Bad Business : The OPM Scandal and the Seduction of the Establi (22/22)

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This is the BEST book about professional ethics – accountants and lawyers. Although many books about financial scams and bubble implosions call accountants and even lawyers into question for their conduct, Gandossy focuses on their complicity.

OPM (a pyramid lease finance scam) would hire a solo accountant to audit their leases. Lawyers would rely on the accountants. Lawyers would purportedly rely on the OPM officers even after OPM was caught lying because the legal ethics rules allow the lawyer to do so as long as it’s a past crime. And, OPM’s officers promised the lawyer that they were no longer engaged in the scam. Sad but true.

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Contributor: Donald E. Petersen from

Written by Nathaniel Fried

Co-founder of Fupping. Busy churning out content and building an empire.

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