Leith, January 1823. The Kennersley Castle sailed for the Black River on the Mosquito Shore carrying close to two hundred Scottish tradesmen and their families, bound for the capital of the Territory of Poyais. They had bought their land by the acre at an office in London, read about it in a three-hundred-and-fifty-page guidebook that promised three crops of corn a year and rivers carrying globules of pure gold, and swapped their savings for Poyais banknotes printed in Scotland. The man who sold it all was Gregor MacGregor, a real general from the real wars of South American independence, who had come home calling himself the Cazique of Poyais, been received by the Lord Mayor of London, and floated a two-hundred-thousand-pound bond issue through a former Lord Mayor's bank. There was no capital and no country. There was the ditch of an abandoned fort under the brushwood, and when the settlers asked for their wages, the governor told them he had nothing but paper to give them. Accounts of how many died, and of whether MacGregor believed his own country, do not agree. He was tried in Paris and acquitted, kept selling Poyais into the 1830s, and was buried in Caracas Cathedral with full military honors. Also this week: Frankie owns up to the empty weeks, the show settles an open question from the sonogram episode, and The Modern Grift reads a letter from a listener who paid a deposit on a house that had somebody else's family living in it. Sources David Sinclair, 'The Land That Never Was: Sir Gregor MacGregor and the Most Audacious Fraud in History,' Review/Headline, 2003Damian Clavel, 'What's in a Fraud? The Many Worlds of Gregor MacGregor, 1817-1824,' Enterprise & Society 22:4, 2021Alfred Hasbrouck, 'Gregor McGregor and the Colonization of Poyais, between 1820 and 1824,' Hispanic American Historical Review 7:4, 1927Matthew Brown, 'Inca, Sailor, Soldier, King: Gregor MacGregor and the Early Nineteenth-Century Caribbean,' Bulletin of Latin American Research 24, 2005James Hastie, 'Narrative of a Voyage in the Ship Kennersley Castle, from Leith Roads to Poyais,' Edinburgh, 1823Thomas Strangeways, 'Sketch of the Mosquito Shore, Including the Territory of Poyais,' Edinburgh: Blackwood, 1822Michael Rafter, 'Memoirs of Gregor M'Gregor,' London, 1820'The King of Con-men,' The Economist, 22 December 2012Memorandum and Order, United States v. Rippey, No. 18-20057, U.S. District Court for the District of Kansas, 19 November 2019Court filings in United States v. Rush, U.S. District Court for the Eastern District of Virginia, September 2026Federal Trade Commission, 'Rental Listing Scams,' consumer.ftc.govFBI Internet Crime Complaint Center, 2025 Internet Crime Report, ic3.gov