He Scammed Millions of Dollars With Pigeons - The Arlan Galbraith Story

Apparently we need to get into the pigeon racing business 😳-Arlan Galbraith known as The Pigeon King, ran one of Canada’s strangest and most devastating Ponzi schemes, convincing hundreds of farmers across Canada and the U.S. to buy expensive breeding pigeons with promises that he would buy back the offspring at a guaranteed profit. Galbraith claimed he was building a massive pigeon-meat and racing-bird industry, but no such market existed, and the only money coming in was from new farmers joining the scheme.