Where did the term ponzi scheme come from

Answer

Charles Ponzi became notorious for using the 'ponzi' technique after emigrating from Italy to the United States in 1903. ChaCha!

Source: Ponzi Scheme | www.investopedia.com

Oct 31, 09:30pm

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Ponzi Scheme gets its name from Charles Ponzi, who raised over $1 million in three hours in 1921 in a phony investment scheme.

Apr 23 2009, 06:40pm | Source: The Original Ponzi Scheme: Charles Ponzi's Name Means Investment Fraud Today | white-collar-crime.suite101.com

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