Lane, Charles
November 1993
New Republic;11/8/93, Vol. 209 Issue 19, p9
Reports on the prevalence of Ponzi schemes in Romania. Taxi driver Ion Suciui's reliance on a savings institution named Caritas; Economic conditions in the Romanian city of Cluj; Author's meeting with Ioan Stoica, the man behind Caritas; Relations between Hungarians and Romanians; Contributions to charity by Caritas; Innovations made to the Ponzi scheme; Closure of Caritas for two days; Pooling of savings of villagers to invest in Caritas.


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