By the time he reached his third stretch in prison, Carlo “Charlie” Ponzi was an American celebrity. In a single remarkable year, 1920, the smooth-talking Italian immigrant made money as fast as anyone, ever. In a matter of months, he took in more than $15 million ($200 million today); but by year’s end he had also been arrested, indicted and convicted for a scheme that came to bear his name.
Oct 1, 2021 12:10 AM CDT