[1] Similar terms came from the early 20th century where con-men would sell landmarks to which no one owns the title such as the Brooklyn Bridge to newly arrived immigrants in the United States.
[3] Grant Oster points out that the practice of the unseen property scam predates the existence of the United States.
There have been cases that swampland was purchased and turned into very valuable property, notably for the creation of Walt Disney World and also to some extent including many developed lands in Florida.
[5] One of the earliest swampland scams in Florida was Poinciana, a development in the Everglades that sold nearly 9,000 lots in 1925 and 1926 despite almost all of the property being mangroves and a "Shangri-La for crustaceans and mosquitoes".
[6] In the 1960s and 1970s, scammers used nationwide advertising to lure victims to buy Florida real estate without visiting the properties first.
As Arizona is well known to have an arid climate, it is assumed that wetlands in that state are non-existent (though several exist within the Apache-Sitgreaves National Forests[13]).
Country songwriter George Strait released an album Ocean Front Property with this variation as its title.