Ponzi set up an office at 27 School St. and created a firm called the Securities and Exchange Company, a name meant to instill confidence in potential investors. Then he made his offer: Investors who bought into the company would get a 50 percent return on their money in 45 days; a 100 percent return in 90 days. Banks at the time paid 5 percent interest annually.
what a guy and his students are on this board. As for DNDN the FDA is out to protect the public.