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2min chapter
Charles Ponzi’s Schemes
Stuff You Missed in History Class
Ponsey's Life Story
Ponsey posted notices in multiple languages that started with phrases like, do you want to get rich quick? He boasted about a whole network of people in europe who were buying coupons on his behalf and a confidential method of exchanging them for cash in the us. As words spread and his business grew, ponsey hired a secretary and a sales team and opened satellite offices in other parts of the northeastern us. Ponsey also indulged in various luxuries, like buying a car and then upgrading that to a limousine with a hired driver.
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