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Integrity Moments · Wednesday · 1 min

The Ponzi Originator

The Ponzi Scheme was named for an Italian illegal immigrant to America named Charles Ponzi. He duped victims out of millions a century ago by selling them a bogus investment with grand promises. He paid those promises from other people’s investment, perpetuating the fraud for years. His lack of concern for his victims seems evident ... The post The Ponzi Originator appeared first on Unconventional Business Network.

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The Ponzi Scheme was named for an Italian illegal immigrant to America named Charles Ponzi. He duped victims out of millions a century ago by selling them a bogus investment with grand promises. He paid those promises from other people’s investment, perpetuating the fraud for years. His lack of concern for his victims seems evident ...

The post The Ponzi Originator appeared first on Unconventional Business Network.

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