One question I get asked frequently by potential clients who come in suspecting that they have been scammed is whether they ...

Charles Ponzi started a legitimate venture in 1919 related to buying postage stamps in one place and selling them at a higher price in another location. This process was legal. At some point ...

Related episodes: Charles Ponzi's scheme For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez.

It is called a Ponzi scheme, named after one of Wall Street’s most famous fraudsters Charles Ponzi in the 1920s, and replicated by many others in the decades since then. Every time the story ...

Below, World Finance examines five of the biggest financial scandals ever to take place. In 1919, Charles Ponzi, an Italian immigrant living in Boston, came up with a scheme to get rich that involved ...

Asked about the Biden-appointed former Social Security commissioner Martin O'Malley's recent prediction that a system collapse and an interruption of benefits could come within the next 30-90 days, ...

The endeavor is named after Charles Ponzi, an Italian con artist who performed such a scheme in the 1920s in the United States, costing his investors about $20 million. Ponzi’s scam wasn’t the ...

ONE hundred and fifty years after Charles Dickens wrote in Little Dorritt about London investors succumbing to the fraudulent investment schemes of Mr. Merdle’s bank, trusting victims are still ...