Unraveling the Ponzi Scheme History

Exploring the origins and operations of Ponzi schemes, including the infamous case of Bernie Madoff's scheme, along with a comparison to pyramid and MLM schemes. The chapter provides insights into Charles Ponzi's life, his journey to America, and the intricacies of his get-rich-quick scheme. It also humorously contrasts the elaborate nature of fraudulent schemes with the challenges of legitimate work.