
Ferdinand Ward
American Ponzi scheme swindler and conman

American Ponzi scheme swindler and conman
Ferdinand De Wilton Ward Jr. (1851–1925) was an American swindler. The collapse of his Ponzi scheme caused the Panic of 1884 and the bankruptcy of notables including Thomas Nast and Ulysses S. Grant, who had joined his son, Ulysses S. "Buck" Grant. Jr., as a partner in Ward's banking business.
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