Ponzi survives the run and pays off everyone who is seeking their return. But then state and federal regulators decide to take a second look at his business. Ponzi meets with them and tells them, you know what? I'm above board. He knows that there is going to be this moment. When people could realize that he doesn't have all the money to pay his investors back.
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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