His name is synonymous with massive fraud. Now, a new podcast. "Easy Money: The Charles Ponzi Story," delves into how and why ...

The infamous con artist started a fake real estate business in Florida after serving federal prison time for mail fraud.

Following the arrest of PACL director Gurnam Singh for allegedly defrauding investors of Rs 49,000 crore, it is more crucial ...

Ponzi scheme is named after Charles Ponzi, the first con artist to use investor funds to scam people out of money. Bernie Madoff orchestrated the largest Ponzi scheme in U.S. history.

In the case of Charles Ponzi, investors panicked after news reports appeared uncovering Ponzi's unsavory involvement in a Montreal bankruptcy. By 1921, Ponzi was in jail.

I n the century since his arrest on Aug. 12, 1920, Charles Ponzi’s name has been linked to the scam that led to his eventual conviction and imprisonment. At its essence, a Ponzi scheme involves ...

Mug shots of Charles Ponzi, Boston financial wizard, taken during his arrest for forgery under the name of Charles Bianchi. Bettmann / Corbis Editor's Note, April 14, 2021: In the wake of the ...

Ponzi Canadian-style? A pair of alleged frauds – in Alberta and Quebec – evoke once again the legacy of Charles Ponzi who, by the way, honed his skills in Montreal. Sept. 20, 2009. Sept ...

A Ponzi scheme is a kind of investment scam in which investors of longer standing are paid with the buy-in contributions of newer investors. To avoid collapse, a Ponzi scheme must secure a ...

Charles Ponzi served prison time for his infamous 1920 Ponzi scheme. Afterward, he launched a Florida land scam, selling worthless swampland as prime property.