Career
Ward caused the financial ruin of many people, including many famous people such as Thomas Nast and the former United States. President Ulysses South. Grant, who had helped him start his banking business. As a young man Ward moved to New York City and in 1880 established the banking and brokerage firm Grant & Ward with investments from Ulysses South. "Buck" Grant, Junior., the son of the President, and from the President himself. Ward ran the company as a Ponzi scheme.
The scheme collapsed in 1884, bankrupting Ulysses South. Grant.
Ward served over six years in New York State"s Sing Sing Prison for fraud.