IN RE PONZI

No. 28057.

6 F.2d 324 (1925)

In re PONZI.

District Court, D. Massachusetts.

May 14, 1925.


Attorney(s) appearing for the Case

Alfred R. Shrigley, of Boston, Mass., for the Commonwealth of Massachusetts.

Clarence M. Gordon, of Boston, Mass., for trustee.


BREWSTER, District Judge.

The trustee in bankruptcy of Charles Ponzi has received, subsequent to the beginning of bankruptcy proceedings, income derived from deposits in national banks and from mortgages and loans constituting a part of the bankrupt's estate. It is conceded that about 80 per cent. in amount of the claims allowed have been proved by creditors residing in Massachusetts. The statutes of Massachusetts provide that income described as interest from bonds...

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