Ep 33: Getting rich quick always works: The story of Charles Ponzi
We start off this week with the story of the man whose scam was so good they named it after him - the infamous Charles Ponzi. If it’s too good to be true, it’s probably not true unless you can get in and get out really quickly - then you might benefit! Farz also notes that the first “Ponzi Scheme” was actually committed by Sarah Howe in Boston in 1879 - but a Howe Scheme doesn’t have the same ring to it. Instagram: https://www.instagram.com/doomedtofailpod/ Facebook: https://www.facebook.com/doomedtofailpod Youtube: https://www.youtube.com/@doomedtofailpod Email: [email protected]
Doomed to Fail · Farz Sokhansanj, Taylor Pineiro
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Show Notes
We start off this week with the story of the man whose scam was so good they named it after him - the infamous Charles Ponzi. If it’s too good to be true, it’s probably not true unless you can get in and get out really quickly - then you might benefit!
Farz also notes that the first “Ponzi Scheme” was actually committed by Sarah Howe in Boston in 1879 - but a Howe Scheme doesn’t have the same ring to it.
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Email: [email protected]