Ponzi: The Financial Idiot Who Scammed the World

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MagnatesMedia

MagnatesMedia

Күн бұрын

Пікірлер: 2 200
@MagnatesMedia
@MagnatesMedia 2 жыл бұрын
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@minoena
@minoena 2 жыл бұрын
nice
@theodd1soout
@theodd1soout 2 жыл бұрын
How can i afford any of it
@Practicalinvestments
@Practicalinvestments 2 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
@ibraheemzuma
@ibraheemzuma 2 жыл бұрын
Awesome Job!
@chainsawFirewood89
@chainsawFirewood89 2 жыл бұрын
I thought 💭🤔 this was Moon 🌝🌜??!
@SpencerPaire
@SpencerPaire 2 жыл бұрын
Ponzi sounds like the personification of "Don't worry, this move is calculated.... but man, do I suck at math."
@matthewmessam1186
@matthewmessam1186 2 жыл бұрын
i suck at math
@datpotatoes4005
@datpotatoes4005 2 жыл бұрын
@@matthewmessam1186 I suck
@amrayabaptiste2933
@amrayabaptiste2933 2 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.
@SouveraineMiaa
@SouveraineMiaa 2 жыл бұрын
Ponzi was the living definition of no realizing that YOU are the problem in the situation
@darkwoodmovies
@darkwoodmovies 2 жыл бұрын
omg, Taylor Swift was right!!
@Jasper-qp6li
@Jasper-qp6li 2 жыл бұрын
minor spelling mistake
@tomohawk2177
@tomohawk2177 2 жыл бұрын
@@Jasper-qp6li realise is spelt differently in different countries
@Jasper-qp6li
@Jasper-qp6li 2 жыл бұрын
@@tomohawk2177 no
@XSilver_WaterX
@XSilver_WaterX 2 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 2 жыл бұрын
The fact that this guy never gave up is motivating.
@Rahul_Sastry
@Rahul_Sastry 2 жыл бұрын
If only he used all that confidence to work in a legitimate job maybe history would be different.
@mugambo5505
@mugambo5505 2 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 2 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 2 жыл бұрын
@@IronicHavoc right
@captain4865
@captain4865 2 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 Жыл бұрын
Then he would have been selling bored apes
@boulevarda.aladetoyinbo4773
@boulevarda.aladetoyinbo4773 Жыл бұрын
Lmao!
@boulevarda.aladetoyinbo4773
@boulevarda.aladetoyinbo4773 Жыл бұрын
He wouldn't have done better than a dead dog too.
@reignellwalker9755
@reignellwalker9755 Жыл бұрын
God bless you and Jesus loves you ❤
@RobT192
@RobT192 Жыл бұрын
😂 I don't want to even imagine such a universe
@jasper9387
@jasper9387 Жыл бұрын
I love how whenever someone is thinking or devising a plan a bunch of e=mc squares just fly around
@peachtreee4649
@peachtreee4649 2 жыл бұрын
The fact that people used his name to this day made everything worth it for him.
@DesignByKirk
@DesignByKirk 2 жыл бұрын
that's the wrong take
@greenoftreeblackofblue6625
@greenoftreeblackofblue6625 2 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 2 жыл бұрын
Musk is the new ponzi
@Hotwopper
@Hotwopper 2 жыл бұрын
@@greenoftreeblackofblue6625 copium overdose
@no_se_nada_de_nada
@no_se_nada_de_nada 2 жыл бұрын
I don't know dude, I wouldn't like my name turned into a synonym for scam.
@thenoviceind
@thenoviceind 2 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 2 жыл бұрын
Kevin O'Leary was a recent victim of a Ponzi scheme
@thenoviceind
@thenoviceind 2 жыл бұрын
@@goldengold8568 ooh btw I don't have any idea about ...let me check
@anthonymacgregor9790
@anthonymacgregor9790 2 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 2 жыл бұрын
Because rich people wouldn’t fall for thay
@thenoviceind
@thenoviceind 2 жыл бұрын
@@kingtaco1725 exactly
@NyteOwl
@NyteOwl 2 жыл бұрын
Honestly man, found this channel a month back and it is all I watch now. Incredibly done.
