Ponzi Schemes Unraveled

This chapter explores the mechanics and implications of Ponzi schemes, highlighting their reliance on new investors for returns and drawing parallels to pyramid schemes. It humorously connects these financial deceptions to popular culture and the infamous figure Charles Ponzi, examining his life, ambitions, and the moral dilemmas surrounding his rise and fall. Through an engaging narrative, the discussion intertwines comedy with serious critiques of financial misconduct and immigrant experiences.