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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 · Learn about the life and crimes of Charles Ponzi, the notorious Italian-American con artist who invented the Ponzi scheme. Find out how he used international reply coupons, postage stamps, and mail fraud to amass and lose a fortune.
- Jim Probasco
Apr 2, 2014 · Charles Ponzi was arrested on August 12, 1920, and charged with 86 counts of mail fraud. Owing an estimated $7 million, he pleaded guilty to mail fraud, and subsequently...
Mar 1, 2023 · Learn about the life and crimes of Charles Ponzi, the Italian immigrant who swindled millions of investors in 1920 with a fake investment scheme. Discover how his name became synonymous with fraud and how his scheme changed the face of finance forever.
- Celeste Neill
Charles Ponzi, the namesake of the scheme, in 1920. A Ponzi scheme (⫽ ˈ p ɒ n z i ⫽, Italian:) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.
Apr 14, 2021 · Learn how Charles Ponzi, an Italian immigrant, became a notorious swindler by running a pyramid scheme that promised high returns to investors. Discover how his name became synonymous with fraud and how he was caught and imprisoned.
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...
