Word: detroit
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Dates: during 1940-1949
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Boston 1, Detroit...
Twelve Nights in a Club. The Pyramid Friendship Club game had swept east to Detroit from Southern California. The clubs operate like chain letters, but with one notable exception-to avoid using the mails, members meet and exchange money at nightly parties...
...areas of the U.S. where it had taken root, feverish armies of men & women talked of little else; they recruited friends and set out for pyramid parties nightly like grain plungers trying to corner the wheat market. Calls on some suburban Detroit exchanges rose...
...Customers. The Pyramid Club idea also attracted a glib throng of amateur and professional confidence men -there were numerous ways of sidetracking money during its hand-to-hand progression toward the top of the pyramid. In Detroit, Assistant Prosecutor Ralph Garber said: "There are enough innocent people winning from $800 to $1,500 to keep the chain process alive. But I have yet to find anyone who has won the $4,096." But newspapers which warned against Pyramid Clubs or prosecutors who tried to break them up, quickly discovered that the pyramiders had no wish to be saved...
...York 3, Detroit...