@nainawambo1475
@nainawambo1475 2 жыл бұрын
It's a great channel, try @JakeTran too
@julhizantwo2277
@julhizantwo2277 2 жыл бұрын
@@nainawambo1475 you kidding right?
@nainawambo1475
@nainawambo1475 2 жыл бұрын
@@julhizantwo2277 Nope
@tomfooIeryz
@tomfooIeryz 2 жыл бұрын
@@nainawambo1475 jake tran is a con man
@nainawambo1475
@nainawambo1475 2 жыл бұрын
@@tomfooIeryz any proof
@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.
@PointsofData
@PointsofData Жыл бұрын
Greed. Not self love...greed.
@andreieminovici1894
@andreieminovici1894 Жыл 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.
@mellophon3
@mellophon3 Жыл бұрын
Too much self love is greed, no?
@morning_staar
@morning_staar Жыл бұрын
i'd rather live 5 years as a rich guy then my whole life as a miserable 9-5 slave
@melvin6889
@melvin6889 11 ай бұрын
@@morning_staarwhat a dumb perspective to have. 5 years isn’t worth, the lifetime of being miserable. Even while rich, I guarantee he never had peace
@luckyluc009
@luckyluc009 Жыл 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.
@johanbjorkman1914
@johanbjorkman1914 4 ай бұрын
@John_the_Paul
@John_the_Paul 4 ай бұрын
☕️
@richlambeth7050
@richlambeth7050 2 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 10 ай бұрын
💀
@HappyGick
@HappyGick 9 ай бұрын
Might as well not run a scam in the first place 💀
@ItzOrangeyYT
@ItzOrangeyYT 5 ай бұрын
Good advice. I'll be sure to do that!
@danielmccarthy3672
@danielmccarthy3672 3 ай бұрын
You really don't need the fake identity. You just need to find a way to squirrel away a chunk that can't be touched. You get caught and do a few years in club fed , and you come out a rich person. Happens all the time.
@AikiraBeats
@AikiraBeats 2 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 💀
@spingleboygle
@spingleboygle Жыл бұрын
i also wondered why its called the ponzi scheme!
@lebowskisrug
@lebowskisrug Ай бұрын
@@marconeri5375he schemed my grandfather lol
@oxygen3143
@oxygen3143 2 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
@Xamry
@Xamry Жыл 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 8 ай 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.
@DeadDancers
@DeadDancers 2 ай бұрын
6:55 - I’m very curious about the source of information for this because listen to how it’s framed. ‘ponzi wasn’t satisfied with a steady job and a wife who loved him. Not for himself gosh no! But because he wanted to shower her with diamonds!!! It’s not irrepressible greed anymore, it’s a man in love wanting to give his partner everything she deserves!! And *that’s* why the serial job-quitter and sole provider of his family quit his job again.’
@HummingLantern27
@HummingLantern27 Күн бұрын
I can't see any sources for the video at all. Seems suspicious...
@kalen2
@kalen2 2 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 Жыл бұрын
@@harshu2651 my best advice is to play around with motion graphics on after effects and learn the smooth camera movement, just experiment
@micrology3350
@micrology3350 4 ай бұрын
@@harshu2651it takes months to make a video like this single handedly, maybe a week if you have a team of editors and writers
@myweirdsecondchannelwithap9070
@myweirdsecondchannelwithap9070 4 ай бұрын
its nothing special
@meokayenglish8361
@meokayenglish8361 Ай бұрын
I dont know, I think the editing is just too much. Too many moving parts, cant focus on the content. It assaults the eyes. Its like an opening of a news logo animation, but it kept going on and on for the rest of the video. Not good.
@madlysoldier5143
@madlysoldier5143 2 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 2 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 9 ай бұрын
Exactly why its better to just abstain from luxury
@ElaineAeris
@ElaineAeris 8 ай бұрын
WOW this comment is amazing. 👏 👏 Well said!
