The irony that his primary motivator was to bring prosperity back to his once wealthy family, only to make the family name synonymous with fraud and deceit a century after his death.
Good Man! Excellent job. Could you imagine how boring and unknown the family name would be without? Provided a tool for generations to use. Good & bad, right & wrong, etc.. is an opinion
That's not irony that was literally a necessity for his goal. It would be ironic if he would have made his own family poor instead because of his plans.
"It's hard to believe this is the same guy who donated part of his own skin" People are complex. That's why we are taught everyone has good and bad in them and no one can be bad all the time or good all the time.
I’m sure he was well compensated for his act of ‘charity’. I think desperation other than kindness was the motivation. The fact it was a good thing to do was merely happenstance. Imo of course. I don’t know my own motivation most of the time, never mind some Italian immigrant over a century ago.
my fiancé calls you "Ohh! The Dapper Man" every time I play your videos. She's got the most adorable mid Pennsylvanian accent so it's particularly endearing to hear.
If we were to be honest, the most complex structure in the world is something never to be seen physically, emotion, something that the brain had scientifically created yet it itself cannot fully understand or nullify.
What I love about all these famously known criminals is they were usually pretty terrible at what they did, like this guy just constantly scammed people, got caught, served time, found a new job and scammed more people, its nuts!! It seems to be infamous all you need to fo is continuously do something you're horrible at and people will admire your persistence forever.
Thoughty2, you should do a video on "Count" Victor Lustig; the man who sold money making machines, but whose most spectacular con was selling the Eiffel Tower to a French scrap metal dealer. Supposedly, he also conned $5,000 from Al Capone and lived to talk about how he did it.
It is a bit distraught that this happened. I have been scammed before as a kid, and it felt awful. I cannot believe how much worse it could have been for these people. These scammers seem to be psychopaths/sociopaths. I would even say that the internet is making it easier for these people to grow their influence
Great show. I purchased your book a week ago, looking forward to reading it. Thanks for the time you put into the show with cool content, and your delivery is spot on.
Honestly, the credit for the biggest, longest running ponzi scheme belongs to the federal reserve. The US dollar is basically the modern equivalent to Ponzi's "international reply coupons"
I think credit goes to the people who made people believe that paper is the same as gold🙄 Here's some paper i made myself and it's way better then your land or gold so please take some of it and give me your gold and land! 😂💦🌊
@@SvensktTroll the gold standard was the only thing giving people power over the currency. Of course we switched to a paper based currency, it’s more practical. Do you really think people in the 21st century would be willing to carry a sack of gold everywhere? No. That’s why we don’t. But the dollar being backed by gold makes it so the government can’t just print money because they need an equivalent amount of gold. Nixon taking us off the gold standard gave the federal government complete power over the US dollar because now they can just print money like crazy, which they are doing right now in response to the pandemic.
I got into this when I was 20. I gave them $400. It left fishy after 2 weeks, when they kept pressuring me to get in other people to join. I stopped going and accepted my lost. It's ok. Live and learn.
One reasons these keep happening is the initiators of schemes *believe* their own garbage, and when they realise their idea doesn't work, they convince themselves it's all okay as they start defrauding in earnest. They're willing to lie to themselves so money keeps coming in.
I think I've watched a solid 90% of your videos man!😂 Hey, listen to this though. Thank you. I've been pondering my life for the past several months now. And you have helped me evaluate my life for some of this, which I believe is much better and I, a much better person.
8:55 and this right here is the argument in favour of limiting one's swearing. It means you can pull one out of the bag suddenly and make it hilarious. Meanwhile someone like me who swears often could never pull that line off comedically
There are actually many royal families in Nigeria. One of my family friends is a Nigerian prince. My computer science teacher is also a Nigerian prince.
I got a email from a advocate from london england saying he had a client without any next of kin that died after a brief illness (cancer) and had left 15.2 million pounds sterling in a account and he send me the email because he could get the money free with my help because i have the same last name as the rich guy. Now my email adress ends with sith'ari so this rich guy must also have been the chosen one of the sith.
There was a Ponzi scheme going on close by my city just before the pandemic. A guy from another part of Brazil started it out some 4 years before. By the start of the pandemic, when everybody wanted their money back to face it, he had already wiped out three cities close by. A bunch of old rich people and a few dealers unsurprisingly wanted him dead after knowing everything he claimed he owned was actually rent, and that he din't had a penny. The man ended up running away to neighbor countries, but the police couldn't handcuff him: he made a society with everyone who gave him money, meaning that legally they were investing their money in their own business. In the end 200 milion of Brazil's currency are estimated to be in his possession. This happened in Lorena-SP, Brazil
That man did his family a huge favor. For generations, they'll have a social-tool to use. Hell, I always forget customer's names. The Ponzi family will not have that problem thanks2 their well-dressed, dapper grandfather!
