Anyone can work a simple swindle. But you need to be a special kind of con man to bilk billions from otherwise intelligent people. Bernard L. Madoff was one such man. Charles Ponzi was another. But the biggest fraud and scam master of all goes by the name of Uncle Sam.
Just what does a person have to do to make his name synonymous with fraud? Charles Ponzi, the father of the “Ponzi scheme,” knows. Unfortunately, so does Uncle Sam. And taxpayers across America are about to find out.