THE TITANIC NEVER SANK ! - THE GREATEST INSURANCE FRAUD IN HISTORY
Published: Sun, 09/27/20
 from G. Edward Griffin 2020 Sep 26 Patrea Patrick: The Titanic Never Sank - The Greatest Maritime Insurance Fraud in History
Everyone knows Titanic Sank. Right? Well, not quite. A ship sank that looked like the Titanic and had the Titanic name on its bow, but shipyard records verify from the ID number on the propeller of the sunken vessel that it really was the Olympic, the Titanic’s sister ship. The Olympic had been involved in two collisions that damaged her keel so badly she was no longer seaworthy, could not be fixed, and was uninsurable. This meant she would have to be scrapped at a terrible financial loss to its owner, J.P. Morgan. The solution was simple: switch names on the hull, tell everyone they were sailing on the Titanic, and put in motion a string of events that would cause her to sink, supposedly by striking an iceberg. Thus, the insurance on the Titanic would cover the loss of the Olympic, and no one would be the wiser except a few insiders who were well rewarded for their silence.
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