Arran is the Ponzi of storytelling. I can invest in 20 minutes in watching his videos in the hope I could get 50% more minutes the next days and so on to watch over and over making myself a prodigy storyteller. Thanks for watching. ⭐⭐⭐⭐⭐
@@Triangleinformation That wasn't a ponzi scheme. That was lots of people working together and investing in meme stocks to stick it to wall street. And it actually made the people that invested a lot of money until brokers stepped in and stopped the whole thing. It might be market manipulation (authorities are investigating that atm) but it's not a ponzi (aka pyramid) scheme.
I still cant believe he hasn't been cast as a version of the doctor in Dr. Who i mean image a gorgeous mustache a big scarf and a red fez with a bowtie ahhhh!
Biggest scam in history: _Hyperintelligent eleven year old dons false moustache and fools entire internet into thinking he's an adult of slightly-above-normal intelligence._
"placate" is pronounced with a hard c sound. Well-read, digital age podcasters of seem to have pronunciation gaps in their educations. Not their fault at all. . . This old lady is here to help.
i actually like the sponser ads way more than youtube’s adds , stuff that i actually sometimes could be interested in *”that reminds me today’s sponser raid shadow legendsssss”*
Thanks for watching! Don't forget to support the channel by checking out Trends at trends.co/arran
:)
Love your vids 😄
Why I comment is 47 mins old and video 10mins?
Please make another book! Do u actually work in Preston?
Ye
The irony that his primary motivator was to bring prosperity back to his once wealthy family, only to make the family name synonymous with fraud and deceit a century after his death.
Good Man! Excellent job. Could you imagine how boring and unknown the family name would be without? Provided a tool for generations to use. Good & bad, right & wrong, etc.. is an opinion
Task failed successfully.
it is still an achievement... an infamous one to boot. :D
Aint that about a bitch
The real irony is that this guy coined the phrase by replicating the banks behaviour on a personal level
I still can't get over the fact that Mr. Thoughty2 started out without that fabulous mustache.
Hes baby faced in his original videos grew that out over time
And the red tie :,(
Wait he didn't always have that mustache
Yep he was a bare lipper before.
I remember when he didn't have the stash
The saddest thing ever is my actual name is Prince and I originate from Nigeria so just from the get go nobody trusts me
I'll give you my trust, dont break it.
An actual Nigerian Prince, maybe the first though not exactly of the type often impersonated lmao
Change ur name to conman and people will trust u
......and you expect me to believe that??
Bruh.
It's ironic that he was trying to get his family out of poverty, but ended up putting so many others' families into poverty while doing it
Get rich or die tryin💯.
Yeah quite ironic
Only the strong survive
That's not irony that was literally a necessity for his goal. It would be ironic if he would have made his own family poor instead because of his plans.
@@iamdillyj I guess so. More poetic than ironic
"It's hard to believe this is the same guy who donated part of his own skin"
People are complex. That's why we are taught everyone has good and bad in them and no one can be bad all the time or good all the time.
I’m sure he was well compensated for his act of ‘charity’. I think desperation other than kindness was the motivation. The fact it was a good thing to do was merely happenstance. Imo of course. I don’t know my own motivation most of the time, never mind some Italian immigrant over a century ago.
The father of lying through the skin of his teeth.
my fiancé calls you "Ohh! The Dapper Man" every time I play your videos. She's got the most adorable mid Pennsylvanian accent so it's particularly endearing to hear.
*"The human brain is the most complex structure in the whole entire universe"*
_-Human Brain._
I think this “Human brain” character might be a bit biased
it's even weirder. considering that we are made from universes materia, we are actually the universe observing itself.
@@91DevilDriver91 Tree too loud.
Eyes are more complex…
If we were to be honest, the most complex structure in the world is something never to be seen physically, emotion, something that the brain had scientifically created yet it itself cannot fully understand or nullify.
"Ponzi" sounds like a lavish type of pasta.
Until you realize its just some shit limp noodle.
More like the one who sings despacito
Ponzi? Didn't he ride a motorcycle in the show Happy Days?
Almost sounds like Ponch and Fonzi so did he inspire Chips and Happy Days?
