Ogden Standard-Examiner | 1921-02-11 | Page 10 | Agent Who Halted Ponzi Loses Suit

I lit OO AGENT WHO HALTED PONZI LOSES SUIT 1' BOSTON. Keb. 11. llow tbe flood; hb h J of money that poured Into tli CO of Charles Ponzi was stopped was re-h re-h lated at the trial of counter nulls be- tween the former promoter and W. H. . IfcMaeters, but publicity agent. ! i Judge Keating ordered the jury lo j return verdlOta In favor of I'onzl. j McMastere testified he received II $."i,00 from a local new.spa.per for a! copyrighted article August 1, in which' ! ,j 1 he asserted I'onzl was hopelessly In-1 solvent and $ 1.000 , more as a bonus i Hj j when it turned our that the article! was correct. j j "When did you suddenly determine! H, ' ! to drop Ponzl on behalf of the general I public?" he was .usked. 1 i "I had been suspicious in the first I Hi -'I' week I'onzl was Insolvent,' the wlt- r replied. "I i , om ( r. definitely to that conclusion until July ! McMastcrs te.stifb-d that while he i ; W;i i I'onzi's emplo the latter in ; , i single day took in $1. 750,000. gTi,'-i '. 'um. l" i. i