Ponzi: The Financial Idiot Who Scammed the World

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MagnatesMedia

MagnatesMedia

Күн бұрын

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The history of the Ponzi scheme, and the story of Charles Ponzi, the financial fraudster who became rich and infamous with his Ponzi scam that claimed people could get rich quick thanks to the arbitrage of IRCs. Ponzi promised very high returns to investors and soon millions of dollars were being invested by those looking to get rich as fast as possible. Imagine doubling your money with an investment in 90 days, and making money with no work. Well, it sounds too good to be true, because it was...
But there was a time when the financial world marvelled at the financial genius of Charles Ponzi, the man who was in charge of one of the most successful business investments in America. He had millions of dollars at his disposal and crowds of people lining up literally begging him to take their money. Little did everyone know that Ponzi’s business was built on nothing but lies. The whole thing was an outrageous scam, one which turned Ponzi into a very rich man, but ruined the lives of thousands of innocent people. Ponzi’s deception was so shocking and infamous that even now, a hundred years later, the scam still shares his name - the Ponzi scheme.
This video is the untold truth of the man behind the scam, Charles Ponzi - and how to make millions of dollars with nothing but lies. This is part of MagnatesMedia's series on financial fraudsters and get rich quick schemes - check out my video on Jho Low: The man who robbed an entire country for the first episode! #money #rich #scam #documentary #ponzi #finance #business #wealth #getrichquick #makemoney
00:00 Intro to The Ponzi Story
00:48 Chapter 1: Living Beyond His Means
02:24 Chapter 2: A Wake-up Call
05:17 Chapter 3: Back in America
10:06 Chapter 4: The Ponzi Scheme
14:13 Chapter 5: Highs and Lows
17:55 Chapter 6: The Dream Is Over
🎨 My editing software to make these finance documentaries: magnates.media/editing
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Пікірлер: 1 900
@MagnatesMedia
@MagnatesMedia Жыл бұрын
📽 Watch next - The Truth About Nike: kzbin.info/www/bejne/nXm7koh6rZyDZrs 👨‍💻 My editing software: magnates.media/editing 🎁 Get a 60 day free trial at www.shipstation.com/magnates - Thanks to ShipStation for sponsoring!
@minoena
@minoena Жыл бұрын
nice
@theodd1soout
@theodd1soout Жыл бұрын
How can i afford any of it
@Practicalinvestments
@Practicalinvestments Жыл бұрын
Quality over quantity man, it feels like you are spamming out crap lately and it’s kind of irritating me I mean yeah the videos aren’t bad but stop picking such mainstream topics that literally everyone else does and already has done, like really man everybody knows about charles ponzi for gods sake the ponzi scheme is named after him, as I said in another comment patrick boyle imo did a much more in depth documentary on charles ponzi already, I would personally like to see less of the mainstream stuff everyone has already done and do the more obscure ones like the lego video you did, I would rather spend my time learning something interesting instead of watching something I already know
@abrahamtechman
@abrahamtechman Жыл бұрын
Awesome Job!
@chainsawFirewood89
@chainsawFirewood89 Жыл бұрын
I thought 💭🤔 this was Moon 🌝🌜??!
@SpencerPaire
@SpencerPaire Жыл бұрын
Ponzi sounds like the personification of "Don't worry, this move is calculated.... but man, do I suck at math."
@matthewmessam1186
@matthewmessam1186 Жыл бұрын
i suck at math
@datpotatoes4005
@datpotatoes4005 Жыл бұрын
@@matthewmessam1186 I suck
@amrayabaptiste2933
@amrayabaptiste2933 Жыл бұрын
He didn't even care about the math
@xoxo8321
@xoxo8321 Жыл бұрын
Same
@abysswatcher4907
@abysswatcher4907 Жыл бұрын
It's OK, you still got 0.00000001% probability to guess it right.
@ZombieTeube
@ZombieTeube Жыл бұрын
Ponzi was the living definition of no realizing that YOU are the problem in the situation
@darkwoodmovies
@darkwoodmovies Жыл бұрын
omg, Taylor Swift was right!!
@Jasper-qp6li
@Jasper-qp6li Жыл бұрын
minor spelling mistake
@tomohawk2177
@tomohawk2177 Жыл бұрын
@@Jasper-qp6li realise is spelt differently in different countries
@Jasper-qp6li
@Jasper-qp6li Жыл бұрын
@@tomohawk2177 no
@XSilver_WaterX
@XSilver_WaterX Жыл бұрын
And his cult followers who he didn't like and were creeped out by still continued his madness of stealing the world's eyes. Leading to more financial ruin for EVERYONE!!!
