Gregor MacGregor (24 December 1786 – 4 December 1845) was a Scottish soldier, adventurer, and con man who attempted from 1821 to 1837 to draw British and French investors and settlers to "Poyais", a fictional Central American territory that he claimed to rule as "Cazique". Hundreds invested their savings in supposed Poyaisian government bonds and land certificates, while about 250 emigrated to MacGregor's invented country in 1822–23 to find only an untouched jungle; more than half of them died. Seen as a contributory factor to the "Panic of 1825", MacGregor's Poyais scheme has been called one of the most brazen confidence tricks in history. Wikipedia