Great Oil Sniffer Hoax

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Event.png Great Oil Sniffer Hoax (fraud) Rdf-icon.png
Great Oil Sniffer Hoax.jpg
Date1969 - 1979
Exposed byPierre Péan
DescriptionA fraudulent scheme purporting to be able to detect oil by a new technology. Details remain rather obscure.

The Great Oil Sniffer Hoax was a remarkably audacious (~$150,000,000?)[1] and probably quite successful scam to defraud oil companies, including Elf Aquitaine. The perpetrators pretende to have a groundbreaking technology that could detect the presence of oil deposits just be overflying an area.

Perpatrators

The fraud was connected to Jean Violet, who canvassed for funds at a dinner of Le Cercle in Washington in 1970.[2]

The public state did not show much interest in pursuing the fraud - suggesting that it had at least some degree of deep state support.

Exposire

The fraud was exposed by Pierre Péan‎, and finally broke in December 1983.



References