@mugambo5505
@mugambo5505 Жыл бұрын
The fact that this guy never gave up is motivating.
@Rahul_Sastry
@Rahul_Sastry Жыл бұрын
If only he used all that confidence to work in a legitimate job maybe history would be different.
@mugambo5505
@mugambo5505 Жыл бұрын
@@Rahul_Sastry yeah he should have consider a legal business. But legal business show late success most of the time. All he wanted was to get rich quick and he did, he didn't gave up.
@IronicHavoc
@IronicHavoc Жыл бұрын
Kinda the opposite for me. A lot of bad things could have been avoided if he'd had just a bit more doubt/skepticism in what he was doing. It makes me not want to make the same mistake he did.
@mugambo5505
@mugambo5505 Жыл бұрын
@@IronicHavoc right
@captain4865
@captain4865 Жыл бұрын
@@Rahul_Sastry you will never get rich working for someone else
@Boxingsnotdead
@Boxingsnotdead Жыл бұрын
Imagine how epic he'd be if he had social media like all the scammers and gurus today
@CErra310
@CErra310 9 ай бұрын
Then he would have been selling bored apes
@boulevarda.aladetoyinbo4773
@boulevarda.aladetoyinbo4773 7 ай бұрын
Lmao!
@boulevarda.aladetoyinbo4773
@boulevarda.aladetoyinbo4773 7 ай бұрын
He wouldn't have done better than a dead dog too.
@reignellwalker9755
@reignellwalker9755 7 ай бұрын
God bless you and Jesus loves you ❤
@RobT192
@RobT192 6 ай бұрын
😂 I don't want to even imagine such a universe
@peachtreee4649
@peachtreee4649 Жыл бұрын
The fact that people used his name to this day made everything worth it for him.
@DesignByKirk
@DesignByKirk Жыл бұрын
that's the wrong take
@greenoftreeblackofblue6625
@greenoftreeblackofblue6625 Жыл бұрын
@@DesignByKirk People will die in destitute after scaming millions of people and people will really say they got what they wanted because you still use their name. The end of their life was miserable and awful? "Doesn't matter we still use their name they win."
@MercenarySed
@MercenarySed Жыл бұрын
Musk is the new ponzi
@Hotwopper
@Hotwopper Жыл бұрын
@@greenoftreeblackofblue6625 copium overdose
@no_se_nada_de_nada
@no_se_nada_de_nada Жыл бұрын
I don't know dude, I wouldn't like my name turned into a synonym for scam.
@thenoviceind
@thenoviceind Жыл бұрын
Ponzi schemes never Target those people who are already rich ...they always targeted those people who are exactly like him more dreams than common sense.....line was lit🔥
@goldengold8568
@goldengold8568 Жыл бұрын
Kevin O'Leary was a recent victim of a Ponzi scheme
@thenoviceind
@thenoviceind Жыл бұрын
@@goldengold8568 ooh btw I don't have any idea about ...let me check
@anthonymacgregor9790
@anthonymacgregor9790 Жыл бұрын
not really true as there have been wealthy people caught up in ponzi schemes just look at the rich that was caught up in madoff's ponzi scheme
@kingtaco1725
@kingtaco1725 Жыл бұрын
Because rich people wouldn’t fall for thay
@thenoviceind
@thenoviceind Жыл бұрын
@@kingtaco1725 exactly
@CristanMeijer
@CristanMeijer Жыл бұрын
It's actually quite a sad story. He apparently had so little self love that he needed the external validation of expensive stuff so bad he ended up ruining his marriage and spending years and years in jail.
@citrosoda5370
@citrosoda5370 Жыл бұрын
Yep, people who blindly chase get-rich-quick schemes usually ruin their lives doing so
@PointsofData
@PointsofData 9 ай бұрын
Greed. Not self love...greed.
@andreieminovici1894
@andreieminovici1894 9 ай бұрын
It's actually a great lesson to learn here. I got sad at the end and was hoping he would at least keep his wife.
@syedmohammadsannan964
@syedmohammadsannan964 9 ай бұрын
@@andreieminovici1894same :/
@mellophon3
@mellophon3 6 ай бұрын
Too much self love is greed, no?
@richlambeth7050
@richlambeth7050 Жыл бұрын
If you're going to run a scam, then the first million should always go to developing a good exit strategy. Set up a fake identity and everything ahead of time for when you inevitably need to run. Of course, most con artists that go big are initially successful because they have the confidence to believe it will never fail.
