Podcast of the Day- Ponzi’s Scheme

Ponzi's Scheme: The True Story of a Financial Legend
“Before Charles Ponzi (1882-1949) sailed from Italy to the shores of America in 1903, his father assured him that the streets were really paved with gold and that Ponzi would be able to get a piece. Mitchell Zuckoff, Professor of Journalism at Boston University and former reporter and Pulitzer Prize finalist for the Boston Globe, observes in his engaging and fast-paced biography, Ponzi learned as soon as he disembarked that though the streets were often cobblestone, he could still make a fortune in a culture caught in the throes of the Gilded Age. Learn about Ponzi's mercurial rise and fall as he conjured up one get-rich-quick scheme after another. Zuckoff reveals how the Boston Post uncovered this 'robbing Peter to pay Paul' system (as it was then known), and how Ponzi's life unraveled.”

Pyramid Scheme Warning (this post had generated some lively comments)

THE PERFECT MARK; How a Massachusetts psychotherapist fell for a Nigerian e-mail scam

Charles Ponzi, we hardly know ye

Common Fraud Schemes


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This page contains a single entry by Paul published on November 13, 2006 3:54 PM.

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