Criminal cover image

A Mysterious Bank

Criminal

CHAPTER

The Importance of Women in Money

Charles Ponzi made this kind of fraud famous, but Sarah Howe was doing it in the same city. She guaranteed them 8% interest per month, paying them the first three months ahead of time. The problem with the Ponzi scheme is Ponzi schemes are destined to fail because unless you have a consistent influx of new money, you don't have money to pay out.

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