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What I don't understand is why he ran it for so long. It would seem that he just waited for his scheme to collapse and then was arrested. Why didn't he skip t
by maximilian 18y ago
What I don't understand is why he ran it for so long. It would seem that he just waited for his scheme to collapse and then was arrested. Why didn't he skip town with all the money when it was at a maximum? Thats what a good fraudster does. Why wait around for 30 years?
- joe_the_user 18y agoIf you look at the history of this fellow, he seems to have started his scheme when he fairly young and have run it all the way till he seventy. During that time, we can assume he ran the high life and basked in worldwide renown. By the time of the collapse, he was seventy and probably didn't have the either guts or the know-how to become fugitive. And in ways, was already the perfect crime. If you could calibrate a fraud so it begins in your youth and collapses on your deather, you would guarantee yourself the life of Riley. It is only the folks who out-live who would suffer and so it is society's regulators who's job it is prevent such things. We've seen how well that worked.