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The Greatest Toy Scam in History
In the 1990's, the Beanie Baby craze gripped the world like never before. People believed these small plush toys would make them millionaires, spending thousands and even millions to collect the rarest ones. But behind the hype was one of the biggest financial bubbles in history. In this video, we break down the Beanie Baby bubble, how the market collapsed, and why collectors lost everything. From Ty Warner's secret tax evasion scandal to the shocking crimes committed over Beanie Babies, this is the true story of how a simple toy obsession spiraled out of control. Find out why Beanie Babies failed as an investment, how rare Beanie Babies turned out to be worthless, and the devastating impact on those who believed they were securing their financial future. Understand the rise and fall of the Beanie Baby empire.
0:00 The 1990s Beanie Baby Craze
0:29 People Believed They'd Get Rich
0:48 Long Lines Formed
1:04 The Beanie Baby Bubble
1:21 Beanie Baby Highway Incident
1:43 Dark Facts Start Emerging
2:05 Beanie Baby-Related Crime
2:42 Scarcity Myth Falls Apart
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