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Cassie Chadwick was best known for posing as the illegitimate daughter of industrialist Andrew Carnegie, subsequently convincing banks to loan her millions of dollars.
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Chadwick used the money to buy jewels, clothes, and a lifestyle that gained her the nickname “The Queen of Ohio.”
Finally, in 1904, Chadwick's scheme was uncovered. A Massachusetts banker who had loaned her $190,000 began to suspect something was wrong when he discovered She had amassed $5 million of debt when she was arrested in New York City, and was found wearing a money belt with $100,000 in it.
Chadwick was sentenced to 14 years in prison and a fine of $70,000 for conspiracy to bankrupt a federally chartered bank—the Citizen’s National Bank of Oberlin was forced into bankruptcy after it loaned Chadwick $800,000.
Chadwick died in jail on her 50th birthday, accompanied by trunks of clothes, furs— remnants of the life she led as Andrew Carnegie's "daughter". She was buried in Ontario, Canada, as per her will.
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