Boston Post
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.
- Rose of the North End…and the regulatory gaps that separated state-chartered institutions from federal oversight. There was her brother’s friend, a clerk at the Boston Post Office, who described the handling of international mail and the volume of reply coupons that passed through the system. These were not sou…
- The First Dollar from Ettore…according to laws more generous than those governing ordinary commerce. He had not yet encountered the scrutiny that would destroy him. The Boston Post had not yet assigned reporters to investigate his operations. The state bank examiner had not yet opened his ledgers. The district attorney…
- The Run on School Street…ed over an operation that had already outgrown any conventional category of business. The frenzy was not spontaneous. On July 24, 1920, The Boston Post printed a favorable article on Ponzi’s scheme. Just below it, a bank advertisement offered a 5% annual return, making Ponzi’s promise of fi…