Episode 1 of 3

Official Warnings

When
30 October to 7 November 1872
Where
Munich (police statement); newspaper advertisement location unstated
Part of
Adele Spitzeder's Ponzi scheme collapses in Munich

Bavarian authorities warned customers against investing with Spitzeder in late October and early November 1872.

The Ministry of the Interior placed large-scale advertisements in a major newspaper on 30 October and 5 November 1872, warning customers to no longer invest with Spitzeder; the passages do not state where the advertisements appeared. On 7 November 1872, Munich's police issued a lengthy statement detailing the bank's lack of reliability.

Sources

  1. Adele Spitzeder Wikipedia, revision of 2026-07-24

Machine-drafted from the cited Wikipedia passages and checked by a reviewing model, not by a human editor. Every passage cites the revision it was written from; dates and places follow those passages.