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2min chapter
Charles Ponzi’s Schemes
Stuff You Missed in History Class
'Ponsey' and 'McMasters'
While out on bail during an appeal, ponsey went to florida and sold a bunch of people what he claimed was prime florida real estate. He was found guilty of fraud in that scheme and sentenced to a year of hard labor at florida state prison. While out on bail appealing that conviction, he attempted to flee by boat, but he was caught, arrested and sent back to massachusetts to serve his sentence. Ponsey filed a suit of his own, claiming that mc masters owed him money for being paid to place advertisements that never ran. Edwin insisted that richard had been running the newspaper this whole time, and that he deserved all credit for the pul
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