Racket Squad in Action #17
☆ Be the first to review + Add to your collection — Join freeYoung 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!"
Harry Bolton has perfected a six-year con: posing as a charity fraud exposer, he mesmerizes wealthy clubwomen into letting him handle their donations while secretly funneling money into multiple bank accounts across the country. When the Racket Squad finally closes in on his operation, Bolton discovers that his carefully constructed scheme—built on taking their trust without ever actually stealing—has left him with nothing they can legally prosecute him for... yet.
A young couple moves into a new suburban development and becomes the neighborhood's showpiece with their affordable, beautiful patio—sparking demand from envious neighbors, who soon discover they've been bilked by a cheap contractor masquerading as quality work. When the same con artists set up shop in another town, they meet their match in a savvy neighbor who documents evidence and forces the schemers' hand, giving the Racket Squad the opening it needs to shut down the operation for good.
A young man injured in a terrible accident lies in the hospital—and just as he's starting to recover, a smooth-talking runner appears with promises of a fortune and the services of a top personal-injury lawyer who's supposedly made others rich. But behind the scenes, the real architect of this racket is Mort Greene, a disbarred lawyer running a nationwide operation to exploit accident victims, and his web of influence reaches further than anyone imagines. When a badly burned driver enters the hospital, Greene's scheme faces an unexpected test that may finally expose the truth about how this personal-injury racket is costing every American.
A card sharp confident in his sleight-of-hand skills accepts a wager to cut the ace of spades from a shuffled deck—but his victim has a trick of his own up his sleeve. When the con artist turns his back during the shuffle, he doesn't account for someone quick enough to outmaneuver him at his own game.
When a charismatic small-time clerk named Ponzi promises Boston investors a stunning 50% return on their money in just 90 days, the city falls under his spell—and when early investors actually receive their profits, the fever spreads into a city-wide frenzy. But beneath the glittering promises lies a house of cards, and as authorities dig deeper into Ponzi's true operations, the bubble built on deception races toward an inevitable and catastrophic collapse. This is the true story of how one man's scheme bilked thousands out of millions in the most infamous financial swindle of its era.
The Pinkertons deploy their surveillance expertise at the racetrack, installing cameras in towers around the course and developing film on-site to ensure every race runs clean and fair. With saliva tests to catch doped horses and multiple angles of every finish, there's no room for cheaters or disputes—just honest racing the American way.
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↩ Reprints Famous Crimes #19 (1950), Racket Squad in Action #8 (1953)
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