It was a time when anything seemed possibleβinstant wealth, glittering fame, fabulous luxuryβand for a run of magical weeks in the spring and summer of 1920, Charles Ponzi made it all come true. Promising to double investorsβ money in three months, the dapper, charming Ponzi raised the βrob Peter to pay Paulβ scam to an art form. At the peak of his success, Ponzi was raking in more than $2 million a week at his office in downtown Boston. Then his house of cards came crashing downβthanks in large part to the relentless investigative reporting of Richard Grozierβs Boston Post. A classic American tale of immigrant life and the dream of success, Ponziβs Scheme is the amazing story of the magnetic scoundrel who launched the most successful scheme of financial alchemy in modern history.
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