@Hellokemon
@Hellokemon 6 ай бұрын
​@@nathanielanderson8753lmao Imma use that to cope cause iam broke Iam actually broke 😢
@prumchhangsreng979
@prumchhangsreng979 4 ай бұрын
@@nathanielanderson8753not really. That’s like saying North Korean are content with their life. They are only content because they never experienced what is it like to be free
@michaelfjmusic
@michaelfjmusic 2 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 2 жыл бұрын
A 9-5 is not for everyone, corporate slavery doesn’t make anyone happy
@michaelfjmusic
@michaelfjmusic 2 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.
@HonestFarmerLigue1Fan
@HonestFarmerLigue1Fan 2 жыл бұрын
@@TripleOhSeven Still better than living in jail for half of your adulthood time 😂
@orlindimitrov7322
@orlindimitrov7322 2 жыл бұрын
@@michaelfjmusic Working a regular job eats your soul
@_Akshxy__G
@_Akshxy__G 2 жыл бұрын
Either u risk everything or live like economic slave
@LieuDucPhong
@LieuDucPhong 5 ай бұрын
Anyone else here obsessed with Secret Pathway To Triumph? It's like discovering a secret treasure map for wealth!
@raycorrigan3297
@raycorrigan3297 Ай бұрын
I read it. Garbage!! Do not buy this rubbish. Written by known con man
@krishnaSagar69
@krishnaSagar69 Жыл 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.
@JBGAMBIT
@JBGAMBIT 2 жыл бұрын
Charles should’ve just been a banker, then it’d alllllll be legal!
@auburn.JoaoDuarte
@auburn.JoaoDuarte 2 жыл бұрын
Oh love it!!
@harrylaz
@harrylaz 2 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 Жыл бұрын
His dream is the fucked up part, scamming people isn't noble.
@morning_staar
@morning_staar Жыл бұрын
@@turkeyherder9456 he didnt dream of scamming people, he wanted to be rich by any means necesary and he was, for a short time
@democard1199
@democard1199 4 ай бұрын
​@@turkeyherder9456 You can do that in India until 70 next years. Scamming in India is legal and the government didn't care as long as nepotism still in their office
@VPdirectorofchaos
@VPdirectorofchaos 2 жыл бұрын
Thanks! Love your work man
@issacflash2765
@issacflash2765 7 ай бұрын
The fact that his name was Ponzi and no one thought that this was a scam is wild
@nyawolifalethu
@nyawolifalethu 7 ай бұрын
the scam was named after him. it wasn't a term everyone used before he did the scam
@paul4381
@paul4381 3 ай бұрын
​@@nyawolifalethu Sherlok here 🥸🧐
@PICKAXE.pickaxe
@PICKAXE.pickaxe 2 ай бұрын
What !! It was named after him. He was the reason for ponzi scheme. You are clearly not that smart
@paul4381
@paul4381 2 ай бұрын
@@PICKAXE.pickaxe Calling someone "not smart" when you are the one not realizing he was making a joke is... humiliating
@mdilligaf
@mdilligaf 2 жыл бұрын
0:36 the "untold truth"? Which part of this is untold?
@juinorgaming3417
@juinorgaming3417 3 ай бұрын
all of it almost
@chrismahihu
@chrismahihu 2 жыл бұрын
Thanks
@Yummy_Grape
@Yummy_Grape 10 ай бұрын
Bro didn't even get a heart😢
@davidlayman901
@davidlayman901 2 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 2 жыл бұрын
Absolutely not. He deserved everything he got. He ruined tons innocent peoples lives.
@willylukito7983
@willylukito7983 2 жыл бұрын
don't feel bad. He asked for it
@ryanyu102
@ryanyu102 2 жыл бұрын
Well if anything the his name will forever be immortalized in the history books
@fer1306
@fer1306 2 жыл бұрын
You feel bad for him?! What is wrong with you?!
@faizalqorni7969
@faizalqorni7969 2 жыл бұрын
@@fer1306 absolute society moment
@ekweisking2023
@ekweisking2023 2 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 2 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 2 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 2 жыл бұрын
@@laszlobandi6456that’s mostly copium from people who couldn’t finish school
@永-u5x
@永-u5x 2 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 2 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'.
