I am a professor of sociology at the University of Chicago, and I am interested in global capitalism, financial elites, and all aspects of how people broker capital deals. I am a scholar of anti-heroes who studies all of the ways that people play in the gray. My first book, Dealing in Desire, is an ethnography where I embedded myself in several different hostess bars to study the relationship between sex work and financial deal-making. I grew up in California but have lived most of my adult life in Ho Chi Minh City, Houston, Boston, and Chicago.
I loved this book because it is such an incredible example of brave journalism that exposes one of the biggest global financial scandals in history. The book outlines an intricate web of corruption involving a Malaysian sovereign wealth fund. It draws connections between Malaysia, Singapore, the Middle East, and the United States of America.
I love how they tell the story of an awkward schoolboy who finds a way to make it in with some of Hollywood’s biggest celebrities and some of the most reputable financial institutions, like Goldman Sachs. The book also shows who the “fall people” are, who bear all of the criminal risks while the mastermind, Jho Low, has not been caught.
In 2009, with the dust yet to settle on the financial crisis, a fraud of unprecedented gall and magnitude was being set into motion. It began in Malaysia and would spread around the world, touching some of the world's leading financial firms, A-list Hollywood celebrities, supermodels, Las Vegas casinos and nightclubs, and even the art world. Now known as the 1MDB affair, the scandal would come to symbolize the next great threat to the global financial system.
Federal agents who helped unravel Bernie Madoff's Ponzi scheme say the 1MDB affair will become the textbook case of financial fraud in the…
I started writing about bitcoin and cryptocurrency for the funny dumb crook stories. It was ridiculous and arrogant in a particular way that needed and needs puncturing. Somehow this turned into a second job as a finance journalist specialising in the area. The crypto promoters are reprehensible, but their self-sabotaging foolishness makes their comeuppance extremely satisfying. I feel I’m making the world a better place with this.
Davies’ Lying For Money lays out a taxonomy of fraud, illustrated with amazing stories of real-life frauds.
Per Davies: “A long firm makes you question whether you can trust anyone. A counterfeit makes you question the evidence of your eyes. A control fraud makes you question your trust in the institutions of society and a market crime makes you question society itself.”
Davies’ key trick to spotting a fraud: look at something that’s growing unusually quickly, and examine it in some way it hasn’t been examined before.
Only the second chapter is about cryptocurrency specifically, but understanding how frauds think is fabulously useful in understanding how crypto works. Not even crypto’s frauds are new.
Davies used different stories in the UK and US editions of the book – so get both.
Financial crime seems horribly complicated but there are only so many ways you can con someone out of what's theirs. In fact, there are four. A veteran regulatory economist and market analyst, Dan Davies has years of experience picking the bones out of some of the most famous frauds of the modern age. Now he reveals the big picture that emerges from their labyrinths of deceit.
Along the way you'll find out how to fake a gold mine with a wedding ring, a file and a shotgun. You'll see how close Charles Ponzi, the king of pyramid schemes, came to…
The prevention of money laundering caught my attention, and at that time, with so little information on the market, I decided to write my first book so that more people can protect themselves from this crime. I have a gift: explain complicated topics in an easy way. This has helped me to write several articles on different topics in international magazines. I’m a passionate-effective trainer who believes that helping people to grow helps to make this world better. It’s my legacy! I like to do the right thing; take this as a reliable fact: I consult my own book and articles written. I hope to help you grow too!
If you want to know why money laundering is so appealing, in this book, you will find out why. The author, through his experience as an investigator, includes a chapter on the motivations that lead people to get involved in money laundering. It helped me a lot to understand why people do it; maybe you get surprised like I did. He also includes different mechanisms with which criminals move money and intertwines the relationship between fraud and money laundering, giving a useful perspective to minimize these risks in any company.
A how-to guide for the discovery and prevention of the illegal transfer of money Written for the private sector where most money laundering takes place this book clearly explains shows business professionals how to deter, detect, and resolve financial fraud cases internally. It expertly provides an understanding of the mechanisms, tools to detect issues, and action lists to recover hidden funds. * Provides action-oriented material that will show how to deter, detect, and resolve financial fraud cases * Offers an understanding of the mechanisms, tools to detect issues, and action list to recover hidden funds * Covers mechanisms for moving…
I’m obsessed with spreading the word about best practices when it comes to the accounts payable function. It’s a lot more complicated than you might imagine – if you want to avoid fraud, excess costs, duplicate payments, problems with the IRS, etc. I regularly speak at both online and live events. As the host of the AP Now YouTube channel, I’m able to share opinions, interview industry thought leaders, and share the latest business intelligence needed to run an efficient, cost-effective accounts payable and payment function. I’ve written over 20 business books, most of them focusing on various aspects of the accounts payable function.
