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Charles Ponzi arrested...

Item # 595540

August 12, 1920

THE BETHLEHEM TIMES, Bethlehem, Pennsylvania, August 12, 1920

* Charles Ponzi arrested (early same day 1st report)
* Wall Street scheme - Stock Market

The front page has one column headlines: "CHAS. PONZI PLACED UNDER ARREST TODAY", "Surrendered to U.S. Marshal at City of Boston", "Is Held In Bail Of $25,000", "Charged With Having Used Mails in Plan to Defraud".

This was the original Ponzi scheme that has been talked about in recent years with Bernard Madoff & more.

Other news of the day. Complete in 12 pages, light browning, a little margin wear, chipping at the edges, otherwise good.

Category: The 20th Century

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