CHARLES PONZI

(1882-1949)

Finweek English Edition - - INSIGHT -

OC­CU­PA­TION:

Con­fi­dence trick­ster

ALIASES: Charles Ponci, Carlo, Charles P. Bianchi

PENALTY: Jail time 1908-1911; 1920-1922; 1927-1934. De­ported from US 1934 Promised clients a 50% profit within 45 days, or a

100% profit within 90 days.

LOSS TO IN­VESTORS: Six banks had to close

their doors ($20m).

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