Charles Ponzi, an immigrant from Italy to Boston, Mass., wasn't the first to foist an illegal pyramid scheme on the public but he did manage to develop it into a fine art. Most fraud examiners know about his investment swindle (after all, it warrants a dictionary entry) but few know the specifics. This excerpt, adapted from "Frankensteins of Fraud," by Joseph T. Wells, CFE, CPA (Obsidian...