But July was even worse for Bartolomeo Vanzetti. He was already charged with the April 15, 1920 robbery and double murder in Braintree along with Nicola Sacco. But then he had been brought to trial by himself for a Christmas Eve 1919 attempted robbery in Bridgewater, Massachusetts. That trial had opened on Tuesday June 22nd and the guilty verdict had been read out just one week and two days later, on Thursday July 1st.
By this time Ponzi’s offices, in room 227, in the Niles Building at 27 School Street, were receiving $1 million every three hours from new investors. Of course, most of that money had to go right back out in order to pay dividends to earlier investors. Of course, as long as every day brought in more money than the day before, Ponzi’s business plan stayed afloat. But the editors at the Post had not rolled over after the lost liable case. In fact they were more determined than ever to put the little Italian out of business.
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