Empire of Deception at werd.com

Empire of Deception

Following right behind Charles Ponzi—the original Ponzi schemer—came a slick Chicago lawyer named Leo Koretz, who in the roaring 20s, convinced hundreds of people to invest in his phantom timberlands and nonexistent oil wells in Panama & then ran away with over 30 million dollars. Like Ponzi & Madoff, eventually, Koretz was found out & hunted down.