An investment scheme that’s become a cliched mystery plot attracts new interest in the digital age.
Most everyone reading this will probably not know what a tontine is, but they’re likely familiar with the concept. For example, a small circle of people are in a pool to determine the inheritor of a fortune and members of that circle start turning up dead. Sound familiar?
Tontines, according to the Washington Post, once represented a majority of the American insurance market, holding 7.5 percent of the nation’s wealth. Its name derives from an Italian banker who proposed the idea as a means of r...
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