Hanover Trust Company
The Hanover Trust Company was a private American bank of the 1920s. Its offices were located in Boston, Massachusetts.[1]
It became infamous initially for turning down Charles Ponzi for a loan of 2,000 dollars[2] (for his IRC scheme) in 1919, and subsequently for being bought up by Charles Ponzi in July 1920.
References[]
- ^ Zuckoff, Mitchell (10 January 2006). Ponzi's scheme - the true story of a financial legend. New York: Random House Trade Paperbacks. ISBN 0812968360.
- ^ Robert Palestini (2 December 2011). Leadership with a Conscience: Educational Leadership as a Moral Science. R&L Education. p. 101. ISBN 978-1-61048-395-7.
Categories:
- 1920 in the United States
- History of Boston
- United States bank stubs