He Stole $100 Million From His Clients. Now He’s Living in Luxury on the Côte d’Azur

I tried really hard to find a warm and cheery article for this Christmas Eve weekend but came up flat.  Then I started thinking that Christmas is not only the season for comfort and joy but also the week that all the best movies of the year debut in theaters.  We are the only species of life on the planet that is not only attracted to good stories but really quite need them to help us make sense out of life.  So I finally came across this article from today Big Picture blog by Barry Ritholtz and Bloomberg about a financial/investment scam so intricate and clever that it would make a great movie. 


So if you want something really entertaining to read this weekend (or any other time during the holiday), something that has the makings of a first class financial crime thriller, here it is.  There are actually several terrific looking articles here and one that might qualify for Christmas cheer is the one about spirits (the kind that come out of a bottle, not the kind that comes from beyond the grave; this is Christmas, not Halloween.)  Enjoy ... and enjoy your last day of shopping. 


Sat 12-23-176 Big Picture: He Stole $100 Million From His Clients. Now He’s Living in Luxury on the Côte d’Azur - Bloomberg