Caritas, or How I Learned to Stop Hating and Love the Ponzi

Cas Piancey
7 min readOct 15, 2019
Ioan Stoica, the creator of Caritas

There are too many financial frauds pockmarking history to ever discover them all. But some frauds are greater than others, both in scope and the trickery involved to bring in investors. This is why Caritas is such a beautiful example of what I’m terming a “Pure Ponzi.”

A Hiztory Lesson