"The Ponzi scheme is named after a swindler named Charles Ponzi, who orchestrated the first one in 1919."

Actually I believe that the first Ponzi Scheme was orchestrated by the Ancient King Nimrod who instituted "Fractional Reserve Banking" the greatest Racquet of all time and the very foundation that all racquets and Imperialistic Pyramid schemes are based on.

Want to move up a level? Do you like human torture?