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Episode 96: Charles Ponzi, the Man Behind the Scheme

WikiSleep
WikiSleep
Episode • Jul 29, 2021 • 42m
Charles Ponzi was an Italian con artist who became known in the early 1920s as a swindler in North America for his a fraudulent money-making scheme in which he paid old investors with new investors’ money. The scheme, which defrauded countless people of their life savings, was not originally invented by Ponzi, but became so identified with him that it now is referred to as a "Ponzi scheme." #WikiSleep #Sleep #Ponzi #MentalHealth #SleepStories

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