Tommy Metz III
👤 PersonAppearances Over Time
Podcast Appearances
Then he stumbled on his own personal gold mine in the form of a coupon. an international reply coupon, in fact. Back in those days, an IRC was a type of voucher accepted in different countries that could be exchanged for local postage stamps. Bianchi realized that he could make a profit by buying international reply coupons in his home country of Italy and sell them for a profit in the U.S.
Then he stumbled on his own personal gold mine in the form of a coupon. an international reply coupon, in fact. Back in those days, an IRC was a type of voucher accepted in different countries that could be exchanged for local postage stamps. Bianchi realized that he could make a profit by buying international reply coupons in his home country of Italy and sell them for a profit in the U.S.
due to differing exchange rates. And with that, Charles Bianchi had found his meal ticket. But once again, remember, he didn't want to be rich. He wanted to be rich quick. greed took over. In order to purchase IRC is at scale, he began taking in money from investors huge sums of money over $220 million in today's economy.
due to differing exchange rates. And with that, Charles Bianchi had found his meal ticket. But once again, remember, he didn't want to be rich. He wanted to be rich quick. greed took over. In order to purchase IRC is at scale, he began taking in money from investors huge sums of money over $220 million in today's economy.
And he would pay off old investors with money from new investors in effect robbing Peter to pay Paul as it were the original and legal
And he would pay off old investors with money from new investors in effect robbing Peter to pay Paul as it were the original and legal
IRC investment plan that could have made him rich was largely forgotten as he raced to gather more more money faster and faster of course the scheme eventually fell apart as once he ran out of new investors to build it was revealed that there was no there there just a scheme that left his investors wiped out
IRC investment plan that could have made him rich was largely forgotten as he raced to gather more more money faster and faster of course the scheme eventually fell apart as once he ran out of new investors to build it was revealed that there was no there there just a scheme that left his investors wiped out
And it was this scheme where Charles found his ultimate legacy, not in fortune, but in fame. As you have almost certainly surmised by now, Charles Bianchi was just one of the many aliases he used after arriving in the United States. His birth name was Carlo Pietro Ponzi.
And it was this scheme where Charles found his ultimate legacy, not in fortune, but in fame. As you have almost certainly surmised by now, Charles Bianchi was just one of the many aliases he used after arriving in the United States. His birth name was Carlo Pietro Ponzi.
And while he spent much of his later life in prison and was eventually deported, the Ponzi schemes that are his namesake live on in America today. Looking for an investment that won't leave you bankrupt? Then call your broker and become a Feeling Friend today for the low, low price of 35 smackaroos. You won't be robbing Peter to pay Paul. You'll be robbing yourself to pay Uncle Peter and Tommy.
And while he spent much of his later life in prison and was eventually deported, the Ponzi schemes that are his namesake live on in America today. Looking for an investment that won't leave you bankrupt? Then call your broker and become a Feeling Friend today for the low, low price of 35 smackaroos. You won't be robbing Peter to pay Paul. You'll be robbing yourself to pay Uncle Peter and Tommy.
That wordplay was flawless. As a Feeling Friend, you'll get sundries of all sorts like extra content with each episode, special member-only episodes, our famed trailer archive, access to our Discord server, and so much more. So stop wearing that barrel with suspenders as an outfit and buy, buy, buy at allthefeelings.fund.
That wordplay was flawless. As a Feeling Friend, you'll get sundries of all sorts like extra content with each episode, special member-only episodes, our famed trailer archive, access to our Discord server, and so much more. So stop wearing that barrel with suspenders as an outfit and buy, buy, buy at allthefeelings.fund.
become a feeling friend today that's one scheme that you just can't lose now back to the show peter here's a story that may or may not relate to anything that comes after it but it has to do with greed this took place in around this would have been fifth or sixth grade and we were out i was out with friends and we were trick-or-treating And we were going down the block trick-or-treating.
become a feeling friend today that's one scheme that you just can't lose now back to the show peter here's a story that may or may not relate to anything that comes after it but it has to do with greed this took place in around this would have been fifth or sixth grade and we were out i was out with friends and we were trick-or-treating And we were going down the block trick-or-treating.
Do people still trick-or-treat? I feel like now people all go to like a mall.
Do people still trick-or-treat? I feel like now people all go to like a mall.
I would like to file a formal complaint that we should not be mixing children and car trunks. We are. That's the opposite of stranger danger. It wasn't my idea. You know what's in car trucks? Surprises. Get in there. Okay. Anyway, I digress. This one year, this one year, I remember there was like three houses in a row and they were not there. But they had put out a big bowl.
I would like to file a formal complaint that we should not be mixing children and car trunks. We are. That's the opposite of stranger danger. It wasn't my idea. You know what's in car trucks? Surprises. Get in there. Okay. Anyway, I digress. This one year, this one year, I remember there was like three houses in a row and they were not there. But they had put out a big bowl.