Best Ponzi scheme
Bernard Madoff (right) rocked the financial world when he pleaded guilty to 11 federal felonies in 2009 after turning his wealth management business into a massive Ponzi scheme. Along with his own reputation, Madoff brought down the fortunes of many New Yorkers with great wealth. Madoff, of course, was following in the footsteps of Charles Ponzi (left), who was defrauding some Bostonians of their wealth in the first few years of Fenway Park's existence. Madoff was dealing with more wealth, but Ponzi was the originator.