Ponzi Bail Decision Looms In Boston Muddle
Federal authorities plan to bail Ponzi today from East Cambridge jail amid a rush to appoint a receiver and assess his assets. Legal experts say noteholders who cashed before the Post’s exposure may be safe, while others face possible repayment demands. Ponzi’s wife and associates visited him as investigators prep for a wider probe into the Hanover Trust Company and Ponzi holdings.
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East Cambridge
Boston
Ponzi
J. Weston Allen
Lexington
Post
Charlie
Allen
Gallagher
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Cape Cod
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Pride
Essex
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Hanover Trust Company
State Bank
Joseph C. Allen
Doctor Sissa Dies by Own Action After Ponzi Arrest
Dr Silvio Sissa a 49 year old Orient Heights physician committed suicide by hanging after severing an artery following Charles Ponzi's arrest. Born in Italy he practiced 20 years and suffered nervous trouble. He is survived by a wife and two children with a brother Angelo a Hartford physician. Burial at Woodlawn Cemetery.
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Hartford
Raheny Barracks Fire Claim Burned in Dublin Meeting
A claim by the Inspector-general of police for 10000 dollars as compensation for the destruction of Raheny barracks by fire was formally burned by the chairman of the North Dublin Union in Dublin tonight.
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Inspector-general of Police
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Arrests in Old Colony Foreign Exchange Probe
Authorities seek sums linked to a Boston firm accused in a get rich quick scheme tied to Ponzi style fraud. Investigators estimate up to 200000 dollars moved during a one month operation with offices listed in Boston and front ads in Amesbury. Bail for Brightwell and the Meyers brothers is under review in Municipal Court.
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Never Arrested Before Cited in Beau mont Swindle Case
He claimed no arrest history and denied knowledge of a namesake arrested in a Beau mont Texas fraud. Mrs. Brightwell occupies the apartment at 236 Bay State Road and was away most of the day.
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Texas
Brightwell
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Unnamed wife declines comment on husband arrest
A woman told a reporter she could not discuss her husband’s arrest or herself, citing advice from Mr McIsaacs. She expressed disappointment at missing a jail visit yesterday but planned to go this afternoon.
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