How John Keely Convinced Investors He Could Power Trains With A Quart Of Water

John Keely promised a revolutionary new physical force capable of powering a 30-car train from Philadelphia to New York using only a quart of water. This video examines the rise and fall of the Keely Motor Company to uncover what modern investors can learn from his elaborate deception.

John Ernst Worrell Keely founded the Keely Motor Company on the premise that he had discovered a groundbreaking source of energy. Despite his bold assertions, scientists and engineers remained skeptical of his unverified claims throughout his career.

Following Keely's death, an investigation into his supposed perpetual motion machine revealed the truth: the device was not powered by a mysterious new force, but rather by hidden tubes of compressed air and hydraulic mechanisms. The case serves as a historical warning for investors regarding the importance of verifying technological claims.

Source: The Vaporware Salesman