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Jennifer's 20th Century History Blog

By Jennifer Rosenberg, About.com Guide to 20th Century History since 1997

Ponzi Scheme Financed 9/11 Monument

Thursday July 2, 2009
A monument in honor of September 11th firefighters at the National Emergency Training Center in Emmitsburg, Maryland was financed through a complicated Ponzi scheme. The end result is that the statue will be sold in order to re-pay inventors and the artist. Read the AP story for the details on the scheme.

Comments

July 2, 2009 at 1:15 pm
(1) dearkitty says:

Interesting … but, isn’t this 21st century history, not 20th?

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