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TIL a bankrupted con-artist from Oregon was able to purchase a bank license and opened a offshore bank in Grenada by claiming to own a 4 pound ruby worth $20 million dollars and a appraisal document proving its worth. The ruby was owned by a man in California who didn’t know the scammer.
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whatilearned
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TIL that after McDonald’s introduced the Quarter Pounder in 1971, A&W tried to compete with a “Third-of-a-Pound Burger” for the same price. When it failed, market research revealed that many American customers believed a third of a pound of meat was less than a quarter of a pound, and felt cheated.
by
whatilearned
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