No actually its a sauze
The simple answer for why people still fall for these kinds of schemes: greed.
thanks for coming to my TED talk
Bitconneeeeeeeeeeeeeeect
@@DogMeatDelicious wazawazawazawazawassuuuuupppppp
Desperation
Hilarious how it starts off talking about things being to good to be true. Then cutz to "trends is an absolute gold mine" lol love it
I bought myself and my best friend Thoughty2’s book for her birthday. I feel proud for introducing her to this channel
I just received my signed copy of Stick A Flag In It!....along with a purple balloon lol
@@bobsbobbs Yeah
@shane-can you share the significance of the purple balloon?
we need to know abt the balloon pal .
The Federal Reserve: "Hold my beer."
✌️👍👍👍👍
Should be called the
Federal Enslavement System
Techniacally, dollar emission is a Ponzi scheme)
True dat, geezer.
8:52 "the only trouble was, all his ideas were sh*t!" *I died*
What I love about all these famously known criminals is they were usually pretty terrible at what they did, like this guy just constantly scammed people, got caught, served time, found a new job and scammed more people, its nuts!! It seems to be infamous all you need to fo is continuously do something you're horrible at and people will admire your persistence forever.
why else do you think sisyphos started rolling his stone up the hill? that's quite a while ago and he's still remembered today.
"Hey Thoughty 2 here"
That's all my brain wants to hear before going to bed
GIVE ME HATE ON MY VIDEOS..!
Seced
I mean second
Owayed 5th
hey 42 here
"He was so good at it they named it after him"
So he's the Randy Moss of scheming?
No! He's the Benedict Arnold of ponzi schemes!
He was the Brian Scalabrine of scheming
Maybe Mr Scheme was the 1st real schemer...
He was the google of schemers.
Yes!!! Caught that parks and rec reference “Low cal calzone zone” 8:50
Thoughty2, you should do a video on "Count" Victor Lustig; the man who sold money making machines, but whose most spectacular con was selling the Eiffel Tower to a French scrap metal dealer. Supposedly, he also conned $5,000 from Al Capone and lived to talk about how he did it.
It is a bit distraught that this happened. I have been scammed before as a kid, and it felt awful. I cannot believe how much worse it could have been for these people. These scammers seem to be psychopaths/sociopaths. I would even say that the internet is making it easier for these people to grow their influence
Great show. I purchased your book a week ago, looking forward to reading it. Thanks for the time you put into the show with cool content, and your delivery is spot on.
Honestly, the credit for the biggest, longest running ponzi scheme belongs to the federal reserve. The US dollar is basically the modern equivalent to Ponzi's "international reply coupons"
This is true! If you or I tried to do what the Federal Reserve is doing, we would be put in prison!
I think credit goes to the people who made people believe that paper is the same as gold🙄 Here's some paper i made myself and it's way better then your land or gold so please take some of it and give me your gold and land! 😂💦🌊
@@SvensktTroll the gold standard was the only thing giving people power over the currency. Of course we switched to a paper based currency, it’s more practical. Do you really think people in the 21st century would be willing to carry a sack of gold everywhere? No. That’s why we don’t. But the dollar being backed by gold makes it so the government can’t just print money because they need an equivalent amount of gold. Nixon taking us off the gold standard gave the federal government complete power over the US dollar because now they can just print money like crazy, which they are doing right now in response to the pandemic.
Lack of knowledge is no substitute for knowledge. Do you understand, Kazuma? No, I'm sure you don't.
Actually, Social Security is more of a Ponzi scheme. The Federal Reserve just prints more money whenever they need to.
Rocking that Edwardian Prizefighter look there, my man.
I got into this when I was 20. I gave them $400. It left fishy after 2 weeks, when they kept pressuring me to get in other people to join. I stopped going and accepted my lost. It's ok. Live and learn.
The seamless segway actually cracked me up. Thanks for the good videos!
"The only was..all his ideas were shit" 🤣
The only trouble*
When you notification bar can't quite hold all of the text: "Meet the man who pulled off the biggest...."
..
IE YOUR FARTHER HAHAHAHAHA
One reasons these keep happening is the initiators of schemes *believe* their own garbage, and when they realise their idea doesn't work, they convince themselves it's all okay as they start defrauding in earnest. They're willing to lie to themselves so money keeps coming in.
When I first clicked I thought this was going to be about the inventor of insurance.
''There's no end to what you can do when you don't give a f*ck about particular people''
- Louis CK
Just in this case it's any other people
The man who tells us about scams while advertising a scam
Is trends a scam?
@@Tank175 sponsors are often over exaggerated for how good they are and stay aloft through aggressive marketing
I find him advertising in his show exceedingly disrespectful.
@@jube8835 that is true but I wouldn't call it a scam if the information is just exaggerated and not completely wrong.
