“Accumulate! Accumulate! That is Moses and the Prophets!”. The signs, it is almost trite to observe, were there. Charles Ponzi arrived as an almost penniless Italian immigrant in Boston in 1903, having lost all his money to a card shark en voyage and owning only a ticket via New York to meet his relatives in Pittsburgh. He bumped through a series of clerical and menial jobs before winding up in a Montreal jail, claiming that the banking fraud that had put him there was all a big misunderstanding, probably the fault of one of his love rivals, and that he would one day be avenged. After being encouraged to seek his fortune outside the Dominions of Canada, he headed back to the USA in the company of a party of illegal immigrants, which resulted in another short jail sentence.