Hanover Trust Company

The Hanover Trust Company was a private American bank of the 1920s. It's offices were located in Boston, Massachusetts.[1]

It became infamous initially for turning down Charles Ponzi for a load (for his IRC scheme) in 1919, and subsequently for being bought up by Charles Ponzi in July 1920.[2]

References

  1. ↑ Zuckoff, Mitchell (10 January 2006). Ponzi's scheme - the true story fo a financial legend. New York: Random House Trade Paperbacks. ISBN 0812968360.
  2. ↑ "Book reading by Mitchell Zuckoff at olsson's Books and Records, Washington D.C.". www.youtube.com. The Film Archives.
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