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Great frauds in history: the Fauntleroy embezzlement
Profiles Henry Fauntleroy's embezzlement Berners Street Bank cost his clients their fortunes and Fauntleroy his life.
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Great frauds in history: Alexander Fordyce and shorting the East India Company
Profiles Alexander Fordyce's disastrous shorting of the East India Company led to him bankrupting the private bank in which he was a partner.
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Great frauds in history: Billy McFarland – the man behind the Fyre Festival
Profiles Around 5,000 people paid Billy McFarland up to $100,000 each to attend the lavish Fyre Festival on a Caribbean island. They arrived to find accommodation consisted of little more than some emergency tents.
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Great frauds in history: Joe Nacchio’s insider trading
Profiles Joe Nacchio, CEO of telecoms firm Qwest, was convicted of 19 counts of insider trading in 2007 and served four years in prison.
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Great frauds in history: Tino De Angelis’ salad-oil scam
Profiles Anthony “Tino” De Angelis decided to corner the market in soybean oil and borrowed large amounts of money secured against the salad oil in his company’s storage tanks. Salad oil that turned out to be water.
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Great frauds in history: Gerard Lee Bevan’s dangerous debts
Profiles Gerard Lee Bevan bankrupted a stockbroker and an insurer, wiping out shareholders and partners alike.
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Great frauds in history: the bank that cooked the books
Features When loans made by the City of Glasgow Bank turned bad, its management falsified the balance sheet, overstated its gold reserves and issued false statements about its financial health.
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Great frauds in history: Nick Leeson – the man who broke Barings Bank
Profiles "Rogue trader" Nick Leeson’s losses cost his employer, Barings Bank, an estimated £860m, plunging it into bankruptcy.
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Great frauds in history: Nevin Shapiro’s groceries scam
Profiles Nevin Shapiro's "grocery diverting" business was in reality nothing more than a Ponzi scheme.
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