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Charles Ponzi’s Schemes

Stuff You Missed in History Class

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Ponsey's 'Standards'

A massive crowd of people wanting their money back jammed the alley adjacent to his office, and ponsey brought them coffee and sandwiches at lunch. Meanwhile, boston post ran a report from the boston news bureau that said there was just no indication that international reply coupons were being moved with anywhere near the volume that ponsey's scheme would have required. Ponsey announced that he had been offered ten million dollars sell the business, but hadn't decided what he wanted to do. Then on the 30 first, he announced that he was suing charles w baron for libel, and also thinking about running for office once all this was over.

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