
Charles Ponzi: The Short Italian with a Long Con
Losers, Pretenders & Scoundrels
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The Rise and Fall of a Ponzi Scheme
This chapter explores the inception and explosive growth of a Ponzi scheme, detailing the initial legitimacy and the charlatan's charisma that drew in investors. It highlights the mathematical unsustainability and desperate maneuvers taken by the con artist to sustain the fraud until the inevitable collapse. The narrative culminates in the legal ramifications and personal tragedies faced by the perpetrator as the scheme unravels under scrutiny.
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