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

By: Mitchell Zuckoff

Published January 10th 2006 by Random House Trade Paperbacks (first published 2004)

Category: Business

Pages: 416 pages

ISBN: 9780812968361

Description:
It was a time when anything seemed possibleÐinstant wealth, glittering fame, fabulous luxuryÐand for a run of magical weeks in the spring and summer of 1920, Charles Ponzi made it all come true. Promising to double investorsÕ money in three months, the dapper, charming Ponzi raised the Òrob Peter to pay PaulÓ 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 downÐthanks in large part to the relentless investigative reporting of Richard GrozierÕs Boston Post. A classic American tale of immigrant life and the dream of success, PonziÕs Scheme is the amazing story of the magnetic scoundrel who launched the most successful scheme of financial alchemy in modern history.