I came across this article on the NY Times about the Pigeon King Arlan Galbraith from Canada. He built his pigeon king empire back in 2001 to 2008 and amassed billions of dollars in getting investors which are mostly farmers to buy pigeons from him to farm and raise.
The article also mentioned a couple who borrowed $125,000 against their farm property and they bought 360 pairs of pigeons from the Pigeon King at $165 a pair. The article is quite lengthy but interesting. If you have the time go ahead and click on that link above.
On some other news article it mentioned that he was convicted of fraud for luring numerous Canadian and US farmers to raise pigeons farms and guaranteed a profitable back-back prices.
7-year prison term for Pigeon King
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