When it comes to big money there’s a whole lot of room for screw-ups, cover-ups and everything in between. The business world is no stranger to scandal with many wheeler dealers ready to gain at other people’s expense. Money managers, chief executives, lawyers… some are dead or in jail, others doing just fine, after masterminding white collar crimes amounting to billions of dollars. Let’s have a look at the biggest financial scandals of all time. Charles Ponzi The name Ponzi became generic “trademark” for the specific type of scam that involves luring newer investors to pay profits to existing backers. … Continue reading The 5 Biggest Financial Scams
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