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

11K . 2 020 marked 100 years after Charles Ponzi was charged for committing what some have referred to as the “fraud of the century”. Indeed, there are not many criminals who have their work named ...

In 1903, Charles Ponzi was a poor Italian immigrant with two dollars to his name — then he invented the Ponzi scheme and became a multimillionaire almost overnight. In 1920, Charles Ponzi swindled ...

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 ...

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 ...

Charles Ponzi's original scheme in 1919 was focused on the US Postal Service. The postal service, at that time, had developed international reply coupons that allowed a sender to pre-purchase ...

Ponzi did some calculations: If one U.S. dollar could purchase five IRCs in Boston, it could buy sixty-six IRCs in Rome, once the dollars were exchanged for the severely devalued Italian lira.

Discover showtimes, read reviews, watch trailers, find streaming options, and see where to watch Mr. Ponzi and His Scheme (1999). Explore cast details and learn more on Moviefone.