Ponzi Scheme: The Complete Origin Story | Explained Simply

The Ponzi Scheme, a scam so huge it carries his name. This is the story of Charles Ponzi, an Italian immigrant that committed a scam the world never forgot.

Although subsequent Ponzi Schemers have dwarfed the amount of money he defrauded others - Bernie Madoff being the most popular with a $50 Billion investment fraud, he brought the scam to the limelight.

In this story-documentary, We explain how the fraud works, common traits in all the schemes, and provide examples of some of the biggest Ponzi schemers. All tied within a story focused on the Ponzi himself.

The trend in this get-rich-quick scheme: a 30-day cycle, 20-100% return on investment, continuous growth, and a whole lot of salesmanship. See you in the video.

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Outtro Song:
Independence Day by DoKashiteru (c) copyright 2009 Licensed under a Creative Commons Attribution Noncommercial (3.0) license.

[abundant-goldenrod-breath]

very nice explanation, short and to the point without fluff. Thanks a lot!

[bluedancelilly]

I've watched a few videos on Ponzi and never understood it. But you explained it well. Now I understand.

[sandrocedeno]

Dude l just discovered your nice work👍

[Strongbadia_The_Free]

Thanks I was looking for a short video explaining this. Was curious who this was. Speak a little more clearly and loudly and I think you'll really take off given time.

[PerpetualArt]

This information has been around for nearly 100 years.

[SuperJ]

I couldn’t understand what you were saying - you need to take breaths in between your words 😫even the subtitles couldn’t keep up - so I’m lost

[paulmitford]

Wiki has all the Ponzi history read verbatim by the chocolate dude.
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