• S4 Ep8: Charles Ponzi's Scheme

  • Apr 22 2024
  • Length: 44 mins
  • Podcast
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S4 Ep8: Charles Ponzi's Scheme

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  • Summary

  • Italian-born Charles Ponzi had grown up hearing from his mother that he was destined for greatness, so it was no surprise to her when she visited him in America to find him wealthy beyond her wildest dreams. Ponzi had come up with a get-rich-quick scheme that he insisted was legal. To his credit, it took federal authorities a good seven months to figure out how it wasn't. In this episode, meet the man whose name would go down in history to be synonymous with "grifter."

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