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The Man Who Used Only Seawater To Crash Wall Street In November 1963, a warehouse inspector stepped onto a floating platform in Bayonne, New Jersey, and dipped a measuring rod into a 40 foot steel tank. According to the paperwork, the tank held 1.8 million pounds of soybean oil — collateral backing multi million dollar loans from some of America's most trusted financial institutions. The rod came back coated in oil, the inspector signed the form, and the banks kept lending. What he didn't know was that beneath that thin slick of grease, the tank was almost entirely full of New York Harbor seawater. This is the story of Anthony "Tino" De Angelis, a high school dropout who orchestrated a $175 million financial illusion (worth well over $1 billion today) using one basic law of physics: oil floats on water. By exploiting government export programs, an elaborate underground pipe network, and the blind trust of American Express, Tino legally secured loans against billions of pounds of phantom vegetable oil — nearly taking down the New York Stock Exchange in the process. ━━━━━━━━━━━━━━━━━━━━━━━━ CHAPTERS 00:00 — The Hook 00:47 — The Empire of Grease 05:05 — The Physics of Fraud 11:19 — The Long Game 15:30 — The Day It All Collapsed 19:57 — The Amex Decision 23:43 — The Ghost in the Grease ━━━━━━━━━━━━━━━━━━━━━━━━ SOURCES & FURTHER READING • The Salad Oil Scandal of 1963 (Commodity Market Crash) • Anthony Tino De Angelis and Allied Crude Vegetable Oil Refining Corporation • American Express Field Warehousing Corporation Crisis • Warren Buffett's 1964 American Express Investment • The Bankruptcy of Ira Haupt & Co. ━━━━━━━━━━━━━━━━━━━━━━━━ We tell the true stories of the most inventive minds in modern history — engineers, hackers, gamblers, and everyday people who found the one crack in a system and walked through it. No guns. Just the most creative schemes ever pulled off. #TrueCrime #3DDocumentary #FinancialFraud #OilScam

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