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Crimes of the Centuries

S4 Ep8: Charles Ponzi's Scheme

Crimes of the Centuries

Amber Hunt and Audioboom

True Crime, Documentary, Society & Culture, History

4.63.8K Ratings

🗓️ 22 April 2024

⏱️ 44 minutes

🧾️ Download transcript

Summary

Italian-born Charles Ponzi had grown up hearing from his mother that he was destined for greatness, so it was no surprise to her when she visited him in America to find him wealthy beyond her wildest dreams. Ponzi had come up with a get-rich-quick scheme that he insisted was legal. To his credit, it took federal authorities a good seven months to figure out how it wasn't. In this episode, meet the man whose name would go down in history to be synonymous with "grifter."

"Crimes of the Centuries" is a podcast from Grab Bag Collab exploring forgotten crimes from times past that made a mark and helped change history

DON'T FORGET ABOUT THE CRIMES OF THE CENTURIES BOOK! Order today at www.centuriespod.com/book (https://www.centuriespod.com/book)!

Follow us on Instagram and Twitter: @centuriespod

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Transcript

Click on a timestamp to play from that location

0:15.0

Some crimes are so heartbreaking or shocking that they change laws, change society or even earn the label Crime of the Century. But the stories that made headlines in decades past aren't necessarily remembered today.

0:23.0

I'm Amber Hunt, a journalist and author,

0:26.0

and in each episode of this show,

0:28.0

I'll examine a case that's maybe lesser known today

0:31.0

but was huge when it happened. This is crimes of the centuries. John McCall approached the slight man in the boarding house with amusement.

0:54.8

Here was a guy wearing top shelf clothing and a room filled with far more of the stuff,

1:00.1

yet he was clearly struggling financially.

1:02.5

Why else would he be running such a cheap room?

1:05.4

McCall was no dummy. In fact, he was a Montreal police detective,

1:09.3

and he'd arrived at the boarding house thanks to some astute sleuthing and a few useful tips.

1:15.0

He thought he had a pretty good idea as to why the boarding room renter seemed both poor and rich at the same time.

1:22.0

After greeting the border, who was almost impressively small,

1:26.0

standing five foot two and weighing 120-some pounds,

1:30.0

McCall asked a question,

1:31.0

is your name Bianchi,

1:32.0

is your name Bianchi? Carlos Bianchi? Why know the border replied?

1:36.1

My name's Clamont. That's when McCall identified himself as law enforcement.

1:40.9

Bianchi slash Clamont didn't wait for him to say anything else, instead

1:45.6

blurting.

1:46.6

I'm guilty.

1:48.2

Turned out, the border had earlier in the week waltzed into a shipping firm called the Canadian Warehousing Company,

1:54.9

spotted a checkbook on someone's desk, and when no one was looking, tore out a blank check and walked away.

...

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