Charles Ponzi was an Italian-born swindler who made a fortune in the 1920s in America and Canada. He took cash from investors, paid some of them quick dividends, got a reputation as a shrewd entrepreneur and quickly got more investors. Business ballooned but Ponzi wasn’t generating anything. He was simply recycling cash from new investors to pay earlier ones. His scheme ran for over a year, costing his victims $20million.
at a time when he was earning £11,000 a week
The footballer, who signed for Coventry in a £1.2 million deal, told the court he earned £1,000 a week.
Interesting about Freddy Eastwood.
Compare that to:
:thinking about:
The report suggest McIndoe was trying to get people to throw matches. Makes you wonder if he did it himself when with us. Now that makes me angry.