Charles Ponzi quotes


Charles Ponzi, an infamous Italian con artist, is best known for his fraudulent investment scheme known as the "Ponzi scheme." Born in Parma, Italy in 1882, Ponzi immigrated to the United States in the early 1900s. He carried out his scam in the 1920s, promising investors extraordinary returns through international postal reply coupons. Despite initial success, the scheme ultimately collapsed, leading to Ponzi's arrest and imprisonment. Learn more about the rise and fall of this notorious financial fraudster.