CNN's John Sutter has written a new book, "The Ponzi Scam," about the infamous U.S. money-laundering scheme. The author says he felt sympathy for his story because of how hard it was to stop him. He also points out some obvious red flags that may have been missed by most people who read this book.
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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