Fraud of the Century: The Ponzi Scheme, 100 Years Later

The office door bore an impressive name—the Securities Exchange Company—and during the first seven months of 1920, it made the Niles Building at 27 School Street one of the busiest addresses in Boston. A steady stream of people turned up with wads of cash, convinced they would soon strike it rich. They were scrambling to … Continue reading Fraud of the Century: The Ponzi Scheme, 100 Years Later