Word: fraud
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When TIME called Cynthia Cooper in 2002 for an on-the-record interview - her first since she had uncovered massive fraud in the WorldCom accounting books, which would eventually add up to $9 billion and the imprisonment of five executives, including CEO Bernie Ebbers - she was not excited to hear from...
...always easy to empathize with the people who committed the fraud. But I wanted to allow readers to put themselves in the minds of others. To minimize fraud, we need to understand what motivates people to participate. Some of these people were average citizens not much different than many...
...uncovered the fraud, there seemed to be a series of powerful men patting you on the shoulder and telling you not to worry. But you kept listening to the voice inside your head. How do you try to cultivate that conviction in your own daughters...
...level trader at the French bank, Société Générale, was arrested the other day for allegedly orchestrating a $7 billion fraud. Do you see things in these kinds of stories that are painfully familiar...
...FRAUD EXPLAINER...