Fraud in other words —
Check out the website of Larry Adams, CPA. He writes a regular column about the jargon and street slang of fraud. Much of this is shared on his website. For instance, we find there the definition of Fat-Finger Dialing: "Fat finger dialing scams take advantage of customers whose fingers are too large for the tiny buttons on the telephones. For example, a customer might unintentionally dial 1 (800) COLLETC, 1 (800) CULLECT, or 1 (800) CALLECT, instead of 1 (800) COLLECT. Class action…
Michael Gambino Pellegrino —
The Sunday Telegraph writes about a recent, literary hoax: the case of Michael "Gambino" Pellegrino, a man who conned Simon and Schuster out of $500,000 by posing as a mafia mobster and selling them a story based on his life experience. It turned out that he was a crook, but was no mobster. (Requires Registration)
Interview with a Nigerian Bank Scammer —
Wired also had a good article yesterday about the Nigerian Bank Scam, in which they interviewed a Nigerian student who actually used to compose the letters that were sent out to potential victims. The student says that the letters were purposefully designed to read like offbeat soap operas.
Barry Minkow —
Fascinating update and background from the Guardian on Barry Minkow, famous in the '80s for his ZZZZ Best carpet-cleaning scam which he perpetrated when he was only 20. Served 7 and 1/2 years. I wonder if anyone from Enron will serve even a fraction of that time?