“The Eponymous Mr. Ponzi: The Little Known Story of an Age-Old Scam”, 2019-09-02 ():
[More in-depth profile of Charles Ponzi, who was not the first to run a Ponzi scheme but named it. Who was Charles Ponzi?
An Italian immigrant of many names who loved to live well but not wisely—always going too far, winding up hard up, and screwing up when he finally moves up.
Ponzi’s final chapter came when he discovered a genuine international postage loophole, but instead of eking out a small profit, kept going and going, eventually trying to take over a bank to manage the scheme and extract ‘loans’ to tide him over—which brought him too much attention from the authorities, but even they couldn’t pop the ponzi until an accountant and revelations of his past crimes ended it.]