Tuesday, September 21, 2010

Video: Corporate Criminals Talk About Going To Prison

A great video from DePaul University to start off the launch of Sleight of Hand. The video features former white collar criminals speaking about their experience of going to prison. Here's a little background on them:

Walt Pavlo was a senior manager at MCI Telecom who embezzled over $6 million and in 2001 pled guilty to wire fraud and money laundering. I recommend reading his book, Stolen Without A Gun: Confessions from inside history's biggest accounting fraud - the collapse of MCI Worldcom. 

Justin Paperny, who now works alongside Walt Pavlo at Etika, LLC, was a stockbroker at Bear Stearns and UBS where he formed a Ponzi Scheme that led him to an 18-month prison sentence for conspiracy to commit securities fraud.

Diann Cattani worked as a project manager at a boutique HR firm and was found guilty for embezzling nearly $500,000 in February 2000.

- Fraud Girl

Via Pilant's Business Ethics Blog

No comments:

Post a Comment