Lying For Money

An entertaining, deeply informative explanation of how high-level financial crimes work, written by an industry insider who’s an expert in the field. The way most white-collar crime works is by manipulating institutional psychology. That means creating something that looks as much as possible like a normal set of transactions. The drama comes later, when it all unwinds. Financial crime seems horribly complicated, but there are only so many ways you can con someone out of what’s theirs. In Lying for Money, veteran regulatory economist and market analyst Dan Davies tells the story of fraud through a genealogy of financial malfeasance, including: the Great Salad Oil swindle, the Pigeon King International fraud, the fictional British colony of Poyais in South America, the Boston Ladies’ Deposit Company, the Portuguese Banknote Affair, Theranos, and the Bre-X scam. Davies brings new insights into these schemes and shows how all frauds, current and historical, belong to one of four categories (“long firm,” counterfeiting, control fraud, and market crimes) and operate on the same basic principles. The only elements that change are the victims, the scammers, and the terminology. Davies has years of experience picking the bones out of some of the most famous frauds of the modern age. Now he reveals the big picture that emerges from their labyrinths of deceit and explains how fraud has shaped the entire development of the modern world economy.

An entertaining, deeply informative explanation of how high-level financial crimes work, written “with verve and wit” (The Sunday Times, London) by an industry insider who’s an expert in the field. The way most white-collar crime works is by manipulating institutional psychology. That means creating something that looks as much as possible like a normal set of transactions. The drama comes later, when it all unwinds. Financial crime seems horribly complicated, but there are only so many ways you can con someone out of what’s theirs. In Lying for Money, veteran regulatory economist and market analyst Dan Davies tells the story of fraud through a genealogy of financial malfeasance, including: the Great Salad Oil swindle, the Pigeon King International fraud, the fictional British colony of Poyais in South America, the Boston Ladies’ Deposit Company, the Portuguese Banknote Affair, Theranos, and the Bre-X scam. Davies brings new insights into these schemes and shows how all frauds, current and historical, belong to one of four categories (“long firm,” counterfeiting, control fraud, and market crimes) and operate on the same basic principles. The only elements that change are the victims, the scammers, and the terminology. Revealing some of the most famous frauds of the modern age, Davies explains how fraud has shaped the entire development of the modern world economy. For those “who like their true-crime stories laced with economics will enjoy these forays into the dark side” (Kirkus Reviews) this is a gripping and vivid look at modern market societies.

"Originally published in Great Britain in 2018 by Profile Books."--Title page verso.

Al Franken, one of America's savviest satirists has been studying the rhetoric of the Right. He has listened to their cries of 'slander', 'bias' and even 'treason'. He has examined the Bush administration's policies of squandering our surplus, ravaging the environment, and alienating the rest of the world. He's even watched Fox News. A lot. And in this fair and balanced report, Al bravely exposes them all for what they are: liars. Lying, lying, liars.

The Canadian edition of The Little Black Book of Scams is a compact and easy to use reference guide filled with information Canadians can use to protect themselves against a variety of common scams. It debunks common myths about scams, provides contact information for reporting a scam to the correct authority, and offers a step-by-step guide for scam victims to reduce their losses and avoid becoming repeat victims. Consumers and businesses can consult The Little Black Book of Scams to avoid falling victim to social media and mobile phone scams, fake charities and lotteries, dating and romance scams, and many other schemes used to defraud Canadians of their money and personal information.

NATIONAL BESTSELLER • The gripping story of Elizabeth Holmes and Theranos—one of the biggest corporate frauds in history—a tale of ambition and hubris set amid the bold promises of Silicon Valley, rigorously reported by the prize-winning journalist. With a new Afterword covering her trial and sentencing, bringing the story to a close. “Chilling ... Reads like a thriller ... Carreyrou tells [the Theranos story] virtually to perfection.” —The New York Times Book Review In 2014, Theranos founder and CEO Elizabeth Holmes was widely seen as the next Steve Jobs: a brilliant Stanford dropout whose startup “unicorn” promised to revolutionize the medical industry with its breakthrough device, which performed the whole range of laboratory tests from a single drop of blood. Backed by investors such as Larry Ellison and Tim Draper, Theranos sold shares in a fundraising round that valued the company at more than $9 billion, putting Holmes’s worth at an estimated $4.5 billion. There was just one problem: The technology didn’t work. Erroneous results put patients in danger, leading to misdiagnoses and unnecessary treatments. All the while, Holmes and her partner, Sunny Balwani, worked to silence anyone who voiced misgivings—from journalists to their own employees.

Wild, dangerous, and flat-out unbelievable, here is the incredible #1 bestselling memoir of the Canadian actor, gambler, and raconteur, and one of the greatest stand-up comedians of all time. A Globe and Mail Best Book of the Year As this book’s title suggests, Norm Macdonald tells the story of his life—more or less—from his origins on a farm in the backwoods of Ontario and an epically disastrous appearance on Star Search to his account of auditioning for Lorne Michaels and his memorable run as the anchor of Weekend Update on Saturday Night Live—until he was fired because a corporate executive didn’t think he was funny. But Based on a True Story is much more than just a memoir; it’s the hilarious, inspired epic of Norm’s life. In dispatches from a road trip to Las Vegas (part of a plan hatched to regain the fortune he’d lost to sports betting and other vices) with his sidekick and enabler, Adam Eget, Norm recounts the milestone moments, the regrets, the love affairs, the times fortune smiled on his life, and the times it refused to smile. As the clock ticks down, Norm’s debt reaches record heights, and he must find a way to evade the hefty price that’s been placed on his head by one of the most dangerous loan sharks in the country. As a comedy legend should, Norm peppers these pages with classic jokes and long-mythologized Hollywood stories. This wildly adventurous, totally original, and absurdly funny saga turns the conventional “comic’s memoir” on its head and gives the reader an exclusive pass inside the mad, glorious mind of Norm Macdonald.

From the international bestselling author of Unraveling Oliver comes a “dark, captivating psychological thriller” (People) lauded by A.J. Finn—#1 New York Times bestselling author of The Woman in the Window—as “extraordinary…crackles and snaps like a bonfire on a winter’s night.” My husband did not mean to kill Annie Doyle, but the lying tramp deserved it. On the surface, Lydia Fitzsimons has the perfect life: married to a respected judge, mother of a beloved son, living in the beautiful house where she was raised. That beautiful house, however, holds a secret. And when Lydia’s son, Laurence, discovers its secret, wheels are set in motion that lead to an increasingly claustrophobic and devastatingly dark climax. For fans of Ruth Ware and Gillian Flynn, this is “a devastating psychological thriller...an exquisitely uncomfortable, utterly captivating reading experience” (Publishers Weekly, starred review).