Just who was the man whose name has become synonymous with the classic rob-Peter-to-pay-Paul scam in which money from new investors is used to reward earlier ones? In December 1919, he was an unknown thirty-eight-year-old, self-educated Italian immigrantwith a borrowed two-hundred dollars in his pocket. Six months later, he was Bostons famed wizard of finance, lionized by the public and politicians alike. Based on exclusive interviews with people who knew Charles Ponzi, lent him their money, and exposed him, Donald DunnsPonzi recreates both one of Americas most notorious and colorful financial con artistsand the mad money-hungry era in which he thrived.
The Incredible True Story of the King of Financial Cons