Ponzi Scheme (The True Story of a Financial Genius)

Author: (USA) Zuckoff, M. (Author), translated by Zhang Zhili
Publisher:
Publishing Date: Not available
Features: This book tells the extraordinary life of the legendary con artist Charles Ponzi, who orchestrated one of the most famous scams in the history of American finance. In the spring and summer of 1920, Ponzi promised to double investors' money within three months and then use the funds from later investors to pay back the principal and interest to earlier ones. With his magic-like "robbing Peter to pay Paul" trick, he swindled hundreds of millions of dollars in just a few weeks.