A Mysterious Bank
Criminal
00:00
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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