Ponzi : the financial idiot who scammed the world

The history of the Ponzi scheme, and the story
of Charles Ponzi, the financial fraudster who
became rich and infamous with his Ponzi scam
that claimed people could get rich quick thanks
to the arbitrage of IRCs. Ponzi promised very
high returns to investors and soon millions of
dollars were being invested by those looking to
get rich as fast as possible. Imagine doubling
your money with an investment in 90 days, and
making money with no work. Well, it sounds
too good to be true, because it was..
But there was a time when the financial world
marvelled at the financial genius of Charles
Ponzi, the man who was in charge of one of the
nost successful business investments in
America. He had millions of dollars at his
lisposal and crowds of people lining up
literally begging him to take their money. Little
did everyone know that Ponzi's business was
built on nothing but lies. The whole thing was
an outrageous scam, one which turned Ponzi
into a very rich man, but ruined the lives of
thousands of innocent people. Ponzi's
deception was so shocking and infamous that
even now, a hundred years later, the scam still
shares his name - the Ponzi scheme
This video is the untold truth of the man behind
the scam, Charles Ponzi- and how to make
millions of dollars with nothing but lies. This is
part of MagnatesMedia's series on financial
fraudsters and get rich quick schemes -check
out my video on Jho Low: The man who robbed
an entire country for the first episode! #money
#rich #scam #documentary #ponzi #finance
#business #wealth #getrichquick
#makemoney