Fighting Fraud

7

Fraud Cases and Analyses —

Learning by Example

INTRODUCTION

This chapter presents actual fraud or fraud-related cases along with the

author’s commentary. Some of the cases presented are new, and others are

a year or two old. However, don’t let their dates of occurrence fool you, as

many are still being tried today, albeit maybe with a little different “twist.”

The point is to understand the modus operandi, try to theorize the defraud-

ers’ rationales and profi les, and then learn from them.

Once you become familiar with the fraud schemes of Chapter 6 and

read through the actual fraud cases discussed in this chapter, you should

be in a better position ...