978-0-8129-6836-1 / 9780812968361

Ponzi's Scheme: The True Story of a Financial Legend


Publisher:Random House Trade Paperbacks



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About the book:

It was a time when anything seemed possibleinstant wealth, glittering fame, fabulous luxuryand for a run of magical weeks in the spring and summer of 1920, Charles Ponzi made it all come true. Promising to double investors money in three months, the dapper, charming Ponzi raised the rob Peter to pay Paul scam to an art form. At the peak of his success, Ponzi was raking in more than $2 million a week at his office in downtown Boston. Then his house of cards came crashing downthanks in large part to the relentless investigative reporting of Richard Groziers Boston Post. A classic American tale of immigrant life and the dream of success, Ponzis Scheme is the amazing story of the magnetic scoundrel who launched the most successful scheme of financial alchemy in modern history.

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