@@jube8835 isn't that just advertisement.
Why would he say it's just a site which gives news, go subscribe?
Biggest scammer: *exists
George from India: hold my chicken biryani
Hold my onion bhajis
Hold my WAIT that's sus fam
@Baba Gandu hold my Rogan Josh
hold my naan bread
Hold my poppadom
The fact that his company was "The SEC" is just brilliant
i promise when my financial situation gets better first thing im going to do is to donate to you u deserve all the best in life
I think I've watched a solid 90% of your videos man!😂 Hey, listen to this though. Thank you. I've been pondering my life for the past several months now. And you have helped me evaluate my life for some of this, which I believe is much better and I, a much better person.
you are now a smart guy .
"and there was only one man to blame."
agree to disagree here, mate.
Valid point indeed sir :)
Amazing channel. Sharing just the sort of knowledge that everyone needs.
8:55 and this right here is the argument in favour of limiting one's swearing. It means you can pull one out of the bag suddenly and make it hilarious. Meanwhile someone like me who swears often could never pull that line off comedically
This should be a movie. I'll gladly watch it.
Suspiciously large.... booblegs! Ponzi scheme! 😂
I thought this was going to be about the Federal Reserve :)
My uncle ran a $250 million ponzi scheme. Ruined quite a few lives, mostly his own children's/wife's. As always, great video my dude!
250 million, seriously?
There are actually many royal families in Nigeria. One of my family friends is a Nigerian prince. My computer science teacher is also a Nigerian prince.
I came looking for this comment.
5 mins ago... finally, i'm back to my old early days with Thoughty2.
Hey man, I just wanted to let you know that your channel is keeping me sane as a weather storm took out my power. Thank you for the great content!
oddly relatable comment .
Sometimes when I'm home alone I just stand and stare into the mirror and I ask myself.... Why can't I grow a moustache like that.
8:53: "Maybe I could sell inflatable dart boards." LOL
“Never trust an ‘Italian’ bearing gifts” 😂
Ironic how there is still an entity with the same abbreviation as the Securities Exchange Company....
Am I the only one that winks back at the end of the video? 😆
I got a email from a advocate from london england saying he had a client without any next of kin that died after a brief illness (cancer) and had left 15.2 million pounds sterling in a account and he send me the email because he could get the money free with my help because i have the same last name as the rich guy. Now my email adress ends with sith'ari so this rich guy must also have been the chosen one of the sith.
They will try anything these days LOL
Charles Ponzi looks like the guy who sold a monorail to Springfield in The Simpsons. Perhaps the caracter in the catoon is based in Ponzi?
There was a Ponzi scheme going on close by my city just before the pandemic. A guy from another part of Brazil started it out some 4 years before. By the start of the pandemic, when everybody wanted their money back to face it, he had already wiped out three cities close by. A bunch of old rich people and a few dealers unsurprisingly wanted him dead after knowing everything he claimed he owned was actually rent, and that he din't had a penny. The man ended up running away to neighbor countries, but the police couldn't handcuff him: he made a society with everyone who gave him money, meaning that legally they were investing their money in their own business. In the end 200 milion of Brazil's currency are estimated to be in his possession. This happened in Lorena-SP, Brazil
Dessa eu não sabia
guys i can't be the only one who heard
"Hey 42 here" the first time i watched a video from this channel
boudi riyehawdi
Yeah same
@Just one more thing nah bro i think it's his accent that makes ut sound like that. but idk you could be right who knows
@Just one more thing here is another joke how can you answer a video 30 minuts ago that only is out for 22 minuts...(jokingly say timezones haha 😁
That's the point
Yep that's what i thought originally too
That man did his family a huge favor. For generations, they'll have a social-tool to use. Hell, I always forget customer's names. The Ponzi family will not have that problem thanks2 their well-dressed, dapper grandfather!
Satoshi wants to know your location.
3:07 Odd choice of paving.
His mustache is the ultimate Ponzi scheme, scamming thousands of mustaches in hopes they can grow their own someday
Arran is the Ponzi of storytelling. I can invest in 20 minutes in watching his videos in the hope I could get 50% more minutes the next days and so on to watch over and over making myself a prodigy storyteller. Thanks for watching. ⭐⭐⭐⭐⭐
I'm a simple man. When I see a Ponzi scheme, I invest.
🤣🤣😂😂😂🤣🤣🤣🤣😂😂😂🤣🤣🤣
GameStop
@@Triangleinformation That wasn't a ponzi scheme. That was lots of people working together and investing in meme stocks to stick it to wall street. And it actually made the people that invested a lot of money until brokers stepped in and stopped the whole thing. It might be market manipulation (authorities are investigating that atm) but it's not a ponzi (aka pyramid) scheme.
