Anti-Gambling Fraud: Intentional or Accidental?

1934 After Nevada legalized gambling in 1931, a faction opposed to the industry fought to have it eradicated. “A group of Nevada citizens felt there was a growing protest against the injury being done our state by gambling — not only because of the evil done in depriving needy citizens of their depressed earnings without…

The Chain Letter Of The Law

1935 Although it was a Ponzi scheme, its lure of big money was too strong for many Renoites to resist. One chain letter business, the Opportunity Club, popped up overnight as part of the nationwide craze in 1935. In five days, it garnered more than 5,000 participants (about one-quarter of Reno, Nevada’s population then). “The…