The con artist synonymous for scams and swindles was once acclaimed for his financial brilliance before his bubble burst.
In the summer of 1920, Ponzi was front-page news virtually every day in the Boston papers. But prior to 1920, few people outside Boston's Italian community had ever heard of Charles Ponzi. He told the ...
Over a century ago, Charles Ponzi gained infamy with a return-postage-coupon scheme in which he promised quick riches to investors — instead using money from new investors to provide supposed returns ...
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