Isn't it ironic that I get one "financial trick you need to know"- commercial at the beginning and the end of this video!? =)
C
Omg your puns are everything I love u thoughty2
The way he says: "all his ideas were shit." Classic.
Hey Thoughty2, when are you going to explain: "Life, the Universe and Everything" in ONE simple, easy to understand, video?
ROFLMAO!
This sounds like the us treasury today lol
I'm guessing you mean the "Federal Reserve"
Bernie made off with everyone's bread.
Just think that people should be able to spot scams like this now but yet here we are again with FTX...
Does anyone Remember the as seen on TV "universal hanger for clothes." I would LOVE to see Thoughtsy cover that story. It's crazy & recent!
So this is what Malcom does now that he's not in the middle.
I just want to remind everyone that it's Taco Tuesday today ✌️😋
nah bro its pancake day
but its wednesday for me
'Day after day seems like I push against the clouds'...... I'm going home
@@delilah8809 You're from Asia?
@@amj.composer australia
I still cant believe he hasn't been cast as a version of the doctor in Dr. Who i mean image a gorgeous mustache a big scarf and a red fez with a bowtie ahhhh!
Doctor Who is shit now. Since Thoughty2 is. Brit perhaps he can explain.......
14:31 haha him and his mom just got the same eyes
Sounds a lot like the film “Catch me if you can”
Meet the Man Who Pulled Off the Biggest Scam in History
"Heeeeyyyy, Thoughty2 here"
Biggest scam in history: _Hyperintelligent eleven year old dons false moustache and fools entire internet into thinking he's an adult of slightly-above-normal intelligence._
@@trublgrl Yeah nah. I reckon he's at least 14.
Do you have a relative named "Philip"?
Any one else remember him with a suit and no mustache
I personally prefer the mustache look, I got one myself.
@@michaelpettersson4919 I guess you’re just better than all of us
And RIF
@@botslayer9814 yes he is
Thoughty1
i have a few things to say,
1. i love your mustache
2. beautiful intro
3. thanks
Loved all the ads in and around this video!
I have learned so much random knowledge from all these vids but I have no idea what to do with it lol 😂
same lol
You funny.........
Just do it
See if your hand is bigger than yer face genius
Use it to make you look smart in front of your teacher or professor only to fail the next test they gave you
Sounds like everything, the banks are the first thing that comes to mind
to me the first thought was retirement money/pensions
Yup
*Pov : You're just a guy with alzheimer who forgot he has Alzheimer and now remembers everything.*
i LOVE this content man keep it up
8:50 love the casual parks and rec reference
Could Charles Ponzi be linked to the Great Depression?
Wait a minute. How is that you pronounce "behemoth?" Can you run that by me again?
And placate as plasayt. That was nice.
14:02 Am I the only one who noticed how similar Ponzi was to Thoughty2 ???
haha :) so true
He is one of those immortal celebrities :D
:D
sadly while madof was charged, tons of others wernt. He was basically just a fall guy. This was a really neat and informative video!
Your mustache has the potential to be the mustache of the decade, good job. Tips please
“Hey, 42 here”
He skinned himself, and then he skinned everybody else
I don't care. No skin off my back! LOL
'Hey Ponz could you loan us a tenner?'
'I can't, I''m skinned!'
I guess you can say the nurse got
_Ponzi's skin_
I don’t know... I kind of like the name “Chuzzlewit-Dorrit Scheme”...
I prefer "my little ponzi"
I can watch thoughty2 for hourssss
Informative. And interesting as always !!!!
I remember hearing of what were called "pyramid schemes". Were they just another class of Ponzi scheme or something different?
Wiki will tell you all about it.
Essentially yes. MLMs, Pyramid schemes, they all function in a very similar way.
It should be the guys that re-sell PS5's for like £1000
No
"placate" is pronounced with a hard c sound. Well-read, digital age podcasters of seem to have pronunciation gaps in their educations. Not their fault at all. . .
This old lady is here to help.
Nice job old lady!
i actually like the sponser ads way more than youtube’s adds , stuff that i actually sometimes could be interested in
*”that reminds me today’s sponser
raid shadow legendsssss”*
That moustache is a BUSH. You're scamming our eyes!
Aww, title should have had 'Ponzi Scheme' in it. I was sure this was going to be about Dr Anthony Fauci.
YOU WATCH PRAGERU VIDEOS LMAO
I thought this was a video about Joe Biden.