@badmingos
@badmingos 2 ай бұрын
💀
@HappyGick
@HappyGick Ай бұрын
Might as well not run a scam in the first place 💀
@NyteOwl
@NyteOwl Жыл бұрын
Honestly man, found this channel a month back and it is all I watch now. Incredibly done.
@nainawambo1475
@nainawambo1475 Жыл бұрын
It's a great channel, try @JakeTran too
@julhizantwo2277
@julhizantwo2277 Жыл бұрын
@@nainawambo1475 you kidding right?
@nainawambo1475
@nainawambo1475 Жыл бұрын
@@julhizantwo2277 Nope
@tomfooIeryz
@tomfooIeryz Жыл бұрын
@@nainawambo1475 jake tran is a con man
@nainawambo1475
@nainawambo1475 Жыл бұрын
@@tomfooIeryz any proof
@AikiraBeats
@AikiraBeats Жыл бұрын
I was always curious as to where the name Ponzi Scheme came from. It's really interesting story watching him go from riches to rags back to riches just to complete lose everything.
@marconeri5375
@marconeri5375 Жыл бұрын
Btw Charles Ponzi was born in my hometown, Lugo (RA) italy (30000 people) , it's pretty weird to think I'm from the same place 💀
@spungbopscarepans
@spungbopscarepans Жыл бұрын
i also wondered why its called the ponzi scheme!
@luckyluc009
@luckyluc009 11 ай бұрын
Sarah Howe in Boston (1870’s) is also in the running for the first Ponzi Scheme. She operated a bank for single women that promised 8% returns, but in reality was running a Ponzi scheme.
@kalen2
@kalen2 Жыл бұрын
y’all sleeping on the editing skills and story telling, this video is insane. New visuals every few seconds and the story telling is so good 10/10
@harshu2651
@harshu2651 Жыл бұрын
How can i learn this type of editing?
@royalobasi1938
@royalobasi1938 5 ай бұрын
@@harshu2651 my best advice is to play around with motion graphics on after effects and learn the smooth camera movement, just experiment
@davidlayman901
@davidlayman901 Жыл бұрын
Thank you for the video. By the end of it, it's sad how little Mr. Ponzi managed to accomplish. He spent so many years in prison, and the moment that made him famous forever only lasted 6 months. Somehow, I feel bad for him. It's like he wasted his life chasing riches instead of doing anything fulfilling. I guess he got as far as he could in life being dishonest and stupid. Poor guy.
@enki1597
@enki1597 Жыл бұрын
Absolutely not. He deserved everything he got. He ruined tons innocent peoples lives.
@willylukito7983
@willylukito7983 Жыл бұрын
don't feel bad. He asked for it
@ryanyu102
@ryanyu102 Жыл бұрын
Well if anything the his name will forever be immortalized in the history books
@fer1306
@fer1306 Жыл бұрын
You feel bad for him?! What is wrong with you?!
@faizalqorni7969
@faizalqorni7969 Жыл бұрын
@@fer1306 absolute society moment
@michaelfjmusic
@michaelfjmusic Жыл бұрын
What sucks is that this guy easily could have lived such a happy life if he had just kept his head cool. He was living in America, had a beautiful wife who loved him, and a strong work ethic. He could have had everything if he had just poured all of his ambition and motivation into a regular 9-5 job instead of his scheme.
@TripleOhSeven
@TripleOhSeven Жыл бұрын
A 9-5 is not for everyone, corporate slavery doesn’t make anyone happy
@michaelfjmusic
@michaelfjmusic Жыл бұрын
@@TripleOhSeven Many people, especially nowadays, would be happy to have financial Independence, home ownership, and a long-term romantic partner. I was saying that Ponzi sacrificed good at the altar of perfection, and got nothing.
@PissG
@PissG Жыл бұрын
@@TripleOhSeven Still better than living in jail for half of your adulthood time 😂
@orlindimitrov7322
@orlindimitrov7322 Жыл бұрын
@@michaelfjmusic Working a regular job eats your soul
@_Akshxy__G
@_Akshxy__G Жыл бұрын
Either u risk everything or live like economic slave
@oxygen3143
@oxygen3143 Жыл бұрын
Ponzi is the type of guy to unironically say that he doesn’t lose but only fails to win
@fl8281
@fl8281 Жыл бұрын
Oversimplified reference
@ThomasaWilliamBuckinghamIII
@ThomasaWilliamBuckinghamIII 6 ай бұрын
*I began my investment journey at the age of 27, primarily through hard work and dedication. I am to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.*
@Anthonyscarnavack
@Anthonyscarnavack 6 ай бұрын
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
@RobbRose920
@RobbRose920 6 ай бұрын
This is superb! Information, as a noob it gets quite to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
@Greyealmind
@Greyealmind 6 ай бұрын
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $500k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
@jenniferaniston9057
@jenniferaniston9057 6 ай бұрын
wow that's stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
@Emilybuna1302
@Emilybuna1302 6 ай бұрын
Do you mind sharing info on the adviser who assisted you? I'm 40 now and would love to grow my stock portfolio and plan my retirement.
