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A good jury receive him responsible for the ties costs, plus the legal sentenced him so you can per year from the Florida Condition Jail. He was attempted another go out on the four of one’s remaining costs, plus the jury deadlocked. In addition, it influenced you to Ponzi wasn’t up against double jeopardy while the Massachusetts is charging you your with larceny while the authorities charged him which have send con, whilst charges implicated the same violent operation. On the 27 February 1922, the new Supreme Judge ruled you to definitely government plea excellent deals don’t have any position away from county charges. In contrast, Bernie Madoff's similar plan one to folded inside 2008 cost their traders on the $18 billion, 53 times the new loss away from Ponzi's plan. Ponzi's buyers had been virtually wiped out, acquiring less than 30 cents to your money.

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• His scheme went for more than a year before it folded, charging his "investors" $20 million (equivalent to $237 million inside 2024).
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