Summary Of Tom Ajamie Bruce Kelly S Financial Serial Killers

Please note: This is a companion version & not the original book. Sample Book Insights: #1 The seduction techniques used by Bernie Madoff to attract investors are the same well-worn tricks used by financial schemers across the country. The financial con man always paints a picture of himself as someone who has a great deal of financial knowledge and a proven track record of having made a lot of money for others. #2 The ability to make investors hand over their money is a key to fueling such frauds. In 2009, the FBI saw a 105 percent increase in new high-yield investment fraud investigations when compared to 2008. #3 Financial serial killers are charming and exude confidence. They speak with self-assurance and seem to know their stuff. They are believable. Their credibility is often enhanced by their references. #4 The danger to investors from financial serial killers won’t disappear anytime soon. Human gullibility is a burgeoning area of psychological research.

By using true tales of thieves, swindlers, and fraudsters at work, Financial Serial Killers illustrates how these perpetrators get their hooks into investors' wallets, savings accounts, and portfolios—and never let go. The worst financial crisis since the great depression revealed that thousands of mom and pop investors had lost millions to so-called Mini-Madoffs. They are the thieves and conmen who had used phony financial acumen to steal investors' money, wipe out savings, and damage lives. Financial Serial Killers reveals the cons—from the grand to picayune—advisers cultivate with their victims—relationships that are essential to the fraud. Take the story of Lillian, the little old lady who invested with Warren Buffett, one of the richest men in the world. After her husband died, she thought her family's treasure of $24 million in stock controlled by Buffett was safe. It was—until a family relative introduced the eighty-nine-year-old grandmother to a pair of unscrupulous insurance agents who convinced her to reinvest her savings in life insurance—decimating her nest egg while padding the agents' pockets. Lillian's story, as well as other accounts of deceit and fraud, is the core of Financial Serial Killers. Readers will learn how to better protect their family's wealth and savings after reading this book.

Examining a shocking array of fraud, corruption, theft, and embezzlement cases, this vivid collection reveals the practice of detecting, investigating, prosecuting, defending, and resolving white-collar crimes. Each chapter is a case study of an illustrative criminal case and draws on extensive public records around both obscure and high-profile crimes of the powerful, such as money laundering, mortgage fraud, public corruption, securities fraud, environmental crimes, and Ponzi schemes. Organized around a consistent analytic framework, each case tells a unique story and provides an engaging introduction to these complex crimes, while also introducing students to the practical aspects of investigation and prosecution of white-collar offenses. Jennifer C. Noble’s text takes students to the front lines of these vastly understudied crimes, preparing them for future practice and policy work.

Fool's Gold is a hard hitting account of how and why the biggest mining fraud ever perpetrated by a Canadian company was allowed to happen and -- most shockingly -- how it could happen again. Bruce Hutchinson charts the unholy alliance which exists in Canada among penny-stock promoters and investment analysts, and he reveals how the financial instruments used by companies to raise money have been seriously abused. He shows also how regulatory agencies -- agencies that exist to protect investors -- are reluctant to enforce their own rules, while irresponsible promotion is rampant; and how Canadian mining interests have aligned with brutal political regimes to produce environmental degradation and deadly social unrest.

“Connie Bruck traces the rise of this empire with vivid metaphors and with a smooth command of high finance’s terminology.” —The New York Times “The Predators’ Ball is dirty dancing downtown.” —New York Newsday From bestselling author Connie Bruck, The Predators’ Ball dramatically captures American business history in the making, uncovering the philosophy of greed that dominated Wall Street in the 1980s. During the 1980s, Michael Milken at Drexel Burnham Lambert was the Billionaire Junk Bond King. He invented such things as “the highly confident letter” (“I’m highly confident that I can raise the money you need to buy company X”) and the “blind pool” (“Here’s a billion dollars: let us help you buy a company”), and he financed the biggest corporate raiders—men like Carl Icahn and Ronald Perelman. And then, on September 7, 1988, things changed... The Securities and Exchange Commission charged Milken and Drexel Burnham Lambert with insider trading and stock fraud. Waiting in the wings was the US District Attorney, who wanted to file criminal and racketeering charges. What motivated Milken in his drive for power and money? Did Drexel Burnham Lambert condone the breaking of laws?

Essays about corruption, money laundering, crime, and international finance.

This unique collection of documents with commentary explores the meaning of absolute monarchy by examining how Louis XIV of France became one of Europe's most famous and successful rulers. The documents, newly translated and carefully selected for their readability, examine the problems of the Fronde, Colbert's grasp of the economic and fiscal dimensions of the kingdom, the taming of the rural nobility, the interaction of royal ministers and provincial authorities, the repression of Jansenists and Protestants, popular rebellions, and royal image-making.