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Things I Learned Last Night

Charles Ponzi

Things I Learned Last Night

Space Tim Media

Comedy, Education, History

4.6673 Ratings

🗓️ 7 February 2023

⏱️ 40 minutes

🧾️ Download transcript

Summary

For as long as there has been money to be earned, there have been scammers ripping people off. Some scams are low-profile and unelaborate. Others make a prolific status that cements it in the public mind for years, like pyramid schemes. One such scam that surfaces time and again is the Ponzi Scheme. The fraud's namesake, Charles Ponzi, may not have invented the scam, but he did take it to a new height. Even after getting caught and serving jail time for his crimes, Ponzi attempted to defraud the public. In this episode of Things I Learned Last Night, we look at the life of Charles Ponzi, the Ponzi scheme's father. Things I Learned Last Night is an educational comedy podcast where best friends Jaron Myers and Tim Stone talk about random topics and have fun all along the way. If you like learning, and laughing a whole lot while you do, then you’ll love TILLN. Watch or listen to this episode today! Become a Patron and Get Early Access to Ad-Free Episodes: https://www.patreon.com/tillnpodcast Episode Link: https://tilln.com/ponzi Want to Support TILLN: https://linktr.ee/tillnpodcast Text TILLN to 66866 to become a patron and gain access to ad-free episodes, the exclusive discord, and earn discounts on TILLN Merch. Advertise with us: https://bit.ly/3FdZirY Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey man.

0:00.9

What's up?

0:02.4

Oh, have you ever heard of Charles Ponzi?

0:06.4

Like the original Ponzi scheme?

0:08.0

Is that what this is?

0:08.9

Yeah.

0:09.5

Really? Is that what that is?

0:10.5

Yeah, yeah.

0:10.9

Oh, wow.

0:11.2

That's the guy that's named after Charles Ponzi.

0:12.8

I would hate for something like that to be named after me, you know?

0:16.5

I mean, unless, like, you thought of it.

0:19.0

Unless you did it. Like, if you thought of that, like, you'd be pretty proud.

0:21.4

Here's a picture of him.

0:22.6

I just want to acknowledge how terrifying his eyes look in this.

0:25.5

This is the music man.

0:27.0

This is straight up, just for a listener, like picture Harold Hill, the music man.

0:32.4

Yeah, yeah, yeah.

0:33.0

That's, I didn't realize that's, is that the time era that the Ponzi scheme was running? Yeah.

0:38.5

Yeah. It was like the, what, the 30s and 40s?

0:40.6

Mm-hmm.

0:41.2

Wow.

...

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