One question I get asked frequently by potential clients who come in suspecting that they have been scammed is whether they ...
Charles Ponzi started a legitimate venture in 1919 related to buying postage stamps in one place and selling them at a higher price in another location. This process was legal. At some point ...
Related episodes: Charles Ponzi's scheme For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez.
Below, World Finance examines five of the biggest financial scandals ever to take place. In 1919, Charles Ponzi, an Italian immigrant living in Boston, came up with a scheme to get rich that involved ...
ONE hundred and fifty years after Charles Dickens wrote in Little Dorritt about London investors succumbing to the fraudulent investment schemes of Mr. Merdle’s bank, trusting victims are still ...