Did you know that women excel when it comes to embezzlement?
It’s the one type of fraud that is more likely to be committed by a woman than a man. That’s why embezzlement is often referred to as pink-collar crime. But, as Paxton points out, the crime has more to do with position rather than gender as most embezzlement is committed by lower-level employees, such as the bookkeeper who runs the accounting and finance side of an office.
This is especially true in smaller businesses. Packed with numerous real-life stories, Paxton shares tips every organization should use to ensure this type of crime does not happen on their watch. She also is known for creating fraud-related hashtags, my favorite being #trustisnotaninternalcontrol.
Your most trusted employee. Your right hand. However, something just doesn’t feel right about your business. Could an employee be stealing from you? Certainly you’re mistaken, right?
After all, this person helped you grow your business, has full access to everything from passwords to bank statements. Sure, that gives your employee the opportunity, but he or she would never take advantage of it.
We lock our cars and our houses to protect ourselves. What do you do to protect your business? This book is designed to help you prevent, detect, and investigate embezzlement. You will learn how opportunity, pressure, and…
I realised in my twenties that there were millions of people who desperately needed advice about their money but could not afford an accountant or an adviser. Since then my passion has been to simplify the deliberately complex financial world, explain the obscure and often unintelligible rules about tax, childcare, benefits, investment, savings, and borrowing. Recently as the tsunami of fraud has swept across the UK I have devoted more time to help people avoid losing money to scammers – both criminal and respectable. Most people can’t afford professional advice, but they can afford me – I’m freely available in print, on air, and online.
Fraud is now 40% of all crime. It is the crime we are most likely to come across. Yet the authorities seem powerless to stop it. This book explains how frauds work and, armed with that knowledge, how to prevent them happening to you. Doug has years of experience and understands the world of fraud as well as any fraudster. Read it and keep safe.
Email protection, PayPal security, web browser attacks... how to prevent cybercrime and protect your digital self from being a target of scammers.
Not all frauds require your participation. Whilst scams require you to fall for their ruse, other frauds occur in the background completely without your knowledge or consent, such as identity theft.
Whilst millennials and the elderly are statistically at a higher risk, due to lack of life experience or technological advancements, fraudsters often actively target business owners aged between 30-60 as they often have better credit ratings. Even high-ranking police officers and fraud specialists have fallen victim. Anyone…
The prevention of money laundering caught my attention, and at that time, with so little information on the market, I decided to write my first book so that more people can protect themselves from this crime. I have a gift: explain complicated topics in an easy way. This has helped me to write several articles on different topics in international magazines. I’m a passionate-effective trainer who believes that helping people to grow helps to make this world better. It’s my legacy! I like to do the right thing; take this as a reliable fact: I consult my own book and articles written. I hope to help you grow too!
I worked at Arthur Andersen, and I was selected to be among the few teams that started to understand, learn, and apply risk assessments or business risk management methodology. In this book, I came across these concepts again, which are vital to identifying where the risk of money laundering and any other crime may occur. In addition, this book also includes useful information to be considered in the compliance program and how fraud and corruption are related to money laundering. It's a book that provides solid knowledge.
Praise for Managing the Risk of Fraud and Misconduct: Meeting the Challenge of a Global, Regulated, and Digital Environment
"This book belongs on any desk where fraud and misconduct threaten. It is bristling with the kind of detail this field truly needs. Written by leading pros at the top of their game, its soup-to-nuts advice matches solutions to problems. Read it once to gain broad insight; come back again and again to manage particular risks." Thomas Donaldson, Professor of Legal Studies and Business Ethics,Wharton School of the University of Pennsylvania
"A valuable road map for corporate fraud fighters in an…
I am a political scientist, a professor emeritus at Webster University, with scholarly publications about Latin American and U.S. politics. My interest in conspiracy theories was piqued by a reviewer who dismissed my book on the “democratic façade” of U.S. politics as a “conspiracy theory.” I took umbrage and denied being a “conspiracy theorist.” Years later, conversing with a colleague about Oliver Stone’s JFK, I dismissed his doubts about the lone gunman theory as a conspiracy theory. He asked whether I would similarly dismiss questions about official stories regarding assassinations in South Asia or Latin America. This all set me on the path to studying the role of conspiracies.
I’ve read the House Committee Report on the January 6 insurrection, so I doubted there was much “untold,” especially relayed by a former ultra-right House Freedom Caucus member. But Riggleman, chief technical advisor for the House Committee that investigated January 6, adds background and insight not found in the Committee Report.
