Victor Lustig

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Victor Lustig (January 4, 1890 – March 11, 1947)[citation needed] was a con artist who undertook scams in various countries and became best known as "The man who sold the Eiffel Tower. Twice."

Contents

Early life

Victor Lustig was born in Hostinne, Czech Republic, but soon headed to The West. He was a glib and charming conman, fluent in multiple languages.[1] He established himself by working scams on the ocean liners steaming between Paris and New York City.[1]

One of Lustig's trademark cons involved a "money-printing machine". He would demonstrate the capability of the small box to clients, all the while lamenting that it took the device six hours to copy a $100 bill. The client, sensing huge profits, would buy the machines for a high price, usually over $30,000. Over the next twelve hours, the machine would produce two more $100 bills. After that, it produced only blank paper, as its supply of $100 bills became exhausted. By the time the clients realized that they had been scammed, Lustig was long gone.[2]

Eiffel Tower scam

In 1925, France had recovered from World War I, and Paris was booming, an excellent environment for a con artist. Lustig's master con came to him one spring day when he was reading a newspaper. An article discussed the problems the city was having maintaining the Eiffel Tower. Even keeping it painted was an expensive chore, and the tower was becoming somewhat run down. Lustig saw the possibilities behind this article and developed a remarkable scheme.

Lustig had a forger produce fake government stationery for him and invited six scrap metal dealers to a confidential meeting at the Hotel de Crillon, one of the most prestigious of the old Paris hotels, to discuss a possible business deal. All six attended the meeting. There, Lustig introduced himself as the deputy director-general of the Ministry of Posts and Telegraphs. He explained that they had been selected on the basis of their good reputations as honest businessmen, and then dropped his bombshell.

Lustig told the group that the upkeep on the Eiffel Tower was so outrageous that the city could not maintain it any longer, and wanted to sell it for scrap. Due to the certain public outcry, he went on, the matter was to be kept secret until all the details were thought out. Lustig said that he had been given the responsibility to select the dealer to carry out the task. The idea was not as implausible in 1925 as it would be today. The Eiffel Tower had been built for the 1889 Paris Exposition, and was not intended to be permanent. It was to have been taken down in 1909 and moved somewhere else. It did not fit with the city's other great monuments like the Gothic cathedrals or the Arc de Triomphe, and at the time, it really was in poor condition.

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