Or the entire article. Sure, the foreground story is about a serial fraudster, but its substance is the cavalcade of systemic failure to do anything about him,

Or the entire article. Sure, the foreground story is about a serial fraudster, but its substance is the cavalcade of systemic failure to do anything about him, or, by implication, any of the innumerable others like him, bilking the system. If a system shrugs at fraud, what fraud it suffers is substantially that system's fault, IMO. Obviously, mens rea is a thing, but if you're cultivating an environment where bad actors can act badly, you own a heap of that bad. EDIT: Phrasing