Maybe Never Take Investment Advice from a Guy Named “520% Miller”

Carlo Pietro Giovanni Guglielmo Tebaldo Ponzi rode to riches in the early twentieth century on the promise of exponential returns. Naysayers who pointed out how he couldn’t be telling the truth were ignored or shouted down. In the end, the fundamental flaw of the successful Ponzi scheme brought his “Securities Exchange Company” down. Ponzi wasn’t the first - he certainly wasn’t the last.

Miller, Ponzi, Madoff - why do we keep falling for Ponzi schemes?

Guests:

S. Gregory Hays, CTP, CIRA - Hays Financial Consulting; Atlanta, GA

Episode Notes:

Greg Hays’ LinkedIn

Show Notes:

Theme music by the mysterious Breakmaster Cylinder. Other music by the mysterious Breakmaster Cylinder, including “Tremendous Sideburns Beet“ and “Mr. Chompers” (under license).

Show branding by Peg Fitzpatrick & PMG Group.

P.R. and social media by Carol Lunger, Emily Stern, and A B+C Creative.