Artwork

Why Do We Call It A Ponzi Scheme?

World's Greatest Con

556 subscribers

published

iconShare
 
Manage episode 521497879 series 2939387
Content provided by Dog And Pony Show Audio and Pony Show Audio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dog And Pony Show Audio and Pony Show Audio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Charles Ponzi conducted a financial fraud so audacious he became the biggest brand name in crime. Yet most people don’t know what he actually did and those who do are often hard-pressed to explain why it was special.


So why, more than 100 years later, do we call so many financial scams a Ponzi scheme?


Brian tells the story of a poor boy from Italy whose name is still on the lips of everyone worried they’re about to be made a sucker.


BROUGHT TO YOU BY:

110.ScamStuff.com


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

33 episodes