The recent arrest of Sonoma developer Ken Mattson and the unsealing of a federal indictment alleging a long-running “Ponzi ...

A profile of the infamous inventor of the scam that bears his name Fact checked by Vikki Velasquez Reviewed by Khadija Khartit Although few people outside finance circles know who Charles Ponzi ...

Investment scammers are often one step ahead of their targets. Use these tools to protect your money and yourself.

An Italian immigrant who arrived in the United States in 1903 with just $2.50 in his pocket, Charles Ponzi ascended from obscurity to dizzying wealth seemingly overnight. But under the surface of ...

is a Ponzi scheme, and who is it named for? The investment scheme is named after Italian-born businessman and con artist Charles Ponzi, who swindled victims in the U.S. and Canada. Ponzi arrived in ...

Charles Ponzi was down on his luck. In 1919, the Italian immigrant had spent a decade and a half in the U.S. He was looking for a way to get rich and tried his hand at everything — including ...

That's when the Ponzi scheme collapses. The Ponzi scheme gets its name from a swindler named Charles Ponzi, who in 1920 became a millionaire by promoting a nonexistent investing opportunity.

April 23 (UPI) --Apple TV+ announced a new podcast series, Easy Money: The Charles Ponzi Story, which will feature the voice of comedian and actor Sebastian Maniscalco as the infamous scammer.

The term originated with Charles Ponzi, a Boston swindler who conned investors out of millions of dollars in 1920 by promising returns of up to 100% in 90 days on investments in foreign postal ...

Charles Ponzi in 1927. The swindler was so infamous his name became synonymous with a certain type of financial scam. (Bettmann Archive/Getty Images) On Aug. 12, 1920, Charles Ponzi was arrested ...