Charles Wells - the Man Who Broke the Bank at Monte Carlo
Yes, that’s him. A fraud, a liar, and a man, who broke the bank at Monte Carlo multiple times. This great event happened back in 1891 in the largest European gambling center.
From the early age he wanted to be rich and respected. He spent money carelessly and always wanted to have more. His vocation was to be “an inventor”. He told credulous investors he needed funds for testing his inventions and they easily said good-bye to their money. As it appeared later, his invention was good old roulette.
Breaking the Bank
Apparently, his head was full of ideas, when he told the investors that he will make a “musical jump rope.” As soon as the money “jumped” into his pocket, he left for European Vegas. As we can count now, the jump rope“testing” cost the people 4,000 pounds, which transformed into 1,000,000 francs during 13 hours of the roulette spins.
Some people call it a miracle and a huge luck; some call it a perfectly planned trick. But anyway, Wells spent so much time at the table and put to shame the house. During those lucky hours he won 20 out of 30 spins. That day he broke the bank 12 times, which means that he won money that were in chips on the table.
He instantly became a celebrity as the newspapers covered the casinos topics in those times. The casino hired the investigators to make it clear, how one man managed to win a stake. But all the investigations were in vain. Later Charles Wells told that his scheme was to double the numbers that lost, which is a pretty vague explanation.
Wells was caught and extradited to England and he was convicted for fraud and the financial schemes for 8 years. When he was released, he decided to change his last name to Davenport. But the wrong way brought him back to prison to serve two more sentences.
As a result of all adventures of the great fraud, he ended his life penniless. The destiny gave him a chance to get rich, but he didn’t respect it and died trying to get everything back.
The Man Who Broke the Bank at Monte Carlo
Fred Gilbert wrote “The Man Who Broke the Bank at Monte Carlo” song in 1892 about Wells’ exploits, which was quite popular then.
There is also a movie shot with the name “The Man Who Broke the Bank at Monte Carlo” in 1935. The story is about Ronald Colman, young nobleman from Russia, who won 10 million francs in casino. He gives half to his fellow Russians who helped him and dives into a romance with Helen all across Europe.
Later in 1983 Michael Butterworth wrote the same-name book about the adventures of Charles Wells.
Wonderful invention of the casinos in Las Vegas. They inscribe in it everybody, who was brave enough to cheat and win millions on that but later was caught red-handed, imprisoned and nobody wants to see him/her in the house.