Ponzi: The Financial Idiot Who Scammed the World

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  • Опубліковано 29 вер 2024

КОМЕНТАРІ • 2 тис.

  • @MagnatesMedia
    @MagnatesMedia  Рік тому +280

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    • @minoena
      @minoena Рік тому +2

      nice

    • @theodd1soout
      @theodd1soout Рік тому +2

      How can i afford any of it

    • @Practicalinvestments
      @Practicalinvestments Рік тому

      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 Рік тому +1

      Awesome Job!

    • @chainsawFirewood89
      @chainsawFirewood89 Рік тому

      I thought 💭🤔 this was Moon 🌝🌜??!

  • @mugambo5505
    @mugambo5505 Рік тому +7496

    The fact that this guy never gave up is motivating.

    • @Rahul_Sastry
      @Rahul_Sastry Рік тому +487

      If only he used all that confidence to work in a legitimate job maybe history would be different.

    • @mugambo5505
      @mugambo5505 Рік тому +244

      @@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 Рік тому +78

      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 Рік тому +8

      @@IronicHavoc right

    • @captain4865
      @captain4865 Рік тому +47

      @@Rahul_Sastry you will never get rich working for someone else

  • @SpencerPaire
    @SpencerPaire Рік тому +5865

    Ponzi sounds like the personification of "Don't worry, this move is calculated.... but man, do I suck at math."

  • @CoffeeAndBusiness
    @CoffeeAndBusiness Рік тому +13

    He was persistent that’s for sure lol

  • @Kpsla
    @Kpsla Рік тому +6

    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.

  • @cactusjack2264
    @cactusjack2264 Рік тому +5

    Very interesting and fascinating story, there should be a movie about him! Can’t believe there hasn’t been one yet.

  • @ibrahim.1606
    @ibrahim.1606 11 місяців тому +1

    Once you decide to earn your living dishonestly, you will spend your whole life doing that.

  • @victoridemudia3917
    @victoridemudia3917 Рік тому +4

    What I love about ponzi is that he didn't give up

  • @KlausMauThuy
    @KlausMauThuy Місяць тому

    The concept of Secret Pathway To Triumph blew my mind. It’s like finding a cheat code for financial abundance.

  • @kuldeepsinghrathore6142
    @kuldeepsinghrathore6142 Рік тому +6

    Can we just appreciate the video and content quality 🔥🔥🔥 feels like I'm watching a sci-fi movie. Claps for the team 👏👏👏

  • @classicist17
    @classicist17 Рік тому +2

    "he was finally a changed man and ready to do some good in the world "
    "he literally tried a new scam immediatly after his release"...☠

  • @lundsweden
    @lundsweden Рік тому +1

    Mellissa Caddick recently ran a very similar operation here in Australia. She is currently missing presumed dead.

  • @santhosh-j7e
    @santhosh-j7e 7 місяців тому +3

    Who are here after myv3 add issue explained by a2d?

  • @rioxys4088
    @rioxys4088 Рік тому

    The real scam here in this vid is that for 20 minuts of watching i have gotten 5 ads

    • @mylerwilson4879
      @mylerwilson4879 Рік тому

      There’s something called ad blockers, anyone can access them and they’re free

  • @sufiyanahmad779
    @sufiyanahmad779 Рік тому

    Moral of the story: if You want to loot a lot of people at once, don't expect for their mercy but feed their greed.

  • @issacflash2765
    @issacflash2765 3 місяці тому

    The fact that his name was Ponzi and no one thought that this was a scam is wild

    • @nyawolifalethu
      @nyawolifalethu 3 місяці тому

      the scam was named after him. it wasn't a term everyone used before he did the scam

  • @Joronyx
    @Joronyx 8 місяців тому

    Even criminals have their names carved in history.. about time we moved our lazy behind 😂

  • @RayOrly-fs3gr
    @RayOrly-fs3gr Місяць тому

    You have to concede his motivation was sky-high...

  • @yusuphakanteh8637
    @yusuphakanteh8637 Рік тому

    The fact that Mr. Ponzi never gives up from good dreams of living a lavish and luxurious life, makes him to be A NO MATTER WHAT PERSON!