@JBGAMBIT
@JBGAMBIT Жыл бұрын
Charles should’ve just been a banker, then it’d alllllll be legal!
@auburn.JoaoDuarte
@auburn.JoaoDuarte Жыл бұрын
Oh love it!!
@mas-udal-hassan9277
@mas-udal-hassan9277 Жыл бұрын
JPMorgan
@ekweisking2023
@ekweisking2023 Жыл бұрын
This video made me feel like dreaming to succeed doesn't always work out . But this was nice content, also taught me not to drop out of school for no reason and live a fake life, create a legitimate business that really solves a problem and just keep pushing p the right way.
@laszlobandi6456
@laszlobandi6456 Жыл бұрын
what do you mean? I thought you can't even become a millionaire, if you don't drop out of school. like people who dropped out are always more successful than the ones that never started it.
@m90ss
@m90ss Жыл бұрын
@@laszlobandi6456 some of the most successful people have dropped out of school but majority of people that drop out (especially without direction or a goal) don’t end up successful
@halogod0298
@halogod0298 Жыл бұрын
@@laszlobandi6456that’s mostly copium from people who couldn’t finish school
@user-oj8od8xj5q
@user-oj8od8xj5q Жыл бұрын
@@laszlobandi6456 It doesn't apply to everyone that drops out of school, for most people it's better to take the safe route, just graduate properly and you have less to worry about.
@laszlobandi6456
@laszlobandi6456 Жыл бұрын
I'm just busting your balls, nowadays it sounds like a step one, it's a meme at this point, how people got their million dollar idea while their life was so 'hard'.
@madlysoldier5143
@madlysoldier5143 Жыл бұрын
One of lessons I learn from this is basically, Luxury life is like hard drug, once taken and you don’t have legit way to sustain the grind for it, one can turn into desperate attempt to gain a bit of nectar of luxury.
@donaldlyons17
@donaldlyons17 Жыл бұрын
For some people maybe but I only like making more than I make each year so I don't need to keep the luxuries. For what?
@nathanielanderson8753
@nathanielanderson8753 Ай бұрын
Exactly why its better to just abstain from luxury
@ElaineAeris
@ElaineAeris 18 күн бұрын
WOW this comment is amazing. 👏 👏 Well said!
@historiesmade
@historiesmade Жыл бұрын
The fact that he actually lived his dream though short, shows that we can achieve whatever we desire. But reality will always test the integrity of our results. That's why we'd rather stay on a safe side when reality checkmates our effort.
@xoxo8321
@xoxo8321 Жыл бұрын
Couldn’t have said it better myself
@boijone8440
@boijone8440 Жыл бұрын
If you make enough money to bribe the right officials, those integrity checks never come....
@turkeyherder9456
@turkeyherder9456 8 ай бұрын
His dream is the fucked up part, scamming people isn't noble.
@dinamo.slavonija
@dinamo.slavonija 4 ай бұрын
@@turkeyherder9456 he didnt dream of scamming people, he wanted to be rich by any means necesary and he was, for a short time
@Healthandwealth9422
@Healthandwealth9422 Жыл бұрын
This man was so good There is a scam named after him!
@chrissi.enbyYT
@chrissi.enbyYT Жыл бұрын
The FED is a giant Ponzi scheme but no one cares, until the USD collapses in 2025
@robertwalker5521
@robertwalker5521 Жыл бұрын
The ponzi scheme is wat different from the MADOFF Scheme
@chrissi.enbyYT
@chrissi.enbyYT Жыл бұрын
@@robertwalker5521 same with FTX, stock market, Citadel, ...
@elbarto4069
@elbarto4069 Жыл бұрын
He was so bad there is a scamme named after him
@radiicola3631
@radiicola3631 Жыл бұрын
He was so bad that he was quickly caught
@Hottakes99
@Hottakes99 Жыл бұрын
I swear this is one of the most bingeable channels I found. Quick vid request? Maybe a company such as BIC, slightly smaller industry leaders, would be awesome!
@krishnaSagar69
@krishnaSagar69 11 ай бұрын
I once almost almost lost a fortune for the scheme. Thank god I consulted my dad and explained him that thing. He immediately smelled it and told me what it is.
