He was able to amass a fortune of $500 million through his fraudulent activities. He was arrested in 1920 and sentenced to five years in prison. He died in 1949, leaving behind a legacy of fraud and deception.
Charles Ponzi was an Italian born con artist who was born in 1882 and is best known for starting the Ponzi scheme. Through his fraudulent activities, he was able to amass a net worth of $500 million. He was arrested in 1920 and sentenced to five years in prison, and he died in 1949. His legacy of fraud and deception lives on to this day.
Charles Ponzi is a member of Criminal
Age, Biography and Wiki
💰 Net worth: $500 million (2024)
About
Italian born con artist who started what would later be known as the Ponzi scheme.
Before Fame
He worked for the postal service and attended the University of Rome La Sapienza.
Trivia
Investors in his original Ponzi scheme lost $20 million.
Family Life
He married Rose Gnecco in 1918 despite her knowledge of his criminal past.
Associated With
Just like Jesse James , he was known for stealing money. Although Ponzi didn't use a gun.