@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."
@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 Жыл бұрын
yeah people talk about value but I see people trying to exploit each other
@GicN
@GicN Жыл 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 Жыл бұрын
Ua are treu, it feels like evryone destroy each other for money, everyone is becoming slave to it
@burgernthemomrailer
@burgernthemomrailer Жыл 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 Жыл бұрын
i would not press it at all bro@@burgernthemomrailer
@Hottakes99
@Hottakes99 2 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!
@sniffcardozo1970
@sniffcardozo1970 2 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
@Healthandwealth9422
@Healthandwealth9422 2 жыл бұрын
This man was so good There is a scam named after him!
@chrissi.enbyYT
@chrissi.enbyYT 2 жыл бұрын
The FED is a giant Ponzi scheme but no one cares, until the USD collapses in 2025
@robertwalker5521
@robertwalker5521 2 жыл бұрын
The ponzi scheme is wat different from the MADOFF Scheme
@chrissi.enbyYT
@chrissi.enbyYT 2 жыл бұрын
@@robertwalker5521 same with FTX, stock market, Citadel, ...
@elbarto4069
@elbarto4069 2 жыл бұрын
He was so bad there is a scamme named after him
@radiicola3631
@radiicola3631 2 жыл бұрын
He was so bad that he was quickly caught
@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.
@minerly5612
@minerly5612 9 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
@ndahayoemmanuel9908
@ndahayoemmanuel9908 2 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
@abdellahafkir
@abdellahafkir 2 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 2 жыл бұрын
ROUTZEDO model the answer
@Footballzenis
@Footballzenis 2 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.
@CS2Sorrow
@CS2Sorrow 3 ай бұрын
I have to say these little documentaries are so well done I had to subscribe immediately. Thank you.
@kuiku5101
@kuiku5101 Ай бұрын
Truth but I did not subscribe. Never l Will. Never.
@CS2Sorrow
@CS2Sorrow 23 күн бұрын
@ Why not? It’s free. Seems like a weird stance to take for content you admittedly enjoy lol
@victoridemudia3917
@victoridemudia3917 2 жыл бұрын
What I love about ponzi is that he didn't give up
@JW-nq9lc
@JW-nq9lc 2 жыл бұрын
Your editing and storytelling are better every video, can't wait to see you at a million subs in the coming months!
@patrickkassis7387
@patrickkassis7387 2 жыл бұрын
3.5 years only after stealing all that money, the judges are too good with him
@GeorgeSmith-p2u
@GeorgeSmith-p2u Жыл бұрын
That’s why you steal from the poor not the rich.
@mokyfn
@mokyfn 2 жыл бұрын
OMG. The editing skills in this video are just unbelievable. I personally edit the videos and this is just amazing!
@theteddyofuganda9048
@theteddyofuganda9048 Жыл бұрын
Never seen such quality in editing in anything other than movies
@AN-jz3kf
@AN-jz3kf 5 ай бұрын
2:55 let's appreciate the batman backstory music that plays when it's announced that he HAD to work in order to eat
@billpapas1997
@billpapas1997 2 жыл бұрын
im half way through this video and i feel like im full in debt
@adesolaosoko8884
@adesolaosoko8884 2 ай бұрын
😂😂😂
@luke-appleton1
@luke-appleton1 2 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…
@detailed_art101
@detailed_art101 2 жыл бұрын
So that’s where the phrase “ponzi scheme” came from😂
@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.
@sibeisun5272
@sibeisun5272 2 жыл бұрын
"Invest in my IRC token!" - Charles Ponzi, 2023
@andreashley6084
@andreashley6084 2 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 2 жыл бұрын
So true, 100% raises the bar with not just the visual but how it sells the story! Love this channel
@ammavanfc9983
@ammavanfc9983 2 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...
@mrtortoise3766
@mrtortoise3766 2 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 Жыл бұрын
​@@ok4350He probably reincarnated a few times
@westpalmtom1143
@westpalmtom1143 27 күн бұрын
This video is incredible. Really entertaining graphics and impressive editing. Interesting story. This is one of the best films I’ve seen in KZbin.
