The Ponzi Scheme is one of crime the most infamous financial scams in history — and it all started with bellingham Charles Ponzi.
In the early 1920s, Ponzi became a millionaire almost overnight, convincing thousands of Americans to invest their savings in what he claimed was a revolutionary business model. Newspapers praised him. Banks trusted him. Ordinary people believed him.
But behind the success was one of the largest financial scams America had ever seen.
This documentary explains:
Who Charles Ponzi really was
How the original Ponzi Scheme worked
Why people fell for the scam
How Ponzi went from millionaire to broke and forgotten
Why modern scams still follow the same Ponzi formula torino - sassuolo today
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