Fraud: The Art of Stealing Wealth and Trust - Cooked Books (Ch. 6)

 Posted on October 6, 2023  |  21 minutes  |  4404 words  |  admin

Well thank you for that… we appreciate it… asshole. Jeff Skilling, CEO of Enron, on being asked why his company could not produce a balance sheet There exist various motives for maintaining dishonest financial records—such as portraying financial stability to long firm victims or concealing embezzled funds as legitimate expenses. [Read More]
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Fraud: The Art of Stealing Wealth and Trust - Counterfeits (Ch. 5)

 Posted on October 5, 2023  |  19 minutes  |  3911 words  |  admin

The habit does not make the monk François Rabelais Table Of Contents The Portuguese Banknote Affair The Bre-X Mining Fraud Mining for investors Circles of trust Drug counterfeiting Vioxx The Portuguese Banknote Affair When contemplating counterfeiting, banknotes usually come to mind as the prime target, with designer jeans perhaps trailing as a distant second. [Read More]
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Fraud: The Art of Stealing Wealth and Trust - The snowball effect (Ch. 4)

 Posted on October 4, 2023  |  25 minutes  |  5262 words  |  admin

Accumulate! Accumulate! That is Moses and the Prophets! Karl Marx, Grundrisse Table Of Contents Ponzi and his scheme The Boston Ladies’ Deposit Company Pyramid schemes Getting out of hand The misleading name The Social Security Ponzi Scheme and other fallacies The true meaning of Ponzi Straining against the leash Hedge-fund frauds Federal Reserve conspiracy theories Ponzi and his scheme It’s almost a cliché to mention the signs were evident from the start. [Read More]
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Fraud: The Art of Stealing Wealth and Trust - The long firm (Ch. 3)

 Posted on October 3, 2023  |  19 minutes  |  3958 words  |  admin

There’s only one thing that’s worse than selling something that isn’t there to sell, and that’s buying something and not paying for it. Michael Bond, Paddington at Work Table Of Contents The Salad Oil King Other People’s Money Rifle, shotgun, and 1980s Medicare Bankruptcy The special case of Donald Trump Getting away with it The Salad Oil King Anthony “Tino” De Angelis, often seen crushing knuckles in a bully’s shake, used to attribute his exceptional physical strength in hands and legs to his days in bicycle racing. [Read More]
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