 And on his deathbed, he ultimately confessed to a reporter that the whole thing was a scheme, that his security exchange commission was never a real business, and that it was all a lie. He came clean, and he actually wrote a confession letter to Rose, too. I guess it was very important to him to tell the truth. He died of a brain hemorrhage in 1949 in a poor charity hospital in Brazil, and he had only $75 in his pocket.