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The Numbers Game: The Ponzi Scheme everyone fell for in 1920
Manage episode 485412093 series 2467889
In 1920, Charles Ponzi pulled off one of the most infamous financial scams in history by promising massive returns through a fake investment scheme.
His name would go on to define the “Ponzi scheme,” a fraud that still traps investors today.
See omnystudio.com/listener for privacy information.
4597 episodes
Manage episode 485412093 series 2467889
In 1920, Charles Ponzi pulled off one of the most infamous financial scams in history by promising massive returns through a fake investment scheme.
His name would go on to define the “Ponzi scheme,” a fraud that still traps investors today.
See omnystudio.com/listener for privacy information.
4597 episodes
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