@ndahayoemmanuel9908
@ndahayoemmanuel9908 Жыл бұрын
It's actually so hard to improve videos like yours, but you manage to slide in some stuff and the overall quality is way better. You are a genius
@sniffcardozo1970
@sniffcardozo1970 Жыл бұрын
Your voice, story telling, and video production is so good even that advertisement in the middle looked like it was a part of the ponzi scheme
@Xamry
@Xamry 9 ай бұрын
This man worked so hard to be a scammer and lost years of his life as opposed to just making an honest living at the very least honourably but with a clean reputation
@AnotherPersonStoppingBy
@AnotherPersonStoppingBy 25 күн бұрын
But he had MANY "honest" jobs in his life. But they were all menial and didn't pay. His real problem was that he could neither get honest jobs that paid well, nor could he move up high enough in his jobs to get paid better. His hard work wasn't paying off. Basically, he had the same problem back then that most employees are having today. His biggest problem was being nothing special. He was just desperate, delusional, and determined enough to live in his own reality instead of settling into a bleak life by accepting the cards he was dealt.
@Blake22022
@Blake22022 Жыл бұрын
When you value people based off how much money people have, this is what you get. Someone with big dreams that achieved them but did so by causing a whole lot of pain to others. In our society it doesnt matter how good or heroic you are, it matters how much money you have to show for it in the end. You can be a hero but never be rich, and you can be rich but never help a single soul Some see a fair playing field, all I see is a warzone
@donaldlyons17
@donaldlyons17 11 ай бұрын
yeah people talk about value but I see people trying to exploit each other
@GicN
@GicN 11 ай бұрын
Ofcourse but you will go into history as a nothing if you are a standard millionaire who cares about nothing. We still respect and honour the people who legitimately helped the world and these people would be a legacy. Ofcourse rich people go into history books too but the better they did the better they will be remembered.
@X-zone-yt
@X-zone-yt 8 ай бұрын
Ua are treu, it feels like evryone destroy each other for money, everyone is becoming slave to it
@burgernthemomrailer
@burgernthemomrailer 7 ай бұрын
@@X-zone-ytIf there existed a button that gave you a million dollars everytime you pressed it, but killed a person at the same time, would you press it? And if so, how many times would you press it?
@X-zone-yt
@X-zone-yt 7 ай бұрын
i would not press it at all bro@@burgernthemomrailer
@luke-appleton1
@luke-appleton1 Жыл бұрын
After seeing what happened with FTX and SBF it seems there’s a lot of parallels between SBF and Mr. Ponzi! History doesn’t repeat itself but it often rhymes…
@billpapas1997
@billpapas1997 Жыл бұрын
im half way through this video and i feel like im full in debt
@a.nonimus6705
@a.nonimus6705 Жыл бұрын
I'm addicted to your channel now lol found it last night, and I'm binging your videos. Your production quality is unreal man, keep up the good work.
@chrismahihu
@chrismahihu Жыл бұрын
Thanks
@grapes-mf3cj
@grapes-mf3cj 2 ай бұрын
Bro didn't even get a heart😢
@Footballzenis
@Footballzenis Жыл бұрын
This presentation was simply outstanding. I just lately become aware of your channel. Your brilliance and capacity to convey complicated ideas in an understandable way are amazing. I'm amazed.
@damianbilgi4669
@damianbilgi4669 Жыл бұрын
You can’t help yourself to at least admire this mens grind.
@sinistersweet
@sinistersweet Жыл бұрын
Yah, but still kinda pointless if you realize the stupid amount of work he put into deceiving people... he could've achieved just as much success (or more) by just being honest...?
@Dadscap
@Dadscap Жыл бұрын
@@sinistersweet Not necessarily. You can probably achieve a lot more “success” more quickly by cheating, except that it won’t be a long-term thing and you won’t be be adding value to the world. Being hard-working is not a guarantee of success, but cheating/scamming is a guarantee of failure.
@riomouris4767
@riomouris4767 Жыл бұрын
Started at the bottom of the pyramid now we're here
@BigManBohdan
@BigManBohdan Жыл бұрын
He was kinda dumb tho
@sinistersweet
@sinistersweet Жыл бұрын
@@Dadscap that is incorrect, because since he didn't do anything honest how can you say he was more successful being a scammer? The dude went to prison how many times....trust me--not worth it.
@cactusjack2264
@cactusjack2264 Жыл бұрын
Very interesting and fascinating story, there should be a movie about him! Can’t believe there hasn’t been one yet.
@jasper9387
@jasper9387 Жыл бұрын
I love how whenever someone is thinking or devising a plan a bunch of e=mc squares just fly around
@mokyfn
@mokyfn Жыл бұрын
OMG. The editing skills in this video are just unbelievable. I personally edit the videos and this is just amazing!
