"Whoever engages in small scams, he goes to jail. Cheat big - and you get into history." This sad saying perfectly describes the situation with fraud in the world.
Dodgers have always existed. Human passions are a breeding ground for such people. The desire to "have a lot, quickly and without bothering" is often the first link in a chain of lies and deception. On the other hand, the cause of fraud may be the vain desire to receive fame, honors and public attention.
The great S. Spielberg did not hesitate to make a film about the real ass fraud Frank Abnegneil. "Catch me if you can" ("Catch me if you can") with the talented DiCaprio in the title role.
About scammers who managed to “especially excel”, books are written, films are made, their names are even listed in the Guinness Book of Records.
Theoretically, fraud can be divided into several types. They can be individual, when one person works, as a group, if several "lovers of profit" are going to, or corporate. Fraud of large corporations not only leads to the financial ruin of thousands of people at the same time, but also to the collapse of the stock exchanges, the emergence of crisis situations in entire financial sectors, for example, mortgage. The total amount of modern financial crimes has reached hundreds of billions of dollars. Below we will talk about two cases of financial fraud on a global scale.
Bernard Madoff “Impeccable reputation is the first thing a fraudster needs” (Agatha Christie)
One of the most famous scammers-financiers was the American Bernard Maidoff. The robber of the century calls Madoff "Forbes". For 40 years, his company Madoff Securities has been delivering consistently high returns to investors, and Madoff himself has been appointed chairman of the board of directors of Nasdaq, which is one of the three major US stock exchanges. The victims of fraud were not only ordinary investors, but also wealthy Americans and celebrities. The same Steven Spielberg. A large number of international funds and banks suffered. Not without real deaths. The French investor committed suicide, having lost one and a half billion dollars. One of the sons of Madoff was found hanged.
In total, Bernard Madoff received 150 years in prison for his fraud.
He was a witness in the case.