  • @lingeprune2373
    @lingeprune2373 Рік тому

    morale of the story: invest into ponzi scheme the earliest then leave

  • @YasirSahto
    @YasirSahto Рік тому

    The fact that this guy wasted all his life running for money and in the end he died moral : never be ungrateful be content with what u have because in the end we all have to go in the grave where there is nothing but us

  • @time558
    @time558 Рік тому

    "He envisioned that his guide would be translated into French, German, Italian, Spanish and Portuguese and that he would expand his business into Europe..."
    Yeah, since France, Germany, Italy, Spain and Portugal are Central African countries....😅

  • @theegabs
    @theegabs Місяць тому

    This is the best hook I've ever seen!!

  • @JDUBBAU2
    @JDUBBAU2 Рік тому

    The theme at the title of the video went kinda hard ngl

  • @gagebreaux9840
    @gagebreaux9840 Рік тому +2

    I have to say, this video was incredibly entertaining and informative! I was leaning in to every detail of your narration.

  • @jcam4027
    @jcam4027 Рік тому

    Ah!! Funny, he did his prison time not to far from my house.

  • @xMaugrex
    @xMaugrex Рік тому

    To be fair, the thought of working a 9-5 menial labor job every day for your whole life should repulse EVERYONE.

  • @SouveraineMiaa
    @SouveraineMiaa Рік тому +7342

    Ponzi was the living definition of no realizing that YOU are the problem in the situation

    • @darkwoodmovies
      @darkwoodmovies Рік тому +41

      omg, Taylor Swift was right!!

    • @Jasper-qp6li
      @Jasper-qp6li Рік тому +28

      minor spelling mistake

    • @tomohawk2177
      @tomohawk2177 Рік тому +74

      @@Jasper-qp6li realise is spelt differently in different countries

    • @Jasper-qp6li
      @Jasper-qp6li Рік тому +19

      @@tomohawk2177 no

    • @XSilver_WaterX
      @XSilver_WaterX Рік тому

      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!!!

  • @Boxingsnotdead
    @Boxingsnotdead Рік тому +2035

    Imagine how epic he'd be if he had social media like all the scammers and gurus today

  • @LieuDucPhong
    @LieuDucPhong Місяць тому +737

    Anyone else here obsessed with Secret Pathway To Triumph? It's like discovering a secret treasure map for wealth!

  • @peachtreee4649
    @peachtreee4649 Рік тому +6711

    The fact that people used his name to this day made everything worth it for him.

    • @DesignByKirk
      @DesignByKirk Рік тому +137

      that's the wrong take

    • @greenoftreeblackofblue6625
      @greenoftreeblackofblue6625 Рік тому +304

      @@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 Рік тому

      Musk is the new ponzi

    • @Hotwopper
      @Hotwopper Рік тому +56

      @@greenoftreeblackofblue6625 copium overdose

    • @no_se_nada_de_nada
      @no_se_nada_de_nada Рік тому +130

      I don't know dude, I wouldn't like my name turned into a synonym for scam.

  • @thenoviceind
    @thenoviceind Рік тому +2641

    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 Рік тому

      Kevin O'Leary was a recent victim of a Ponzi scheme

    • @thenoviceind
      @thenoviceind Рік тому

      @@goldengold8568 ooh btw I don't have any idea about ...let me check

    • @anthonymacgregor9790
      @anthonymacgregor9790 Рік тому

      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 Рік тому +45

      Because rich people wouldn’t fall for thay

    • @thenoviceind
      @thenoviceind Рік тому +5

      @@kingtaco1725 exactly

  • @richlambeth7050
    @richlambeth7050 Рік тому +345

    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 6 місяців тому +4

      💀

    • @HappyGick
      @HappyGick 5 місяців тому +25

      Might as well not run a scam in the first place 💀

    • @ItzOrangeyYT
      @ItzOrangeyYT Місяць тому +5

      Good advice. I'll be sure to do that!

    • @danielmccarthy3672
      @danielmccarthy3672 15 днів тому

      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.

