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The changer offers to buy only large US currency, typically, a 100 dollar bill. As soon as the victim (the "mark") shows his $100 bill, the changer will actually count out and clearly show the promised amount of local currency. He then will push the local currency into the hands of the "mark" and urge they be counted as he takes the $100.
Charles Ponzi was born in Lugo, Emilia-Romagna, Kingdom of Italy on March 3, 1882.He told The New York Times he had come from a family in Parma.Ponzi's ancestors had been well-to-do, and his mother continued to use the title "donna", but the family had subsequently fallen upon difficult times and had little money. [3]
The solution appears very obvious if the owner withdraws every day only $10 from $50. To add up 40 + 30 + 20 + 10 using the same pattern from above would be too obviously wrong (result would be $100). The answer to the question, "Where did the extra dollar come from?” can be found from consecutively adding the bank rest from three different days.
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