Ponzi's Scheme
Archival Summary & Scope
In the roaring spring and summer of 1920, Charles Ponzi promised investors fabulous wealth, doubling their money in three months. The dapper, charming immigrant built a "rob Peter to pay Paul" scam into a financial empire, raking in over $2 million weekly from his Boston office. This house of cards inevitably crumbled, exposed by the relentless investigative journalism of Richard Grozier’s *Boston Post*. *Ponzi's Scheme* explores this classic American tale of ambition and illusion, chronicling the magnetic scoundrel behind modern history's most successful financial swindle.Categorization Notes
This literature has been indexed in the Read For Truth database under the primary pillar of True Crime. It is cataloged here based on its relevance to established secondary research, thematic focus, and educational utility within this specific taxonomy.