Library › Racket Squad in Action #17
The reading room
Racket Squad in Action #17
Young men storm into Patio's, Inc. to confront the boss about being cheated on their patio contracts, discovering they were bilked by a collection agency working with a man named Ponzi who discounted their bills. When the Racket Squad investigates, they learn that Ponzi has been running a classic swindle, promising investors guaranteed returns by taking their money and paying dividends from new investor funds rather than legitimate profits. The investigation exposes Ponzi as a con artist, and a newspaper headline reveals "Ponzi Is Exposed as Swindler!"