that he punched up from
- 34:40Speaker 1: Milo and Sudi continued on without him, which I think
- 34:43Speaker 1: is amazing. Well, yeah, you know, it's the sort of
- 34:46Speaker 1: thing where sometimes founders don't know what they've got until
- 34:49Speaker 1: someone comes along and boosts it up. You know. You
- 34:52Speaker 1: see that in legitimate corporations, right uh. You know the
- 34:56Speaker 1: guys who founded McDonald's. They were doing okay, Sollen Burger's
- 34:59Speaker 1: and cow Fifornia until ray Kroc came along and said,
- 35:02Speaker 1: I've got an idea for you. Let's take this big
- 35:04Speaker 1: time exactly. And that's an excellent comparison. That is why,
- 35:10Speaker 1: according to Rayner in that New Yorker piece you mentioned earlier, Christopher,
- 35:15Speaker 1: even after Oscar Hartzwell's death, towns in Iowa and Minnesota
- 35:22Speaker 1: became divided between people who said, Okay, this was a scam,
- 35:27Speaker 1: I got got and people who said, no, big government
- 35:31Speaker 1: shut this down. The Drake fortune is out there, I
- 35:34Speaker 1: have a piece of it. I can't believe you're giving up,
- 35:37Speaker 1: nonbeliever or whatever you know. And this, this sort of
- 35:41Speaker 1: cultural conflict continued for years afterwards. This story makes me
- 35:48Speaker 1: think that while this guy may not have been the
- 35:50Speaker 1: world's greatest con man, whatever that means, he's definitely in
- 35:54Speaker 1: the top tier of the list. Wouldn't you say it's
- 35:57Speaker 1: it's certainly a ridiculous list. To be part of. It
- 35:59Speaker 1: is the ridiculous list to be part of. Uh, And
- 36:02Speaker 1: just emphasize this, it is a list that Casey my
- 36:06Speaker 1: co host Nolan I are not on by any means.
- 36:10Speaker 1: I still don't have cookies, all right, man, But you know,
- 36:13Speaker 1: it just takes a lot to prime the pump. What's ben,
- 36:16Speaker 1: what's the difference between a swindle and just a flat outlie?
- 36:19Speaker 1: A difference between a swindle and a flat outlie would
- 36:23Speaker 1: be that when I don't have cookies, that's the difference.
- 36:27Speaker 1: That's the difference. I was. I was going into it
- 36:29Speaker 1: at You heard me take a breath and I was like, well,
- 36:33Speaker 1: you know, uh, sometimes like a swindle would have a
- 36:37Speaker 1: sometimes a material exchange of goods would I'm just just
- 36:40Speaker 1: give me a cookie. Thank you so much for coming
- 36:43Speaker 1: on the show, Christopher Hacio. It is We will indeed
- 36:47Speaker 1: bring you some cookies. I have to I have to
- 36:50Speaker 1: say it is always a pleasure. I will be sending
- 36:54Speaker 1: an email requesting your cookie preferences, and we'd also like
- 36:59Speaker 1: to hear your take, folks, what what are your favorite cookies?
- 37:03Speaker 1: Do you know anyone who was maybe involved in this
- 37:07Speaker 1: sort of this huge con this huge swindle and do
- 37:13Speaker 1: you think that Oscar Hartswell at the very end of
- 37:16Speaker 1: his life, do you think he really believes he was
- 37:19Speaker 1: Francis Drake or do you think he was just trying
- 37:22Speaker 1: to get one last con over. Thank you so much
- 37:26Speaker 1: to our super producer Casey Pegram, Alex Williams, who composed
- 37:29Speaker 1: our track, our research associates Gabe, Ryan Eve's Jeff Cote
- 37:35Speaker 1: who may be appearing on the show soon, and Christopher.
- 37:38Speaker 1: Despite the fact that you and I have had our
- 37:42Speaker 1: baked goods related differences in the course of this show,
- 37:46Speaker 1: how how would you feel about coming back on for
- 37:48Speaker 1: another one? Sometimes you know that's the way it crumbles.
- 37:51Speaker 1: There's no one I'd rather be locked in a studio with.
- 37:54Speaker 1: Thank you that Okay, it's very specific compliment. Thank you
- 37:59Speaker 1: so much. We'll see you next time, folks. For more
- 38:09Speaker 1: podcasts from my Heart Radio, visit the I Heart Radio app,
- 38:12Speaker 1: Apple Podcast, or wherever you listen to your favorite shows.