@RedLogicYT
@RedLogicYT 2 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
@AveMcree
@AveMcree 2 жыл бұрын
Another banger!!! You inspire me to do better with content!!!
@ConservativeLatina86
@ConservativeLatina86 2 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.
@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
@doudisgamer4886
@doudisgamer4886 6 ай бұрын
Who else came here to start his own Ponzi scam?
@marylovesdavidcook
@marylovesdavidcook 25 күн бұрын
😈
@glasswareround5415
@glasswareround5415 2 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!! ❤❤❤
@CoffeeAndBusiness
@CoffeeAndBusiness 2 жыл бұрын
He was persistent that’s for sure lol
@nyasha_ish
@nyasha_ish 2 жыл бұрын
Bro grinded like his life depended on it, till it did
@JohnnySingh-uo4eg
@JohnnySingh-uo4eg Жыл бұрын
I like how relentless he was and always looking for ways to strike it rich. I don't blame him because banks now a days are doing the same thing. They are paying minimal interest on your money while making a ton on investing or lending that same money.
@fyelow9123
@fyelow9123 Жыл бұрын
Come on
@fyelow9123
@fyelow9123 Жыл бұрын
Firstly you can park your money in a money market fund and earn 5% interest rate if you wanted
@fyelow9123
@fyelow9123 Жыл бұрын
Secondly you could educate yourself and put work into learning how to invest
@fyelow9123
@fyelow9123 Жыл бұрын
Thirdly he preyed on people he could exploit, that's not admirable. That's self interest and arrogance
@baribari1000
@baribari1000 Жыл бұрын
he's talking about regular banks, not money market funds@@fyelow9123
@khothatsomoshodi4465
@khothatsomoshodi4465 15 күн бұрын
15:01 "more dreams than common sense"😂😂😂😂
@RETROACTIVETV
@RETROACTIVETV 2 жыл бұрын
Is this whole video edited in After Effects? Absolutely insane work, if not some of the best on the entire platform.
@gagannegi
@gagannegi 2 жыл бұрын
You put so much effort on a video. Hats off man 😇
@layeredcoder5706
@layeredcoder5706 2 жыл бұрын
your editing is just epic, just 'wow' i always learn something new from every video!!
@standonjay
@standonjay 8 ай бұрын
14:58 "more dreams than common sense"😂
@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!
@SageTech2
@SageTech2 2 жыл бұрын
Nice of you to cover SBF's extended family
@ProfAzimov
@ProfAzimov 2 жыл бұрын
This guys italian, not Jewish
@DestroyerMariko
@DestroyerMariko 2 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 2 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 2 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.
@hedgeearthridge6807
@hedgeearthridge6807 2 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 2 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 2 жыл бұрын
@@kurosakiichigo7475 or maybe they did that on purpose to fool the Russian government into not investigating into their military.
@cattlecumwewlad6941
@cattlecumwewlad6941 2 жыл бұрын
NAFO profile pic lmao a human definitely made this comment
@kokodoko8036
@kokodoko8036 2 жыл бұрын
@@cattlecumwewlad6941 glowies working overtime.
@shadowsadjkr8811
@shadowsadjkr8811 Жыл бұрын
instructions unclear: "I am now in federal prison for 93 years and in complete isolation"
@kuldeepsinghrathore6142
@kuldeepsinghrathore6142 2 жыл бұрын
Can we just appreciate the video and content quality 🔥🔥🔥 feels like I'm watching a sci-fi movie. Claps for the team 👏👏👏
@savedandsoundmedia
@savedandsoundmedia 2 жыл бұрын
The production of these videos is top notch 👏🏼. Of course plus a great content
@GoldySliime
@GoldySliime 2 жыл бұрын
30 years old and I never knew this was named after an actual person 😂😂😂
@yamukinai1001
@yamukinai1001 2 жыл бұрын
Brutal story man. This guy went through a lot!
@arrow1414
@arrow1414 2 жыл бұрын
A tough lot of his own making.
