encouraged him to do the same, with the intention of returning his family to its former socio-economic status.

Arrival in the United States

On 15 November 1903, Ponzi arrived in Boston aboard the S.S. Vancouver. By his own account, Ponzi had $2.50 in his pocket , having gambled away the rest of his life savings during the voyage. "I landed in this country with $2.50 in cash and $1 million in hopes, and those hopes never left me," he later told a reporter for

1.Previous
3.Next