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Flashback: Leo Koretz was Chicago's very own Ponzi

Published: March 5, 2021

Leo Koretz got burned by a sham investment, which clued him in to the fast track to illicit wealth: Dupe investors with phony land deals, then sustain the charade by recruiting more investors and robbing Peter to pay Paul. He was Chicago's very own Charles Ponzi.

Source: chicagotribune.com

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