How to Smell a Rat: The Five Signs of Financial Fraud

Acknowledgments vii

Introduction 1

Chapter 1: Good Fences Make Good Neighbors 11

Chapter 2: Too Good to Be True Usually Is 39

Chapter 3: Don’t Be Blinded by Flashy Tactics 63

Chapter 4: Exclusivity, Marble, and Other Things That Don’t Matter 87

Chapter 5: Due Diligence Is Your Job, No One Else’s 111

Chapter 6: A Financial Fraud–Free Future 137

Appendix A: Asset Allocation—Risk & Reward 153

Appendix B: Same but Different—Accounting Fraud 157

Appendix C: Minds That Made the Market 161

Notes 195

Index 203

About the Authors 209