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Everything Everywhere Daily: History, Science, Geography & More

Charles Ponzi and His Scheme (Encore)

Everything Everywhere Daily: History, Science, Geography & More

Gary Arndt

Education, History

4.7 • 2.3K Ratings

🗓️ 17 June 2024

⏱️ 16 minutes

🧾️ Download transcript

Summary

In January 1920, an Italian American businessman in Boston started a new company. In order to raise money, he took $100 investments from 18 people and offered them a fabulous return on their money in only 45 days, and he delivered on his promise.  Soon people were lining up to give him their money and everything worked great…. …until it didn’t. Learn more about Charles Ponzi, the man whose name is synonymous with fraud, on this episode of Everything Everywhere Daily. Sponsors Available nationally, look for a bottle of Heaven Hill Bottled-in-Bond at your local store. Find out more at heavenhilldistillery.com/hh-bottled-in-bond.php Sign up today at butcherbox.com/daily and use code daily to choose your free offer and get $20 off. Visit BetterHelp.com/everywhere today to get 10% off your first month. Use the code EverythingEverywhere for a 20% discount on a subscription at Newspapers.com. Visit meminto.com and get 15% off with code EED15.  Listen to Expedition Unknown wherever you get your podcasts.  Get started with a $13 trial set for just $3 at harrys.com/EVERYTHING. Subscribe to the podcast!  https://link.chtbl.com/EverythingEverywhere?sid=ShowNotes -------------------------------- Executive Producer: Charles Daniel Associate Producers: Ben Long & Cameron Kieffer   Become a supporter on Patreon: https://www.patreon.com/everythingeverywhere Update your podcast app at newpodcastapps.com Discord Server: https://discord.gg/UkRUJFh Instagram: https://www.instagram.com/everythingeverywhere/ Facebook Group: https://www.facebook.com/groups/everythingeverywheredaily Twitter: https://twitter.com/everywheretrip Website: https://everything-everywhere.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

The following is an encore presentation of Everything Everywhere Daily.

0:04.0

In January 1920, an Italian American businessman in Boston started a new company.

0:12.0

In order to raise money he took

0:14.1

$100 investments from 18 people and offered them a fabulous return on their money in

0:18.8

only 45 days and he delivered on his promise. Soon people were lining up to give him their money and everything worked great.

0:26.0

Until it didn't. Learn more about Charles Ponzi, the man whose name is synonymous with fraud, on this episode of Everything Everywhere Daily. I feel like I'm missing out because it seems like everyone is either starting a

0:50.5

side hustle or becoming their own boss and you know what they're hearing a lot

0:55.1

that's the sound of another sale on Shopify the all-in-one commerce platform to

1:01.6

start run or grow your business.

1:04.4

Shopify is the commerce platform revolutionizing millions of businesses

1:08.3

worldwide.

1:09.3

Whether you're selling books or bracelets or donuts or dresses. Shopify simplifies selling online and in

1:15.8

person so you can successfully grow your business. Covering all your sales channels from a shop front

1:21.8

ready POS system to its all-in-one e-commerce

1:25.4

platform. Shopify even gets used selling across social media marketplaces

1:29.9

like Facebook, Instagram and Tik-Tock.

1:33.0

Full of the industry leading tools ready to ignite your growth.

1:36.0

Shopify gives you complete control over your business and your brand

1:41.0

without learning new skills in design or coding. We all have a moment where we revolutionize

1:46.4

our business. My name's Andrew Gold. I'm a British journalist and I only recently turned

1:50.9

my podcast Hertics into a thriving business recently. only recently and Shopify is exactly the kind of thing that takes you from

1:57.9

idea and concept into the land of success and entrepreneurship and a whole lot of kaching.

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