The term originated with Charles Ponzi, a Boston swindler who conned investors out of millions in 1920 by promising returns of up to 100% in 90 days on investments in foreign postal coupons.

The term originated with Charles Ponzi, a Boston swindler who conned investors out of millions in 1920 by promising returns of up to 100% in 90 days on investments in foreign postal coupons.

(WJAR) — Charles Ponzi would have turned 144 years old this week. Bentley University professor and creator of scamicide.com Steve Weisman says, even now – several decades after his death ...

The theater play is based on the life of Charles Ponzi. The “Ponzi scheme,” the most widespread financial scam model, devised a century ago by Charles Ponzi, the Italian adventurer who emigrated to ...