13 Largest White Collar Crooks, Fraudsters, and More…

Enclosed  is a list of what Communal News considers the recent largest white collar ripoffs starting from around the year 2000.

1. Bernard Madoff – Bernard L. Madoff Investments – NASDAQ’s chairman in 1990, 1991 and 1993. – US Largest fraud over $50 billion dollar Ponzi scheme.
2. Kenneth Lay – Enron – Co-chairman of Bush’s 1992 re-election committee. – Went from running America’s most admired company to guilty of fraud.
3. Allen Stanford –  Stanford Financial Group – Knighted with the title “Sir Allen.” – 2nd-largest Ponzi scheme in U.S. history.
4. Bernard Ebbers
– WorldCom – “Telecom Cowboy” – Nation’s largest accounting fraud.
5. Jon Corzine
– MF Global – Elected Senator & Governor of New Jersey;  Member of the Senate Banking Committee. – Bankrupting MF Global two years after losing his New Jersey Governorship.