The Talented Mrs. Mandelbaum: The Rise and Fall of an American Organized-Crime Boss (2024)by Margalit Fox

The Talented Mrs. Mandelbaum: The Rise and Fall of an American Organized-Crime Boss (2024)by Margalit Fox

In 1850, an impoverished twenty-five-year-old named Fredericka Mandelbaum came to New York in steerage and worked as a peddler on the streets of Lower Manhattan. By the 1870s she was a fixture of high society and an admired philanthropist. How was she able to ascend from tenement poverty to vast wealth?

In the intervening years, ¡°Marm¡± Mandelbaum had become the country¡¯s most notorious ¡°fence¡±¡ªa receiver of stolen goods¡ªand a criminal mastermind. By the mid-1880s as much as $10 million worth of purloined luxury goods (nearly $300 million today) had passed through her Lower East Side shop. Called ¡°the nucleus and center of the whole organization of crime,¡± she planned robberies of cash, gold and diamonds throughout the country.

But Mrs. Mandelbaum wasn¡¯t just a successful crook: She was a business visionary¡ªone of the first entrepreneurs in America to systemize the scattershot enterprise of property crime. Handpicking a cadre of the finest bank robbers, housebreakers and shoplifters, she handled logistics and organized supply chains¡ªturning theft into a viable, scalable business.

The Talented Mrs. Mandelbaum paints a vivid portrait of Gilded Age New York¡ªa city teeming with nefarious rogues, capitalist power brokers and Tammany Hall bigwigs, all straddling the line between underworld enterprise and ¡°legitimate¡± commerce. Combining deep historical research with the narrative flair for which she is celebrated, Margalit Fox tells the unforgettable true story of a once-famous heroine whose life exemplifies America¡¯s cherished rags-to-riches narrative while simultaneously upending it entirely.

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