  • @CristanMeijer
    @CristanMeijer Рік тому +898

    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 Рік тому

      Yep, people who blindly chase get-rich-quick schemes usually ruin their lives doing so

    • @PointsofData
      @PointsofData Рік тому +61

      Greed. Not self love...greed.

    • @andreieminovici1894
      @andreieminovici1894 Рік тому +7

      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 11 місяців тому

      Too much self love is greed, no?

    • @morning_staar
      @morning_staar 8 місяців тому

      i'd rather live 5 years as a rich guy then my whole life as a miserable 9-5 slave

  • @oxygen3143
    @oxygen3143 Рік тому +104

    Ponzi is the type of guy to unironically say that he doesn’t lose but only fails to win

    • @fl8281
      @fl8281 Рік тому +5

      Oversimplified reference

  • @JBGAMBIT
    @JBGAMBIT Рік тому +171

    Charles should’ve just been a banker, then it’d alllllll be legal!

  • @NyteOwl
    @NyteOwl Рік тому +525

    Honestly man, found this channel a month back and it is all I watch now. Incredibly done.

  • @AikiraBeats
    @AikiraBeats Рік тому +366

    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 Рік тому +6

      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 Рік тому +3

      i also wondered why its called the ponzi scheme!

  • @mdilligaf
    @mdilligaf Рік тому +19

    0:36 the "untold truth"? Which part of this is untold?

  • @jasper9387
    @jasper9387 Рік тому +22

    I love how whenever someone is thinking or devising a plan a bunch of e=mc squares just fly around

  • @michaelfjmusic
    @michaelfjmusic Рік тому +1440

    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 Рік тому +360

      A 9-5 is not for everyone, corporate slavery doesn’t make anyone happy

    • @michaelfjmusic
      @michaelfjmusic Рік тому +371

      @@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 Рік тому +187

      @@TripleOhSeven Still better than living in jail for half of your adulthood time 😂

    • @orlindimitrov7322
      @orlindimitrov7322 Рік тому +68

      @@michaelfjmusic Working a regular job eats your soul

    • @_Akshxy__G
      @_Akshxy__G Рік тому +33

      Either u risk everything or live like economic slave

  • @davidlayman901
    @davidlayman901 Рік тому +1717

    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 Рік тому

      Absolutely not. He deserved everything he got. He ruined tons innocent peoples lives.

    • @willylukito7983
      @willylukito7983 Рік тому +173

      don't feel bad. He asked for it

    • @ryanyu102
      @ryanyu102 Рік тому +75

      Well if anything the his name will forever be immortalized in the history books

    • @fer1306
      @fer1306 Рік тому +68

      You feel bad for him?! What is wrong with you?!

    • @faizalqorni7969
      @faizalqorni7969 Рік тому +32

      @@fer1306 absolute society moment

  • @ekweisking2023
    @ekweisking2023 Рік тому +553

    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 Рік тому +6

      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 Рік тому +60

      @@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 Рік тому +55

      @@laszlobandi6456that’s mostly copium from people who couldn’t finish school

    • @永-u5x
      @永-u5x Рік тому +17

      @@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 Рік тому +10

      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 Рік тому +95

    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 Рік тому

      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 5 місяців тому +2

      Exactly why its better to just abstain from luxury

    • @ElaineAeris
      @ElaineAeris 5 місяців тому

      WOW this comment is amazing. 👏 👏 Well said!

    • @Hellokemon
      @Hellokemon 2 місяці тому

      ​@@nathanielanderson8753lmao
      Imma use that to cope cause iam broke
      Iam actually broke 😢

    • @prumchhangsreng979
      @prumchhangsreng979 Місяць тому +1

      @@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

  • @Blake22022
    @Blake22022 Рік тому +60

    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 Рік тому +3

      yeah people talk about value but I see people trying to exploit each other

    • @GicN
      @GicN Рік тому +1

      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 Рік тому +1

      Ua are treu, it feels like evryone destroy each other for money, everyone is becoming slave to it

    • @burgernthemomrailer
      @burgernthemomrailer Рік тому +1

      @@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 Рік тому

      i would not press it at all bro@@burgernthemomrailer

  • @historiesmade
    @historiesmade Рік тому +247

    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 Рік тому +1

      Couldn’t have said it better myself

    • @boijone8440
      @boijone8440 Рік тому

      If you make enough money to bribe the right officials, those integrity checks never come....

