PONZI’S SCHEME.
.MAN WHO -MADE £1,000,000. Jacksonville' (U.S.), Dec. 27 A first dividend to shareholders of 200 per cent, lias been announced by Charles Do urn. The Boston financial wizard, who has been trying to recoup his lost fortune ever since lie came out of gaol in Angus blast year, is now participating in .the Florida land boom. He is selling A 2 land lots and says there is a great deal of money to be made, Charles Ponzi served four years in gaol for using the mails to aid his get-rich-quick schemes. - He was alleged 1.0 have defrauded investors of £1,000,000. While in gaol his palatial homo was sold and. In’s wife had to work to support himself.
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Bibliographic details
Feilding Star, Volume 4, Issue 676, 7 January 1926, Page 8
Word Count
119PONZI’S SCHEME. Feilding Star, Volume 4, Issue 676, 7 January 1926, Page 8
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