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Don't Fall For It - A Short History of Financial Scams (Hardcover)
Loot Price: R508
Discovery Miles 5 080
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Don't Fall For It - A Short History of Financial Scams (Hardcover)
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Loot Price R508
Discovery Miles 5 080
Expected to ship within 12 - 17 working days
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Learn financial and business lessons from some of the biggest
frauds in history Why does financial fraud persist? History is full
of sensational financial frauds and scams. Enron was forced to
declare bankruptcy after allegations of massive accounting fraud,
wiping out $78 billion in stock market value. Bernie Madoff, the
largest individual fraudster in history, built a $65 billion Ponzi
scheme that ultimately resulted in his being sentenced to 150 years
in prison. People from all walks of life have been scammed out of
their money: French and British nobility looking to get rich
quickly, farmers looking for a miracle cure for their health
ailments, several professional athletes, and some of Hollywood's
biggest stars. No one is immune from getting deceived when money is
involved. Don't Fall For It is a fascinating look into some of the
biggest financial frauds and scams ever. This compelling book
explores specific instances of financial fraud as well as some of
the most successful charlatans and hucksters of all-time. Sharing
lessons that apply to business, money management, and investing,
author Ben Carlson answers questions such as: Why do even the most
intelligent among us get taken advantage of in financial scams?
What make fraudsters successful? Why is it often harder to stay
rich than to get rich? Each chapter in examines different frauds,
perpetrators, or victims of scams. These real-life stories include
anecdotes about how these frauds were carried out and discussions
of what can be learned from these events. This engaging book:
Explores the business and financial lessons drawn from some of
history's biggest frauds Describes the conditions under which fraud
tends to work best Explains how people can avoid being scammed out
of their money Suggests practical steps to reduce financial fraud
in the future Don't Fall For It: A Short History of Financial Scams
is filled with engrossing real-life stories and valuable insights,
written for finance professionals, investors, and general interest
readers alike.
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