If you did not hear or red about Charles Ponzi, here is Wikipedia timeline or if you want something different dedicated to him.

Charles tried to rise become rich in the ways that were available at that point in time. He is actually the very first person who understood how paper money worked by simply looking to the US Dollar. He also understood that the Federal Reserve is not Federal or a Reserve and it totally a corporation that operates with the only  purpose or subtracting wealth from individuals and small/large businesses.

He was an inconvenience for authority or more exactly to those who have the absolute military power to subdue mases to their needs. He is considered a con man but if you look to his later bussiness model it definitely not different then a crypto token or a fiat currency. 

Basically he created the illusion of wealth exactly as the government does when it releases the bonds (they are actually IOUs paper/insurance) then "borrowing" from the FED which themselves do not have anything but issue more bills (fake).

Sooo why is he a con man if he literally imitated the Federal Reserve:

?

But these are my own thoughts, what do you think of my idea, should Charles Ponzi be Exonerated from being a financial criminal?

Peace!