Need and Greed
Subtitle: The True Story of the Largest Ponzi Scheme in American History
Publisher: Syracuse University Press
Published: November 1999
Language: eng
Format: Hardcover
Number of pages: 377
ISBN-13: 9780815606109
Subjects: True crime; Syracuse; Criminology; White Collar Crime; United States; Social Science; True Crime / Espionage; American English; Business/Economics; USA; General; United States - 20th Century/20s; Bennett, Patrick; Bennett Companies; Bennett, Michael A; Case studies; Commercial crimes; New York (State); Securities fraud
Description: "Through manipulated financial statements, counterfeit securities, sham transactions, and cyber fraud, the Bennetts of Syracuse spawned a Ponzi scheme of epic proportions. Need and Greed chronicles the rise and fall of the family that fleeced more than 12,000 investors, 10,000 business creditors, and 245 financial institutions nationwide out of $1 billion.".

"From his unique perspective as former general counsel to the Bennett family empire, Stewart Weisman offers an insider's view of one of the most bizarre chapters in the history of American investment fraud. This strange tale of powerful business deals and shrewd scoundrels will intrigue a general audience as well as government, law, and investment professionals."--BOOK JACKET.