Mitch says Ponzi was working at a mining camp in Appalachia when there was a terrible accident. A nurse named Pearl was burned when a gas stove burst. Gang Green is sitting in and so Ponzi says, how can you help her? He wanted to try it, but he couldn't find anyone who'd give up their skin to save this woman. It's an incredible story and it doesn't fit the picture I have of Ponzi," Mitch said.
Some of history's biggest financial scams owe their name to Charles Ponzi. Here's the story of the man behind the eponymous scheme.
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