Hanover Trust Company
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…ctual postal practice to survive initial inquiry, and exotic enough to suggest specialized knowledge unavailable to ordinary investors. The Hanover Trust Company refused his first approach. In June 1919, introduced by “leading Italians of Boston” according to the bank’s subsequent account, Ponzi requ…
- The Circular from Spain…. What remained was the circular, the regulations, and a growing conviction that the impediments were financial rather than structural. The Hanover Trust Company, where an account had been opened and relationships cultivated with the Italian business community of Boston, had already declined to advan…
- The First Dollar from Ettore…later in the year—but the address was the first element of what would become an elaborate stage set. Henry H. Chmielinski, treasurer of the Hanover Trust Company, had already refused Ponzi’s request for a loan. This rejection, which occurred in late 1919 or early 1920, was instructive. Chmielinski wa…