@welennelew9866
@welennelew9866 2 жыл бұрын
He went through a lot for what? Every single bad thing he experienced was totally his own fault
@josephleebob3828
@josephleebob3828 2 жыл бұрын
@@arrow1414 still
@josephleebob3828
@josephleebob3828 2 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.
@whome6175
@whome6175 Жыл бұрын
“Rags to riches to rags” priceless 😂😂
@SamuelLagoPedro
@SamuelLagoPedro 2 ай бұрын
Dude. I cannot keep up with this video animations. SO MUCH ANIMATIONS!!
@PartyboyDanny
@PartyboyDanny 2 жыл бұрын
He never gave up until he won and then lost it all
@desparebeats
@desparebeats 2 жыл бұрын
This story just shows how important honesty is in business
@jpteknoman
@jpteknoman 2 жыл бұрын
yet, despite Ponzi's failure, he did teach one thing to his successors who did the same thing: get the cash and run before people catch on. a lesson he failed to learn from his former banker boss
@robertbosak6417
@robertbosak6417 2 жыл бұрын
Just found this channel today from this video and man can I say outstanding work.
@professormikeoxlong
@professormikeoxlong 5 ай бұрын
Had he chosen to steal from big companies instead of individuals he might have even been declared a hero lol
@zoro8957
@zoro8957 2 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!
@cactusjack2264
@cactusjack2264 2 жыл бұрын
Very interesting and fascinating story, there should be a movie about him! Can’t believe there hasn’t been one yet.
@AintGoin
@AintGoin 2 жыл бұрын
it’s wild bc it seems like if he was more flexible to pivoting and a bit more self confident he could have been a legitimate businessman
@SuperUnknownNetwork
@SuperUnknownNetwork Жыл бұрын
Whoever is greedy for unjust gain troubles his own household, but he who hates bribes will live
@selvinmckay6768
@selvinmckay6768 2 жыл бұрын
They should make a top tier film about this man. Don't know which actor would portray him accurately
@Junniebug
@Junniebug 2 жыл бұрын
would really be top tier movie material, like catch me if you can
@fluffywumper8777
@fluffywumper8777 3 ай бұрын
A young Leonardo DiCaprio would’ve been so clutch
@ugonebeani7025
@ugonebeani7025 2 жыл бұрын
I like his passion and energy 🦅
@Mirsab
@Mirsab 2 жыл бұрын
0:34 untold truth? You sure about that??
@suxfee
@suxfee 3 ай бұрын
yes.
@atanasatanasov5119
@atanasatanasov5119 Жыл бұрын
Great video man! One thing I have to note though, for your next videos, talk a bit slower. It deepens your voice and it suits narrating much better. It's just a tip to improve, not hate, I really love your videos! Keep up the good work!
@user-fn4jl3uk2s
@user-fn4jl3uk2s Жыл бұрын
17:44 "5 years in federal prison, a relatively small amount given the huge amount of money stolen and the vast amount of lives ruined" So nothing has changed 🙄
@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.
@edehtochukwu9766
@edehtochukwu9766 2 жыл бұрын
This was suppose to be a bad story of Ponzi,but rather,I feel motivated by it. Ponzi just keep coming up with new ideas,that’s outstanding for me.
@nathanbullaft3445
@nathanbullaft3445 2 жыл бұрын
Yeah! I mean he wasnt the angel we hoped for but damn gotta respect the dedication
@allmightjunior6917
@allmightjunior6917 Жыл бұрын
Things i respect about ponzi : he knows what he wants in life, and he relentless at persuing it. Things i don't like about him: for someone as relentless as him, he is godman lazy to learn or do an honest legal work that will get him what he want. That's what happnes when your goal is only the end result without any consideration to the means used.
@exhilex
@exhilex Жыл бұрын
This is a perfect example of how greed can dip the blood off your arteries and veins. All legitimately successful and rich people are so, because they learnt to manage their greed and fear. It's a lesson that one must learn.
@XkaliburJ
@XkaliburJ 2 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 2 жыл бұрын
Jho Low was Malaysian Chinese
@isteyak78
@isteyak78 2 жыл бұрын
Ooooh! That's why they called it "Ponzi scam? 😂
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