Read Stolen Without A Gun: Confessions from inside history's biggest accounting fraud - the collapse of MCI Worldcom by Walter Pavlo Jr., Neil Weinberg Online
[Walter Pavlo Jr., Neil Weinberg] Ø Stolen Without A Gun: Confessions from inside history's biggest accounting fraud - the collapse of MCI Worldcom ✓ Read Online eBook or Kindle ePUB. Stolen Without A Gun: Confessions from inside history's biggest accounting fraud - the collapse of MCI Worldcom Interesting and enlightening Stolen Without a Gun is an insider's look at how, under corporate pressure to show profits and without proper oversight, the temptation to "cook the books" can turn an otherwise hardworking, well-meaning individual to fraud. What's particularly frightening is not only how easily the scheme was executed, but also how close it came to never being discovered. It's also an excellent demonstration of why accounting procedures, as time-consuming and obstructive as they may
| Title | : | Stolen Without A Gun: Confessions from inside history's biggest accounting fraud - the collapse of MCI Worldcom |
| Author | : | |
| Rating | : | 4.88 (657 Votes) |
| Asin | : | 0979755808 |
| Format Type | : | paperback |
| Number of Pages | : | 285 Pages |
| Publish Date | : | 2017-10-27 |
| Language | : | English |
--Journal of Accountancy (December 2007 - Recommended Reading of J of A) . --CORPWATCH (November 1, 2007)The book is a terrific read.There is no better training experience than to hear fraudsters describe, in their own words, how and why they committed fraud. The narrative gives an inside perspective of how a business person could get wrangled into a high stakes game of money laundering. Stolen Without a Gun takes a page from that book. Stolen Without a Gun reads like an Anarchist's Cookbook of Corporate Crime and illustrates well how an international money laundering scheme works (including how to nest embezzled funds in a series of quasi-legal Cayman Island bank accounts) while telling the personal tale of Walter Pavlo, Jr
His audiences have included the FBI, universities, professional societies and corporations. He has been featured in Forbes, the New York Times, the Wall Street Journal, USA Today and on ABC's Nightline. Pavlo holds engineering and MBA degrees. Weinberg holds a bachelor's degree in English Literature and an MBA.. A fifteen-year veteran of the magazine, he has covered Wall Street, telecom and Asia. Walter Pavlo,
Interesting and enlightening Stolen Without a Gun is an insider's look at how, under corporate pressure to show profits and without proper oversight, the temptation to "cook the books" can turn an otherwise hardworking, well-meaning individual to fraud. What's particularly frightening is not only how easily the scheme was executed, but also how close it came to never being discovered. It's also an excellent demonstration of why accounting procedures, as time-consuming and obstructive as they may seem to be at times, are necessary to prevent this sort of thing from happening. I'd recommend this to anyon. "Greg Kniska" according to Greg Kniska. Stolen Without a Gun reads like a John Grisham novel, but is a true story. From the first few pages I was hooked and the book was hard to put down. Palvo and Weinberg tell the dark story of corporate corruption in such a way that you feel like you are experiencing some of the seedy events that ultimately brought down an entire industry. This is a fascinating financial thriller. Good intentions, power, corruption, greed, conviction and then redemption. This book has it all.. Scary inside look Written in crime-novel style, this book shows how petty fraud and felony-class crimes alike bloomed at MCI as executives pushed their underlings to put up numbers that kept Wall Street happy. The depth of detail is startling, and could serve as a textbook for all the different ways public companies can cook the books. Required reading for any investor who's fallen in love with a high-flying stock.
Walter Pavlo, Jr. was a young MBA rising quickly through the finance ranks at the nation’s second largest telecom company. Then the jaded young executive consorted with a colorful scam artist and others to use some of the same ploys he’d devised for his employer to enrich himself at its expense. With a beautiful wife, two kids and a promising career, he epitomized the American dream. With humor and raw honesty, Pavlo and award-winning Forbes senior editor Neil Weinberg use this compelling personal story to portray in intimate detail the pressures millions of white-collar worke
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