Ponzi: The Financial Idiot Who Scammed the World

The history of the Ponzi scheme, and the story of Charles Ponzi, the financial fraudster who became rich and infamous with his Ponzi scam that claimed people could get rich quick thanks to the arbitrage of IRCs. Ponzi promised very high returns to investors and soon millions of dollars were being invested by those looking to get rich as fast as possible. Imagine doubling your money with an investment in 90 days, and making money with no work. Well, it sounds too good to be true, because it was...

Courtesy of MagnatesMedia on YouTube. Watch on YouTube ↗

More History & War Documentaries

Disney's FastPass: A Complicated History2021•1h 42m•HD•★9.2The Dyatlov Pass Case2021•41m•HD•★9.1The Vanishing of Flight 3702022•39m•HD•★9.1The Battle of Chile1975•1h 36m•HD•★8.9Rise of the Knights Templar2023•24m•HD•★7.6Legends of the Pharaohs - Episode 4: Akhenaton, the Enigma - Free Documentary History2025•51m•HD•★8.2The Untold Story of the 1381 Peasants Revolt2018•53m•HD•★8.0Gorbachev's USSR: The Events That Led to the Collapse of the Soviet Union2023•52m•HD•★8.0The Great Illusion of North Korea: Inside a Totalitarian State2021•50m•HD•★8.0Norman Kingdom in Italy - Animated Historical Medieval 4k DOCUMENTARY2023•1h 40m•4K•★7.8Chariots Of The Gods (1970)1970•2h 32m•HD•★7.7The Aftermath Of The Worlds Deadliest Volcanic Eruptions | Code Red | Wonder2023•50m•HD•★7.7