    • @turkeyherder9456
      @turkeyherder9456 Рік тому +4

      His dream is the fucked up part, scamming people isn't noble.

    • @morning_staar
      @morning_staar 8 місяців тому

      @@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 Місяць тому

      ​@@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

  • @billpapas1997
    @billpapas1997 Рік тому +51

    im half way through this video and i feel like im full in debt

  • @kalen2
    @kalen2 Рік тому +129

    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 Рік тому +1

      How can i learn this type of editing?

    • @royalobasi1938
      @royalobasi1938 9 місяців тому

      @@harshu2651 my best advice is to play around with motion graphics on after effects and learn the smooth camera movement,
      just experiment

    • @micrology3350
      @micrology3350 29 днів тому

      @@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 26 днів тому

      its nothing special

  • @Healthandwealth9422
    @Healthandwealth9422 Рік тому +411

    This man was so good
    There is a scam named after him!

    • @chrissi.enbyYT
      @chrissi.enbyYT Рік тому

      The FED is a giant Ponzi scheme but no one cares, until the USD collapses in 2025

    • @robertwalker5521
      @robertwalker5521 Рік тому +14

      The ponzi scheme is wat different from the MADOFF Scheme

    • @chrissi.enbyYT
      @chrissi.enbyYT Рік тому +3

      @@robertwalker5521 same with FTX, stock market, Citadel, ...

    • @elbarto4069
      @elbarto4069 Рік тому +6

      He was so bad there is a scamme named after him

    • @radiicola3631
      @radiicola3631 Рік тому +1

      He was so bad that he was quickly caught

  • @luckyluc009
    @luckyluc009 Рік тому +124

    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.

  • @Xamry
    @Xamry Рік тому +20

    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 5 місяців тому

      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.

  • @Footballzenis
    @Footballzenis Рік тому +127

    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.

  • @luke-appleton1
    @luke-appleton1 Рік тому +25

    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…

  • @ammavanfc9983
    @ammavanfc9983 Рік тому +15

    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...

  • @jimsutton9618
    @jimsutton9618 Рік тому +2

    Investing is considered a bedrock in making generational wealth. Most people don't know when, where or what to invest in. Fortunately, great investors of the past and present can provide us with guidance and ideas. Meaningful contributions are always welcomed.

    • @bobvan2201
      @bobvan2201 Рік тому

      The common mistake we newbies make is without help and legit guidance from a professional.

  • @GoldenBoyXCM
    @GoldenBoyXCM 8 місяців тому +3

    Horrible overediting and soundeffects

  • @Hottakes99
    @Hottakes99 Рік тому +24

    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!

  • @AveMcree
    @AveMcree Рік тому +10

    Another banger!!! You inspire me to do better with content!!!

  • @MDMart
    @MDMart 23 дні тому +3

    Omg, the TikTok editing of something new every other second, the fast failed narrating , and the "made for TV" chaptering are a horrible mix of contradicting styles.
    Nice well rounded story though

  • @patrickkassis7387
    @patrickkassis7387 Рік тому +39

    3.5 years only after stealing all that money, the judges are too good with him

    • @GeorgeSmith-p2u
      @GeorgeSmith-p2u Рік тому +6

      That’s why you steal from the poor not the rich.

  • @JW-nq9lc
    @JW-nq9lc Рік тому +59

    Your editing and storytelling are better every video, can't wait to see you at a million subs in the coming months!

  • @DanishTroll87
    @DanishTroll87 Рік тому +11

    Ponzi was not an idiot. The way his investment worked wasn't a bug, but its feature.

