Detailed text transcripts for TV channel - DW - 20190129:05:37:00
Money he won to pay back the loans including an interest. it was a snowball system and it worked pretty well for a time and when he built something of an empire yeah he set up racing teams with his own jockeys and i. he had offices across the city and people flocked to them. and over again word of a million people interested cantor with their savings and used the money to buy up famous cafes and turn them into betting shops but in september one thousand nine hundred twenty one the bubble burst. on loftus eventually the whole thing collapsed says when he was arrested people gathered outside pol...