Ponzi : the man and his legendary scheme
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Ponzi : the man and his legendary scheme
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It was a time when anything seemed possible, and for a few weeks in 1920, Charles Ponzi made it all come true. Promising to double investors' money in three months, the dapper, charming Ponzi raised the "rob Peter to pay Paul" scam to an art form. Ponzi was a likable man. His intentions were noble, his manners impeccable, his sales pitch enchanting. Born to a genteel Italian family, he immigrated to the United States with big dreams but no money. Only after he fell hopelessly in love did Ponzi light on the means to make his dreams come true. At the peak of his success, he was taking in more than $2 million a week. And then his house of cards came crashing down--thanks in large part to the relentless investigative reporting of the Boston Post.--From publisher description.
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