@JW-nq9lc
@JW-nq9lc Жыл бұрын
Your editing and storytelling are better every video, can't wait to see you at a million subs in the coming months!
@gagebreaux9840
@gagebreaux9840 9 ай бұрын
I have to say, this video was incredibly entertaining and informative! I was leaning in to every detail of your narration.
@chriskutz7144
@chriskutz7144 Жыл бұрын
Dude's not an idiot, he's smart enough to trick the stupid investors into giving him their money 🤑💰. Dude's slick.
@patrickkassis7387
@patrickkassis7387 Жыл бұрын
3.5 years only after stealing all that money, the judges are too good with him
@user-mx1wu6ky8e
@user-mx1wu6ky8e 8 ай бұрын
That’s why you steal from the poor not the rich.
@ConservativeLatina86
@ConservativeLatina86 Жыл бұрын
Wow this man was tenacious, he just wouldn't hear a no from the universe, time after time... great video!, i love them!!
@destroya3303
@destroya3303 Жыл бұрын
And he got exactly what he deserved for it. Made me smile.
@480z-fllz
@480z-fllz Жыл бұрын
i like this video, not only very informative and interesting content but the style.of editing and voice over makes it actively engaging!
@ROYALesana
@ROYALesana Жыл бұрын
Your story telling is great. You earned yourself another subscriber.
@abdellahafkir
@abdellahafkir Жыл бұрын
That is why, ladies and gentlemen, you need a solid businessmodel that adds value to the world. Truth always wins at the end.
@chavale2
@chavale2 Жыл бұрын
ROUTZEDO model the answer
@andreashley6084
@andreashley6084 Жыл бұрын
At first I was hesitant to subscribe because I thought you just made duplicate content but after watching some I noticed you always elevate the content; you raise the bar
@hucklebucklin
@hucklebucklin Жыл бұрын
So true, 100% raises the bar with not just the visual but how it sells the story! Love this channel
@smj460
@smj460 Жыл бұрын
From the Wikipedia article: Ponzi granted one last interview to an American reporter, telling him, "Even if they never got anything for it, it was cheap at that price. Without malice aforethought, I had given them the best show that was ever staged in their territory since the landing of the Pilgrims! It was easily worth fifteen million bucks to watch me put the thing over."
@themilkgod99
@themilkgod99 Жыл бұрын
Honestly I gotta say you explained the scheme really well which I'm really glad about
@melesadean9657
@melesadean9657 Жыл бұрын
❤5th 🎉mrg
@CoffeeAndBusiness
@CoffeeAndBusiness Жыл бұрын
He was persistent that’s for sure lol
@layeredcoder5706
@layeredcoder5706 Жыл бұрын
your editing is just epic, just 'wow' i always learn something new from every video!!
@robertbosak6417
@robertbosak6417 Жыл бұрын
Just found this channel today from this video and man can I say outstanding work.
@kuldeepsinghrathore6142
@kuldeepsinghrathore6142 Жыл бұрын
Can we just appreciate the video and content quality 🔥🔥🔥 feels like I'm watching a sci-fi movie. Claps for the team 👏👏👏
@detailed_art101
@detailed_art101 Жыл бұрын
So that’s where the phrase “ponzi scheme” came from😂
@RETROACTIVETV
@RETROACTIVETV Жыл бұрын
Is this whole video edited in After Effects? Absolutely insane work, if not some of the best on the entire platform.
@coolsai
@coolsai Жыл бұрын
you're editing is just awesome 🔥
@alexandermuniz2039
@alexandermuniz2039 Жыл бұрын
Man got Saul Goodman as a lawyer
@AveMcree
@AveMcree Жыл бұрын
Another banger!!! You inspire me to do better with content!!!
@gagannegi
@gagannegi Жыл бұрын
You put so much effort on a video. Hats off man 😇
@MyWorld-eb9oz
@MyWorld-eb9oz Ай бұрын
I wish I had this kind of skill and intelligence to pull something like this off. I'd love to go down in history as a man who tricked the entire world.
@minerly5612
@minerly5612 Ай бұрын
This is one of my favorite channels on youtube, the editing, the story telling, everything. I feel like i’m on youtube premium
@needfulthingsdesigns999
@needfulthingsdesigns999 Жыл бұрын
Thanks! Love your work man
@SageTech2
@SageTech2 Жыл бұрын
Nice of you to cover SBF's extended family
@ProfAzimov
@ProfAzimov Жыл бұрын
This guys italian, not Jewish
@mrtortoise3766
@mrtortoise3766 Жыл бұрын
You know you’ve made it financially when a crime is named after you
@fl8281
@fl8281 Жыл бұрын
Not really, you got nothing but the name. It's not worth it .
