Publicity Man Claims Ponzi Insolvent Amid Inquiry
A publicity operator recounts meetings with Charles Ponzi and three federal and state prosecutors, detailing Ponzi’s mounting debt, rapid note issuance, and halted sales. He argues Ponzi cannot meet maturing notes and urges stopping the scheme to shield the public from further losses.
Ponzi Scheme Faces 38 Day Payback Deadline
The note issue demands 7.5 million dollars be settled within 38 days. About 25,000 note holders are involved, many having invested their last dollars while awaiting arrest of Ponzi, who remains at large in the public eye.
MENTIONED IN THIS ARTICLE
Ponzi
Auditor Pride Continues Review of Ponzi Books
Edwin L. Pride, appointed by United States Attorney Gallagher, examines Ponzi's ledgers in the federal Ponzi scheme probe. The process continued yesterday with no new developments and no Sabbath activities linked to the investigation. Investigators rest after a hectic week as they report again that there is nothing new.
MENTIONED IN THIS ARTICLE
Edwin L. Pride
United States
Gallagher
Mr. Pride
Ponzi case awaits federal update amid Boston interests
A looming federal statement on Ponzi solvency is anticipated after audits begin this week. Government reports from Europe and U S embassies may reach Boston, while Attorney General Allen may appoint an auditor today. Ponzi’s Lexington home drew hundreds of motorists as film crews shot the family, with guards limiting access. He plans to be at 27 School street, then faces a $1,000,000 suit from Joseph Daniels in Superior Court tomorrow. Ponzi also donated $200 to a Catholic club.
MENTIONED IN THIS ARTICLE
Ponzi
Boston
Europe
United States
Fats
Allen
Fox Film Company
Lexington
Slocum Road
Massachusetts Avenue
Lexington Centre
School Street
Superior Court
Joseph Daniels
Daniels
Orders Probe of Ponzi Office in New Jersey
JERSEY CITY N J Aug 1 W W H Mackie district agent at Bayonne for the Securities Exchange Company of Boston headed by Charles Ponzi who claims to have made a fortune through transactions in international postal exchange today was ordered to produce his books and records before Prosecutor Pierre Garvan of Hudson county The prosecutor stated he was anxious to learn whether the transactions of the exchange company in this State warranted any action being taken by his office.
MENTIONED IN THIS ARTICLE
Jersey City
N. J
W.W. H. Mackie
Bayonne
Securities Exchange Company of Boston
Charles Ponzi
International Postal Exchange
Pierre Garvan
Hudson County
Trade treaties deadline slips past Sept six
The State Department says it cannot fix more than twenty commercial treaties by September 6 under the Jones Act 90 day limit. Officials cite the work’s enormity and complexity as the reason for missing the deadline.
MENTIONED IN THIS ARTICLE
Washington
Associated Press
State Department
Fourth Annual Catholic Club Field Day Fundraiser
The Catholic Club of Lexington holds a field day on Labor Day September 6 to raise 200 dollars to help pay the mortgage on the club house on Waltham Street. It is the committee’s largest contribution to date and the club will thank Mr Ponzi at its next meeting.
MENTIONED IN THIS ARTICLE
Catholic Club of
Lexington
Catholic Club
Waltham Street
Ponzi
Ponzi Flies at Lynnway Field Performs Aerial Stunts
Charles Ponzi rode in an airplane at Lynnway air field with L. W. Tracy piloting. He signed a release before the flight and asked to be kept aloft until he gave the word. He completed loops wing overs and an Immelman turn and paid about 90 dollars for the ride.
MENTIONED IN THIS ARTICLE
Charles Ponzi
Lynnway Air Field
Immelman
L. W. Tracy
Johnson Airplane Company
Ponzi
Tracy
Choo ses Poison as Antidote for Love
A doorway at the corner of Washington and Munroe streets was the scene yesterday morning as Patrolman Frank Teele investigated a report. The incident involved a person choosing poison as an antidote for love in what appeared to be a distressed case.
MENTIONED IN THIS ARTICLE
Washington and
Munroe Streets
Frank Teele
Woman Leaves Note to Lynn Man Then Disappears
Mrs. Bennett of Brockton left a passionate note to Ranne Richard of South Common Street Lynn saying she could not stand it any longer and asking him to take care of her five year old daughter. Richard reported to police after the note appeared, revealing their past acquaintance and her recent absence.
MENTIONED IN THIS ARTICLE
Bhe
Ranne Richard
South Common Street
Lynn
Richard
Bennett
Harry Goodwin
Centre Street
Brockton
Munroe Street
Ranne
Buddy
Weather summary from J. W. Smith meteorologist
The report lists mean barometer mean temperature and mean dew point with mean relative humidity. It notes the maximum and minimum temperatures and provides a meteorologist signature J. W. Smith.
MENTIONED IN THIS ARTICLE
J. W. Smith
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