    • @Dan-dy8zp
      @Dan-dy8zp Рік тому

      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 Рік тому +8

    "Invest in my IRC token!"
    - Charles Ponzi, 2023

  • @abdellahafkir
    @abdellahafkir Рік тому +34

    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 Рік тому

      ROUTZEDO model the answer

  • @mrtortoise3766
    @mrtortoise3766 Рік тому +39

    You know you’ve made it financially when a crime is named after you

    • @fl8281
      @fl8281 Рік тому

      Not really, you got nothing but the name. It's not worth it .

    • @ok4350
      @ok4350 Рік тому

      Yeah he can def hear us while being dead 6 feet under

    • @ilovejesuschrist992
      @ilovejesuschrist992 10 місяців тому +2

      ​@@ok4350He probably reincarnated a few times

  • @joycewiley7959
    @joycewiley7959 Рік тому +22

    Amazing video and thank you for breaking it down!! Despite the economic downturn, I'm so happy I have been earning $60,000 returns from my $12,000 investment every 14days.

    • @web3tycoon
      @web3tycoon Рік тому +4

      @bartonquaintance2837 please watch the video again

    • @joycewiley7959
      @joycewiley7959 Рік тому +3

      Consistently investing with proper guidance in quality dividend paying companies is a relatively easy strategy to create wealth. Well I copy trades from daily signals of Mrs Benito Revilla of financial education

    • @stewiegriffin2367
      @stewiegriffin2367 Рік тому

      I got Benito's recommendations in December 2021 and started following her lead and made $27,450 in a week & 5days. Lost my job in January 2022 and right now I'm back on top again and ready to go with her guidance.

    • @zatti9537
      @zatti9537 Рік тому

      Trading with Benito's strategy is nothing new to me, I opened a trading at $5K, and l've been able to scale to $28K in two weeks.

    • @kevanbell1112
      @kevanbell1112 Рік тому

      My first investment with Mrs Benito gave me profit of $80,000 and ever since then she has never failed to deliver and I still stand by saying she’s the sincere account manager I have known.

  • @unclemikescomedy
    @unclemikescomedy 3 місяці тому +3

    Nobody cares about the real damn heroes here,
    those journalists that went back on calling him a genius to then in estigate him.
    THAT'S journalistic integrity.

  • @mokyfn
    @mokyfn Рік тому +17

    OMG. The editing skills in this video are just unbelievable. I personally edit the videos and this is just amazing!

  • @sniffcardozo1970
    @sniffcardozo1970 Рік тому +23

    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

  • @DestroyerMariko
    @DestroyerMariko Рік тому +12

    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 Рік тому +4

      oh my god and then a scambot replies to me lmao off I go to report and block again, until UA-cam finally bothers to get smarter about catching them 🙄🤦‍♀😩

    • @andrewince8824
      @andrewince8824 Рік тому +3

      I hope they do. Anyone stupid enough to fall for those things deserves what they get. It's like a fiscal Darwin Award.

  • @SuperUnknownNetwork
    @SuperUnknownNetwork 10 місяців тому +4

    Whoever is greedy for unjust gain troubles his own household,
    but he who hates bribes will live

  • @smj460
    @smj460 Рік тому +30

    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."

  • @PartyboyDanny
    @PartyboyDanny Рік тому +32

    He never gave up until he won and then lost it all

  • @eternalYTC
    @eternalYTC Рік тому +6

    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!

  • @pierreforce8370
    @pierreforce8370 Рік тому +2

    I see all the good reviews about Calcecode he must be a good person according to my colleague who got helped by his services.

  • @Mirsab
    @Mirsab Рік тому +10

    0:34 untold truth? You sure about that??

  • @krishnaSagar69
    @krishnaSagar69 Рік тому +22

    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.

  • @pamanthanos9742
    @pamanthanos9742 Рік тому +4

    so many failure but this scheme still work today

  • @RETROACTIVETV
    @RETROACTIVETV Рік тому +7

    Is this whole video edited in After Effects? Absolutely insane work, if not some of the best on the entire platform.

  • @sandraambrose5564
    @sandraambrose5564 Рік тому +2

    Days of accomplishment I have seen that came through. Working with Calcecode was truly WORTH IT.

  • @ConservativeLatina86
    @ConservativeLatina86 Рік тому +44

    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 Рік тому +1

      And he got exactly what he deserved for it. Made me smile.

