Charles Ponzi: The Man Who Invented the Con

He arrived in America with two dollars and fifty cents. He invented a financial crime so perfectly replicable that over a century later it still carries his name. And he died in a charity hospital in Brazil with seventy-five dollars to his name.This episode of Dark Money: True Crime Finance goes back to the original — Charles Ponzi, the international reply coupon scheme, and the summer of nineteen twenty when a line of investors stretched around the block in Boston to hand over their savings. We examine why his scheme still works in identical form a hundred years later and what it says about the oldest weakness in human financial behaviour.Subscribe to Dark Money: True Crime Finance for new episodes daily