What an entertaining book! The author covers not just the fascinating story of our hero's swindling but also a history of the con game and the efforts to clean up Denver, CO, which had a con crime gang that owned town politicians.
It seems the roaring 20s were not just a great time to get rich, but a great time to con people who wanted to get rich. In fact, that was one justification con men gave - they were swindling people who were willing to engage in unethical practices in the hope of winning big. They believed they were doing the world a favor! (My counterpoint would be that most marks would be unaware that they were doing anything unethical. Our hero, Mr. Norfleet wasn't even aware that the "stock exchange" he was toured through was actually a cotton exchange.)
What I found fascinating was just how clever the con men were: "chance" meetings, "dropped" billfolds, and a precisely defined target (mark): it was all planned down to a T. They knew Norfleet was coming to town from the country, that he was wealthy, but not so wealthy that he had a regular banker, lawyer, or accountant in town, and that he would have ready cash because he was looking to make a deal. And don't think that Norfleet was just a rube - the con men even fooled that most sagacious of advisors - his wife - in person!
No less adventurous is the tale of how Philip Van Cise, the accidental DA, took down the Blonger gang in Denver. The gang had the police and city and state politicians in its pockets - Van Cise had to ask wealthy (and trustworthy!) citizens for donations to run his sting! And of course, the capper was that Norfleet was his final "mark" to con the con men!
Why were the 20s such a gold mine (literally - that was one popular con!) for con men? Several factors, but one that the author pointed out that I found fascinating was the Liberty Bonds issued by the US Federal Government to fund WWI. For the first time in history, average Americans had financial instruments in their hands. Naturally, few understood them. But what they did understand was the news stories about people getting rich trading stocks - so why shouldn't they? Lack of sophistication and greed make one a perfect mark for The Big Con!
So read the book! It was a fascinating ride!