Kreuger & Toll - Famous Fraud - 1928

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Beautifully engraved certificate from the Kreuger & Toll issued in 1928. This historic participating debenture has an ornate border around it. This item has printed signatures of the company's officers and is over 74 years old. Ivan Kreuger, a Swede, was the famous "match king" who acquired monopolies to sell matches in various countries around the world. He controlled various operating companies through a pyramid-based holding company. When the pyramid tottered at the start of the Great Depression, Kreuger took his life.