  • @manuelpinto4809
    @manuelpinto4809 Рік тому +1

    Baldomera Larra Wetoret first documented Ponzi scheme years before Ponzi, a women from Spain.

  • @SageTech2
    @SageTech2 Рік тому +12

    Nice of you to cover SBF's extended family

    • @ProfAzimov
      @ProfAzimov Рік тому

      This guys italian, not Jewish

  • @chrismahihu
    @chrismahihu Рік тому +9

    Thanks

  • @detailed_art101
    @detailed_art101 Рік тому +8

    So that’s where the phrase “ponzi scheme” came from😂

  • @doudisgamer4886
    @doudisgamer4886 2 місяці тому +2

    Who else came here to start his own Ponzi scam?

  • @JohnnySingh-uo4eg
    @JohnnySingh-uo4eg Рік тому +51

    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 Рік тому +1

      Come on

    • @fyelow9123
      @fyelow9123 Рік тому +2

      Firstly you can park your money in a money market fund and earn 5% interest rate if you wanted

    • @fyelow9123
      @fyelow9123 Рік тому +2

      Secondly you could educate yourself and put work into learning how to invest

    • @fyelow9123
      @fyelow9123 Рік тому +4

      Thirdly he preyed on people he could exploit, that's not admirable. That's self interest and arrogance

    • @baribari1000
      @baribari1000 Рік тому

      he's talking about regular banks, not money market funds@@fyelow9123

  • @gagannegi
    @gagannegi Рік тому +41

    You put so much effort on a video. Hats off man 😇

  • @allmightjunior6917
    @allmightjunior6917 Рік тому +5

    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.

  • @oldjdub2650
    @oldjdub2650 Рік тому +1

    This is a good doc but the editing went so hard it made me dizzy. I ended up just listening to the audio

  • @hedgeearthridge6807
    @hedgeearthridge6807 Рік тому +45

    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 Рік тому +3

      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 Рік тому

      @@kurosakiichigo7475 or maybe they did that on purpose to fool the Russian government into not investigating into their military.

    • @cattlecumwewlad6941
      @cattlecumwewlad6941 Рік тому +1

      NAFO profile pic lmao a human definitely made this comment

    • @kokodoko8036
      @kokodoko8036 Рік тому +1

      @@cattlecumwewlad6941 glowies working overtime.

  • @needfulthingsdesigns999
    @needfulthingsdesigns999 Рік тому +9

    Thanks! Love your work man

  • @themilkgod99
    @themilkgod99 Рік тому +9

    Honestly I gotta say you explained the scheme really well which I'm really glad about

  • @ndahayoemmanuel9908
    @ndahayoemmanuel9908 Рік тому +29

    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

  • @yamukinai1001
    @yamukinai1001 Рік тому +55

    Brutal story man. This guy went through a lot!

    • @arrow1414
      @arrow1414 Рік тому +28

      A tough lot of his own making.

    • @welennelew9866
      @welennelew9866 Рік тому +15

      He went through a lot for what?
      Every single bad thing he experienced was totally his own fault

    • @josephleebob3828
      @josephleebob3828 Рік тому

      @@arrow1414 still

    • @josephleebob3828
      @josephleebob3828 Рік тому +1

      @@welennelew9866 still he went through a lot just bc he chased his dreams

    • @burrybondz225
      @burrybondz225 Рік тому +1

      @@josephleebob3828 and all he caused was nightmares.

  • @lilkero1410
    @lilkero1410 Рік тому +5

    This a true hustler bro just thought since he get them all gone they gon have to make more

  • @menloo
    @menloo Рік тому +2

    How do you guys watch this video? It's so over edited and distracting. Im stopping after 3 minutes.

  • @Crushedbug0
    @Crushedbug0 Рік тому +2

    Do one about Sam Bankmen freed

  • @nyasha_ish
    @nyasha_ish Рік тому +8

    Bro grinded like his life depended on it, till it did

  • @glasswareround5415
    @glasswareround5415 Рік тому +60

    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!! ❤❤❤