Great Oil Sniffer Hoax
The Great Oil Sniffer Hoax was a 1979 scandal involving French oil company Elf Aquitaine. The company spent millions of dollars to develop a new gravity wave-based oil detection system, which was later revealed to be a scam. Elf lost over $150 million to the hoax. In France, the scandal is known as the "Avions Renifleurs" ("Sniffer Aircraft").
Read more about Great Oil Sniffer Hoax: Prior To Elf, Elf Involvement, Exposure, Political Scandal, Bonassoli Reappears
Famous quotes containing the word oil:
“No skilled hands
caress a stranger’s flesh with lucid oil before
a word is spoken
no feasting
before a tale is told, before
the stranger tells his name.”
—Denise Levertov (b. 1923)