@ok4350
@ok4350 Жыл бұрын
Yeah he can def hear us while being dead 6 feet under
@ilovejesuschrist992
@ilovejesuschrist992 6 ай бұрын
​@@ok4350He probably reincarnated a few times
@AllCrypto
@AllCrypto 8 ай бұрын
Great story telling. What software did you use for editing? Top notch! 👌
@ly2
@ly2 7 ай бұрын
After effects 3D camera mostly
@ammavanfc9983
@ammavanfc9983 Жыл бұрын
He dreamt about more money when he was already rich only to become a beggar, and when he was a beggar be dreamt about money and became billionaire...
@glasswareround5415
@glasswareround5415 Жыл бұрын
The editing in this video is absolutely amazing, I was genuinely shocked by the amount of subscribers this channel had not that it's low but the quality of this vid set my expectations to be very high this channel deserves alot more subscribers and attention!! ❤❤❤
@baguettebazooka
@baguettebazooka 9 ай бұрын
Wow this is such a great video man the editing is amazing this is so good
@theteddyofuganda9048
@theteddyofuganda9048 7 ай бұрын
Never seen such quality in editing in anything other than movies
@savedandsoundmedia
@savedandsoundmedia Жыл бұрын
The production of these videos is top notch 👏🏼. Of course plus a great content
@yamukinai1001
@yamukinai1001 Жыл бұрын
Brutal story man. This guy went through a lot!
@arrow1414
@arrow1414 Жыл бұрын
A tough lot of his own making.
@welennelew9866
@welennelew9866 Жыл бұрын
He went through a lot for what? Every single bad thing he experienced was totally his own fault
@josephleebob3828
@josephleebob3828 Жыл бұрын
@@arrow1414 still
@josephleebob3828
@josephleebob3828 Жыл бұрын
@@welennelew9866 still he went through a lot just bc he chased his dreams
@burrybondz225
@burrybondz225 Жыл бұрын
@@josephleebob3828 and all he caused was nightmares.
@colouredtv7407
@colouredtv7407 6 ай бұрын
Your editing & cinematography is brilliant......thnx for a great video. 🧐
@akashraja8349
@akashraja8349 Жыл бұрын
Wow what an editing. Amazing work
@ME4GLE
@ME4GLE Жыл бұрын
These animations and transitions are just wonderful *-* great video
@zoro8957
@zoro8957 Жыл бұрын
John please always narrate your videos forever and hope you never sell out like Jake Wan, all your hard work will pay off! Your documentaries are Oscar worthy 😍God bless you! 🙏🏾
@fluffypineapple790
@fluffypineapple790 Жыл бұрын
Who is Jake Wan?
@zoro8957
@zoro8957 Жыл бұрын
@@fluffypineapple790 A Well known KZbinr who does documentaries on War , politics and business. He used to narrate his own videos but now he pays other people to do it and it doesn’t hit the same anymore
@fluffypineapple790
@fluffypineapple790 Жыл бұрын
@@zoro8957 thanks for the answer!
@13igT
@13igT Жыл бұрын
Really nicely edited vid with a great voiceover. Very interesting!
@cirilomauricio3323
@cirilomauricio3323 Жыл бұрын
Another great video mate. Seriously you’ve found the YT formula. Keep it up
@DestroyerMariko
@DestroyerMariko Жыл бұрын
I hope after watching this that no one falls for the scambots talking to themselves in the comments about how they supposedly made insane money lol
@DestroyerMariko
@DestroyerMariko Жыл бұрын
oh my god and then a scambot replies to me lmao off I go to report and block again, until KZbin finally bothers to get smarter about catching them 🙄🤦‍♀😩
@andrewince8824
@andrewince8824 Жыл бұрын
I hope they do. Anyone stupid enough to fall for those things deserves what they get. It's like a fiscal Darwin Award.
@ugonebeani7025
@ugonebeani7025 Жыл бұрын
I like his passion and energy 🦅
@hedgeearthridge6807
@hedgeearthridge6807 Жыл бұрын
The fact that the Boston Post claimed he was a genius reminds me of what Lazerpig said about the Russian military. How were all the experts wrong about it? Because they weren't experts, the real experts knew all along how bad it is. Like with Ponzi, the real financial experts wanted nothing to do with his "business" while everyone else believed Ponzi was a financial expert.