As an Air Force Intelligence officer and NSA surveillance export, Riggleman is now viewed by the radical right as part of the deep state. Perhaps we need to change how we think about “deep state.” Riggleman uses his intelligence skills to pry open secrets that the Trump White House sought to conceal.
Make no mistake: modern information warfare is here and January 6th was just the first battle. That day, an unhinged mindset led to an attack on the Capitol, the most serious assault on American democracy since the end of the Civil War. And that thinking portends even darker days ahead.
In The Breach, a former House Republican and the first member of Congress to sound the alarm about QAnon, Denver Riggleman, provides readers with an unprecedented behind-the-scenes look at the January 6th select committee's investigation. Riggleman, who joined the committee as senior technical advisor, lays out the full intent and…
I’m obsessed with spreading the word about best practices when it comes to the accounts payable function. It’s a lot more complicated than you might imagine – if you want to avoid fraud, excess costs, duplicate payments, problems with the IRS, etc. I regularly speak at both online and live events. As the host of the AP Now YouTube channel, I’m able to share opinions, interview industry thought leaders, and share the latest business intelligence needed to run an efficient, cost-effective accounts payable and payment function. I’ve written over 20 business books, most of them focusing on various aspects of the accounts payable function.
Fraud continues to plague the business community and learning out to deal with it is crucial, especially when it comes to putting a fraud protection framework in place.
Too often, organizations focus heavily on stopping small petty frauds, while leaving the door wide open for some of the more virulent frauds that can literally bring an organization to its knees. Think Enron, Worldcom, etc. Hartman worked on both and shares insights learned from these and other white-collar crimes he investigated while working for the FBI.
A retired FBI explains the current fraud threat picture that any individual or organization may face. Armed with this knowledge, the author walks the reader through the Fraud Live Cycle: Prevention, Detection, Investigation, Mitigation, and Remediation. This book has particular significance to the many professionals who are responsible for overseeing fraud-related issues, including auditors, general counsels, compliance officers, board members, human resource professionals, chief audit executives, heads of security, criminal and civil investigators, regulators, and frontline managers. The book is also used as a textbook for university students studying forensic accounting.
I’m a novelist, essayist, and journalist who’s written extensively about the problems and consolations of faith, about belonging in and out of faith, and about the tribes of what I think of as the In Between. When you’re in between, you’re neither in it nor out of it, whatever “it” might be for you. You bear an “infinity of traces,” as the writer Antonio Gramsci called these formative influences. My first novel looks at these influences directly, while my second one looks at them indirectly. I’m late in the game with a third novel now—a detective story that investigates a murder along with these same themes.
A bit of a curveball entry, but go with it. One of the subplots in Smith’s impressively sprawling historical novel involves do-gooder Baptists who really are doing good! They’re in Anglican England to agitate for the end of slavery in the British colonies—and they’re ahead of their time in other ways, too.
They help to platform the voices of freedmen and escaped slaves, acting as allies, essentially. It’s in the main character of Eliza that the larger novel takes up this search for a liberatory truth, nominally Christian but really entrusted to anyone who can see the suffering of others and refuse to look away.
From acclaimed and bestselling novelist Zadie Smith, a kaleidoscopic work of historical fiction set against the legal trial that divided Victorian England, about who gets to tell their story—and who gets to be believed
It is 1873. Mrs. Eliza Touchet is the Scottish housekeeper—and cousin by marriage—of a once-famous novelist, now in decline, William Ainsworth, with whom she has lived for thirty years.
Mrs. Touchet is a woman of many interests: literature, justice, abolitionism, class, her cousin, his wives, this life and the next. But she is also sceptical. She suspects her cousin of…
I am a queer writer who lovers to read and write mystery and crime fiction. The history of these genres is often full of homophobic stereotypes and scapegoating of queer characters. While I think it’s important to show queer characters as flawed, I also want to make sure to celebrate the contributions of queer writers to these messy, wonderful genres.
This book deserves all the comparisons to Patricia Highsmith’s The Talented Mr. Ripley—but despite the similarities of the setting and genre, it’s so much more than an imitation.
The story is unique and unbearably tense. While I read, I felt like I was watching a Hitchcock movie: the dread and apprehension felt so palpable and painful that I had to keep reading because I couldn’t stand not knowing how it would turn out.
An L.A. Times Book Prize Finalist | An O Magazine Best Book of the Year
“Stylish… a compelling take on the eternal question of how good people morph into criminals. Terrific.”—People, Book of the Week
From the author of The Destroyers comes an "intricately plotted and elegantly structured" (Newsday) story of intrigue and deception, set in contemporary Venice and featuring a young American couple who have set their sights on a risky con.
When Nick Brink and his boyfriend Clay Guillory meet up on the Grand Canal in Venice, they have a plan in mind—and it doesn’t involve a vacation.…
