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His name is synonymous with massive fraud. Now, a new podcast. "Easy Money: The Charles Ponzi Story," delves into how and why he created the type of scam that is still perpetrated today.
The 1920s were characterised by a widespread belief in a new era of endless peace and prosperity, fuelled by rapid technological ...
But what is a Ponzi scheme? And why does it bear this name? First, you need to know a little bit about its namesake, Charles Ponzi. Anyone can work a simple swindle, but you have ...
Soon after Ponzi's arrest in 1920, IRS and prohibition agents showed up at the home and seized 75 gallons of Italian wine, 36 quarts of chianti, as well as “cordials and other fancy drinks.” ...
Opinion Column: Charles Ponzi’s fascinating twist on the American Dream — as played by Sebastian Maniscalco Rick Kogan, Chicago Tribune Wed, June 18, 2025 at 3:00 AM PDT 5 min read ...
Charles Ponzi got rich off the postal system. In 1920, Ponzi discovered the key to the ultimate get-rich-quick scheme: an international postal reply coupon worth $.05.
Charles Ponzi, father of the "Ponzi Scheme," in July 1920. His diamond stickpin alluded to wealth that proved to be less than legitimate. Boston Public Library/Leslie Jones Collection ...
Not many people have their name appropriated for a misdeed.But onetime Jacksonville sign-painter Charles Ponzi did, according to Times-Union archives from decades ago.Recent news reports tell of ...