How the 1920s Ponzi Scheme Destroyed Thousands of Americans | Boring History for Sleep
Автор: The Snoozetorian
Загружено: 2026-02-28
Просмотров: 219
Описание:
In 1920, one man’s promise of easy wealth spiraled into one of the most infamous financial disasters in American history. Charles Ponzi convinced thousands of everyday investors that he had discovered a fool-proof way to turn small investments into huge profits, luring them with promises of 50% returns in just 45 days. What seemed like a breakthrough opportunity was actually a fraud rooted in paying early investors with money from later ones, a tactic that worked only as long as new money kept flowing in.
At its peak, Ponzi’s scheme drew in roughly $15–20 million from tens of thousands of Americans, many of whom mortgaged homes or invested life savings in the dream of quick riches. When investigative reporting and government scrutiny exposed the fraud in mid-1920, the scheme collapsed almost overnight. Investors were left with losses that wiped out personal wealth, devastated families, and shook public trust in emerging financial markets.
Resources:
Charles Ponzi and the Origins of the Ponzi Scheme – Smithsonian National Postal Museum – https://postalmuseum.si.edu/exhibitio...
The Shady, Get-Rich Scams of the Roaring Twenties – HISTORY – https://www.history.com/articles/roar...
Charles Ponzi: The Rise and Fall of a Financial Fraud – HistoryTools.org – https://www.historytools.org/stories/...
Повторяем попытку...
Доступные форматы для скачивания:
Скачать видео
-
Информация по загрузке:
