Scammer Alves dos Reis 

Fraudster Alves dos Reis 

Details

Name: Alves dos Reis
Other Name:
Born: 1896
whether Dead or Alive: 1955
Age: 58
Country: Portugal
Occupation:
Criminal / Fraud / Scam Charges:
Criminal / Fraud / Scam Penalty:
Known For: Bank fraud

Description :

Artur Virg?lio Alves Reis(Lisbon, 8 September 1896 ? 9 July 1955) was a Portuguese criminal who perpetrated one of the largest frauds in history, against the Bank of Portugal in 1925, often called the Portuguese Bank Note Crisis.


Alves dos Reis was a notorious Portuguese scammer in the early 20th century. In the 1920s, he orchestrated one of the most audacious financial frauds in history, known as the Portuguese Bank Note Crisis. Dos Reis successfully counterfeited large amounts of currency, destabilizing the Portuguese economy and causing a widespread financial panic. Posing as a wealthy businessman, he leveraged fake financial instruments to swindle banks and investors. The scheme ultimately led to his arrest in 1925. Dos Reis' exploits serve as a cautionary tale about the far-reaching consequences of financial fraud and the need for robust regulatory measures to safeguard economies from such deceptive practices..


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