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Charles Ponzi (/ ˈ p ɒ n z i /, Italian:; born Carlo Pietro Giovanni Guglielmo Tebaldo Ponzi; March 3, 1882 – January 18, 1949) was an Italian swindler and con artist who operated in the U.S. and Canada. His aliases included Charles Ponci, Carlo, and Charles P. Bianchi.
Feb 28, 2023 · Charles Ponzi invented the Ponzi scheme, an investment scam in which first investors are paid with money obtained from second investors.
- Jim Probasco
Apr 2, 2014 · Charles Ponzi was best known for the financial crimes he committed when he conned investors into giving him millions of dollars, and paid them returns with other...
Jan 21, 2023 · This is the story of the man behind the eponymous Ponzi scheme — a tale of financial fraud that lives up to its linguistic legacy. And we have a Planet Money guide on how to avoid being scammed...
- Nick Fountain
Many of these computer-savvy crooks have taken their cue from an Italian immigrant named Charles Ponzi, a dapper, five-foot-two-inch rogue who in 1920 raked in an estimated $15 million in eight...
May 25, 2024 · In the history of financial crime, few figures loom as large as Charles Ponzi. A charismatic Italian immigrant who rose from poverty to fleece thousands of investors out of millions of dollars, Ponzi gave his name to a notorious type of fraud that continues to ensnare victims to the present day.
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Aug 12, 2020 · In the century since his arrest on Aug. 12, 1920, Charles Ponzi’s name has been linked to the scam that led to his eventual conviction and imprisonment