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Letter: Greatest Ponzi scheme ever is bilking of taxpayers, he says

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TO THE EDITOR:

International Reply Coupons.

If you are not familiar with that term, you should educate yourself. These coupons, known as IRCs, were the basis of the original Ponzi scheme.

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Charles Ponzi figured out how to build upon the age-old pyramid scam to bilk investors. Even though Ponzi went to jail for his crime, he left us the legacy known as the "Ponzi Scheme."

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