@kurosakiichigo7475
@kurosakiichigo7475 Жыл бұрын
No, no one knew what state the Russian military was in because of the massive corruption within that country. You realise not everyone who is wrong is wrong for the same reason right??
@lemongum9166
@lemongum9166 Жыл бұрын
@@kurosakiichigo7475 or maybe they did that on purpose to fool the Russian government into not investigating into their military.
@cattlecumwewlad6941
@cattlecumwewlad6941 Жыл бұрын
NAFO profile pic lmao a human definitely made this comment
@qinyunyi8036
@qinyunyi8036 Жыл бұрын
@@cattlecumwewlad6941 glowies working overtime.
@RedLogicYT
@RedLogicYT Жыл бұрын
Imagine scamming people so hard that the entire scam is named after you because of their PTSD- the world still hasnt forgotten about it lol
@demorbe-official
@demorbe-official Жыл бұрын
i love your intros. i have a questiong from. who do draw your inspiration from to keep you fired up and making content. as i person i draw my inspiration from you
@zavierthomas1
@zavierthomas1 Жыл бұрын
@18:04 "He was finally a changed man and ready to do some good in the world..... I'm just kidding" I went from this 😃 to 😩 😂😂😂😂
@twofacenobel
@twofacenobel Жыл бұрын
I read this comment exactly at 18:04🤣🤣
@invisible_maki3927
@invisible_maki3927 Жыл бұрын
great video bro, the editing make these feel like high quality movies
@KerryFairbanks
@KerryFairbanks 8 ай бұрын
Honestly a gift he has was dealing with large sums of money. Many people can't even negotiate, or fathom owning hundreds of thousands and their own mind limits themselves. He was not limited by how much he thinks he should earn
@nyasha_ish
@nyasha_ish Жыл бұрын
Bro grinded like his life depended on it, till it did
@desparebeats
@desparebeats Жыл бұрын
This story just shows how important honesty is in business
@briang8125
@briang8125 Жыл бұрын
this is really well done video, good editing keep up the grind 💪💪
@Prezzen77
@Prezzen77 9 ай бұрын
90 seconds in and frankly I'm surprised the absolutely over-the-top editing wasn't leading to a punchline. It's genuinely how the video is done.
@eternalYTC
@eternalYTC Жыл бұрын
Kinda like FTX lol. Ponzi scheme in a way in terms of marketing through so many ytbers and social media outlets that no1 questioned them. Thanks for the vid magnates cos you've inspired me to post my own!
@sibeisun5272
@sibeisun5272 Жыл бұрын
"Invest in my IRC token!" - Charles Ponzi, 2023
@exhilex
@exhilex Жыл бұрын
I love you mate. I love every single thing about your videos. Every single thing. It teaches me there is much more to this world than just money.
@rezamehrzad
@rezamehrzad 8 ай бұрын
Bro the edition is UNbelievable!!!!!!
@DanishTroll87
@DanishTroll87 Жыл бұрын
Ponzi was not an idiot. The way his investment worked wasn't a bug, but its feature.
@Dan-dy8zp
@Dan-dy8zp Жыл бұрын
The most relevant feature for Ponzi was how it got him sent to prison and penniless. He sounds like an idiot to me. Or someone with a particular mental defect, where he couldn't recognize his wild overoptimism bias no matter how many times he failed.
@Xevo716
@Xevo716 Жыл бұрын
hey man, i thought i'd say this cuz nobody else wants to, but your editing is fucking amazing and you deserve every single cent you earn, i can tell you put your life and soul into this and all your other videos as well, subscribed!
@mikeriney6197
@mikeriney6197 Жыл бұрын
The production quality is incredible man
@rarelyaccepted
@rarelyaccepted 11 ай бұрын
Bro the video is edited so well I loved watching this on my break from work nocap
@selvinmckay6768
@selvinmckay6768 Жыл бұрын
They should make a top tier film about this man. Don't know which actor would portray him accurately
@Junniebug
@Junniebug Жыл бұрын
would really be top tier movie material, like catch me if you can
@XkaliburJ
@XkaliburJ Жыл бұрын
Thanks for explaining what Ponzi Scheme means. So many years, the news media keep talking about Ponzi Scheme but never explained why what or how.. now I know. Also JLow is a Malaysian. Still on the lose ..
@ProfAzimov
@ProfAzimov Жыл бұрын
Jho Low was Malaysian Chinese
@Sebastian-of7ki
@Sebastian-of7ki Жыл бұрын
the video editing is ON POINT
@Kpsla
@Kpsla Жыл бұрын
You'd think after like the 6th time he got arrested for scamming people he would at least come up with less illegal ways to scam people.
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