Marcus Schrenker Swaps Golden Parachute For Real One

In a bid to make “Financial Crisis: The Movie”, Marcus Schrenker, a fraudulent Indianapolis financial advisor, has faked his own death in a plane crash. Only he…

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Posted by Mike Smith in Hot Money | January 15, 2009 10:33AM | 1 Comment »

B Ramalinga Raju “Gets Off The Tiger” And Joins The Fraud Party

Another day, another billion-dollar fraud. This time round it’s B. Ramalinga Raju, CEO of Indian outsourcing company Satyam Computer Services; he’s been fiddling…

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Posted by Ben Beaumont-Thomas in Hot Money | January 8, 2009 11:50AM | 1 Comment »

Bernard Madoff Fraud Fallout Continues In Ever More Depressing Ways

As some wag noted in the comments section of one of the Merckle posts, Bernard Madoff must be under a life-threatening level of…

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Posted by Ben Beaumont-Thomas in Hot Money | January 7, 2009 1:34PM | 7 Comments »

Madoff-Branded “Emergency Kit” for Sale on eBay, in Moment of Glorious Comic Timing

Stuck for last-minute Christmas present ideas? Life savings destroyed by colossal swindler Bernard Madoff? Don’t worry – eBay’s got the answer!

First up, …

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Posted by Ben Beaumont-Thomas in Hot Money | December 17, 2008 1:56PM | 5 Comments »

Columnists, Wronged Investors, Anti-Semites All Off Leash After Madoff Fraud

The Bernard Madoff fraud looks like it’s leaving the initial “shock” phase, and moving towards the “rage”, “guilt” and “gloating anti-semitism” zones.

First, the rage.…

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Posted by Ben Beaumont-Thomas in Hot Money | December 17, 2008 1:26PM | 5 Comments »