Jump to navigation Jump to search This article is about the man. For the fraudulent business scheme named after him, quinn norton bitcoin Ponzi scheme. Italian swindler and con artist in the U.
His aliases include Charles Ponci, Carlo, and Charles P. Ponzi may have been inspired by the scheme of William F. Charles Ponzi was born in Lugo, Italy, in 1882. He told The New York Times that he had come from a family in Parma, Italy. His ancestors had been well to do, and his mother continued to use the title “Dona”, but the family had subsequently fallen upon bad days and had little money.
On November 15, 1903, he arrived in Boston aboard the S. 50 in his pocket, having gambled away the rest of his life savings during the voyage. 1 million in hopes, and those hopes never left me,” he later told The New York Times. This section needs additional citations for verification. In 1907, after some years of failing to do well in the USA, Ponzi moved to Montreal and became an assistant teller in the newly opened Banco Zarossi, a bank started by Luigi “Louis” Zarossi to service the influx of Italian immigrants arriving in the city.