charles ponzi

Massachusetts

Boston’s 10 most outlandish historical moments

Fact is stranger than fiction! Enjoy these odd (but true!) landmark events in Boston's history: No. 1: Fenway's red seat

boston

No. 5: Charles Ponzi, of Ponzi scheme fame, set up shop in Boston

You've probably heard of a Ponzi Scheme – in 2009 Bernie Madoff was sentenced to 150 years in prison for his biggest-ever Ponzi swindle. But did you know that Charles Ponzi, the eponymous originator of such scams, set up the first one when he lived right here in Massachusetts?