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1860s. Jacob Young, William Abrams, and Nancy Clem ran what author Wendy Gamber argues, in her book The Notorious Mrs. Clem: Murder and Money in the Gilded Age, was the first-ever Ponzi scheme. [1] [2] In Munich, Germany, Adele Spitzeder founded the "Spitzedersche Privatbank" in 1869, promising an interest rate of 10 percent per month.
Eduardo de Valfierno (1850–1931): Argentine con man who posed as a marqués and allegedly masterminded the theft of the Mona Lisa in 1911. Lord Gordon Gordon (1840–1874): British man who defrauded $1 million from Jay Gould, who was fighting for control of the Erie Railroad. Bertha Heyman (born c. 1851): American con artist, also known as ...
For our example, let's say you invest $10,000 in a 401 (k) today and you aim to withdraw it in 20 years. While it's invested, you earn a 10% average annual return. After two decades, your $10,000 ...
Port St. Lucie is a city in St. Lucie County, Florida, United States. It is the most populous municipality in the county and the seventh-most populous city in Florida with a population of 204,851 at the 2020 census. It is located 125 miles (201 km) southeast of Orlando and 113 miles (182 km) north of Miami. [6] [7] It is a principal city in the ...
813. FIPS code. 12-25900 [2] GNIS feature ID. 0283060 [3] Gibsonton, sometimes nicknamed Gibtown, is an unincorporated community and census-designated place in Hillsborough County, Florida, United States. U.S. Route 41 runs through the center of the community. The population was 18,566 at the 2020 census, up from 14,234 at the 2010 census.
From January 2008 to December 2012, if you bought shares in companies when Dennis R. Beresford joined the board, and sold them when he left, you would have a -98.7 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
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