Ponzi's Scheme: The True Story of a Financial Legend

· Penguin Random House Audio · Narrated by Grover Gardner
4.5
2 reviews
Audiobook
10 hr
Unabridged
Eligible
Want a free 10 min sample? Listen anytime, even offline. 
Add

About this audiobook

You’ve heard of the scheme. Now comes the man behind it. In Mitchell Zuckoff's exhilarating book, the first nonfiction account of Charles Ponzi, we meet the charismatic rogue who launched the most famous and extraordinary scam in the annals of American finance.

It was a time when anything seemed possible–instant wealth, glittering fame, fabulous luxury–and for a run of magical weeks in the spring and summer of 1920, Charles Ponzi made it all come true. Promising to double investors’ money in three months, the dapper, charming Ponzi raised the “rob Peter to pay Paul” scam to an art form and raked in millions at his office in downtown Boston. Ponzi’s Scheme is the amazing true story of the irresistible scoundrel who launched the most successful scheme of financial alchemy in modern history–and uttered the first roar of the Roaring Twenties.

Ponzi may have been a charlatan, but he was also a wonderfully likable man. His intentions were noble, his manners impeccable, his sales pitch enchanting. Born to a genteel Italian family, he immigrated to the United States with big dreams but no money. Only after he became hopelessly enamored of a stenographer named Rose Gnecco and persuaded her to marry him did Ponzi light on the means to make his dreams come true. His true motive was not greed but love.

With rich narrative skill, Mitchell Zuckoff conjures up the feverish atmosphere of Boston during the weeks when Ponzi’s bubble grew bigger and bigger. At the peak of his success, Ponzi was taking in more than $2 million a week. And then his house of cards came crashing down–thanks in large part to the relentless investigative reporting of Richard Grozier’s Boston Post.

In Zuckoff's hands, Ponzi is no mere swindler; instead he is appealing and magnetic, a colorful and poignant figure, someone who struggled his whole life to attain great wealth and who sincerely believed–to the very end–that he could have made good on his investment promises if only he’d had enough time. Ponzi is a classic American tale of immigrant life and the dream of success, and the unexpectedly moving story of a man who–for a fleeting, illusory moment–attained it all.

Ratings and reviews

4.5
2 reviews
ron campana
March 29, 2020
Social insecurity, Madoff. Att should've appealed. All they did was ruin great reliable company. Created several lesser monopolies. New att sucks, Verizon Sprint. Try to reassemble. Great all best til then. Phone for emergencies. #1 priority
Did you find this helpful?

About the author

Mitchell Zuckoff is a professor of journalism at Boston University. He is the author of three previous books, most recently Ponzi’s Scheme: The True Story of a Financial Legend. As a reporter with The Boston Globe, he was a finalist for a Pulitzer Prize and the recipient of numerous national writing awards.

Grover Gardner’s narration career spans 25 years and over 550 audiobook titles. AudioFile magazine has called him one of the “Best Voices of the Century” and features him in their annual “Golden Voices” update. Publishers Weekly named him Audiobook Narrator of the Year for 2005. His recordings have garnered 18 Earphones Awards from AudioFile and an Audie Award from the Audio Publishers’ Association.

Rate this audiobook

Tell us what you think.

Listening information

Smartphones and tablets
Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.
Laptops and computers
You can read books purchased on Google Play using your computer's web browser.

More by Mitchell Zuckoff

Similar audiobooks

Narrated by Grover Gardner