Charles Ponzi: Then and Now

October 17, 2016 4:50pm

Neal Levin
Partner
Freeborn & Peters LLP (USA)

In terms of today’s dollars, Ponzi’s short-lived scheme would have been one of the largest in history, right up there with Madoff. Though we all know that fraud and even Ponzi schemes existed well before the namesake financial crime, this presentation looks at how Charles Ponzi came to be etched into history and celebrity. Understanding the economic landscape and mind set of the Roaring 20s and how Ponzi tried to cash-in on that boon presents a fascinating overlay to the mad rash of fraud cases seen over the past 9 years.