Episode Details

It takes a special art to get something named after you, positive or negative. Such is the case with the Ponzi scheme - one of the largest and most successful scams of all time. Charles Ponzi orchestrated this scam in the early 1920s, suckering thousands of people, and swindling $20 million. This is the story of the original Ponzi scheme.

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Sources

https://www.ebsco.com/research-starters/law/ponzi-schemes

https://www.deanmead.com/wp-content/uploads/2013/01/Substantive-Consolidation-Issues-Arising-in-Ponzi-Scheme-Bankruptcy-Cases.pdf

https://postalmuseum.si.edu/exhibition/behind-the-badge-case-histories-scams-and-schemes/ponzi-scheme

Image: https://commons.wikimedia.org/wiki/File:Ponzi1920.jpg

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