Joseph Allen
Books
- Fifty Percent in Ninety Days Charles Ponzi, the Boston Post, and the Scheme That Named a Fraud · Liszt Think
In 1920, an Italian immigrant clerk in Boston promised to double investments in ninety days through postal reply coupons.
- The Bank Examiner’s KnockThe telegram from Joseph Allen reached Daniel Gallagher at his desk in the State House shortly before noon on August 9, 1920. The Bank Commissioner’s message required no…
- The District Attorney’s Warrant…d deposited millions in the accounts of his investors, remained technically under the control of its own officers, though Bank Commissioner Joseph Allen had already intervened to stop payment on Ponzi’s checks. The district attorney needed formal authority to seize what remained, to convert…
- The Run on Hanover TrustThe ledger sheet for August 21, 1920, arrived on Joseph Allen’s desk with the quiet that precedes catastrophe. The Massachusetts Bank Commissioner had requested daily withdrawal tallies from Hanover Tr…