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History Unplugged Podcast

America’s First Crime Boss Was Female Immigrant Philanthropist-Turned-Criminal Mastermind

History Unplugged Podcast

History Unplugged

Society & Culture, History

4.23.7K Ratings

🗓️ 1 August 2024

⏱️ 43 minutes

🧾️ Download transcript

Summary

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”—a receiver of stolen goods—and 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 Mandelbaum wasn’t just a successful crook: She was a business visionary—one 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—turning theft into a viable, scalable business.

To discuss this story is today’s guest, Margalit Fox, author of The Talented Mrs. Mandelbaum. We look at a colorful fixture of Gilded Age New York—a city teeming with nefarious rogues, capitalist power brokers and Tammany Hall bigwigs, all straddling the line between underworld enterprise and “legitimate” commerce.

Transcript

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0:00.0

It's going to hear with another episode of the History Unplugged Podcast.

0:07.0

In 1850, an impoverished 25-year-old named Frederica Mandelbaum came to New York and steerage and worked as a peddler on the streets of lower Manhattan.

0:16.8

By the 1870s she was a fixture of high society and an admired philanthropist.

0:21.3

How is she able to ascend from tenement poverty to vast wealth?

0:24.7

In the intervening years, Marm, as Manlbaum was known, had become the country's most notorious

0:30.0

offense, a receiver of stolen goods, and a criminal mastermind. By the mid-1880s, as much as $10 million

0:37.6

worth of purloined luxury goods, which is about $300 million today, had passed her

0:42.2

her lower east Side Shop.

0:44.4

She was called the nucleus and center of the whole organization of crime,

0:48.6

and she planned robberies of cash, gold, and diamonds throughout the country. Now, this was before the term organized crime even existed in law

0:56.3

enforcement vernacular and before political machines existed that connected

1:00.5

crooked politicians to mafia and everyone who took a cut in between.

1:05.0

But Meanderwab wasn't just a successful crook.

1:08.0

In one sense, she was a business visionary, one of the first entrepreneurs in America to

1:11.7

systematize the Scattershot Enterprise of Property Crime.

1:15.2

She hand-picked a group of the finest bank robbers, housebreakers, and shoplifters,

1:19.0

and handle logistics and organized supply chains, turning theft into a viable scalable business.

1:25.3

To discuss the story today's guest, Margalee Fox, author of the talented Mrs Mandelwop.

1:30.4

She means a picture of Guildilded Age in New York that

1:33.2

straddled live between Underworld Enterprise and Legitimate Commerce.

1:36.1

Hope you enjoyed this discussion.

1:38.1

And one more thing before we get started with this episode, a quick break for word from our sponsors.

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