The Charitable Corporation Scandal of 1732 was the FTX of its day. It shows why governments won't ever really crack down on scams.

The Charitable Corporation was founded to provide “relief of the industrious poor by assisting them with small sums at legal interest.” It didn't end that way.

The Charitable Corporation Scandal of 1732 was the FTX of its day. It shows why governments won't ever really crack down on scams.
The Charitable Corporation was founded to provide “relief of the industrious poor by assisting them with small sums at legal interest.” It didn't end that way. Read More