100 Quadrillion Japanese Dogs Kishu Inu founder Alexander Sisemore allegedly bagged $9 million in a crypto ‘rug pull,’ dumping his secret stash of the meme coins on investors. Will crypto enthusiasts buy anything with a dog on it?
Charlie Javice – Frank She was startup wunderkind with student loan website. She gave JPMorgan Chase a $175 million education.
The Fake Andy Warhols The art was fake. The provenance was fake. Even the email address was fake. Now the dealer is missing.
Florida Man Takes Cops For A Ride It takes a lot of balls to rip off police. Pension administrator employee Michael D. Williams settles civil fraud charges without admitting or denying the allegations.
Scamway The granddaddy of multilevel marketing gets stuck with a record $225 million settlement as regulators finally crack down on Amway.
Catch And Release Kevin Kolenda kept getting caught selling bogus prize insurance. He never stopped casting for suckers.
The Sins Not Even Trump Can Pardon Nikola founder Trevor Milton got a presidential pardon. It won’t erase the financial consequences of his fraud.
LIV And Let Die LIV Golf can beg for a mulligan in bankruptcy court. But who wants to invest in a losing game?
Amazon’s Imaginary Friend Jeff Bezos’ e-commerce giant allegedly invented a bidder to drive up prices. Guess who pays.
Basketball Or Ballmer Ball? The NBA just suspended Steve Ballmer, its richest team owner, for allegedly making up his own rules.
No One Yelled Fore Good Good Golf is paying steep price after running, ‘the worst ad known to mankind’ and taking Callaway down with it.
Jes Staley’s Magic Kindom When Wall Street was melting down, this top JPMorgan executive sought a financial wizard. He turned to his pal, Jeffrey Epstein.
Flip This NBA Team Billionaire Mark Walter is scrambling to raise billions after his insurance companies reported a $20 billion investment blunder. Now he’s flipping the L.A. Lakers.
Conrad Black – Hollinger International He inherited a fortune and leveraged it into a global newspaper empire. Then he went to prison for stealing from his own company.
‘You Better Find Me Incompetent’ Former Abercrombie & Fitch CEO Michael Jeffries finally faces trial for alleged sex trafficking that began nearly 18 years ago
A Pump And Dump From Prison David Foley hyped penny stocks and bagged millions while serving a federal prison sentence. Now he’s headed back to the office.
Boiler Room 2026 Cold calls. Sales scripts. Promises of 1,000% returns. The SEC says an old stock-peddling scam found a new generation of victims.
The Luigi Effect Luigi Mangione has changed corporate security. CEOs may never feel safe again.
NFT Monkey Business Venture capitalists bet millions on a startup promising to build an exchange for cartoon apes. Prosecutors say founder Taj Tarsha blew investor funds on gambling and his DJ career.
Leaky Pants First came explosive diarrhea. Then came allegations of a $32 million inside job. It’s been one crappy summer for Taylor Farms.
How To Lose An Internet Fight eBay executives tried to silence a newsletter. It cost them tens of millions of dollars, seven criminal convictions, and one of the worst public-relations disasters in Silicon Valley history.
AI Eats IBM The computing giant spent three years serving investors an artificial intelligence feast. This week, it found itself on the menu.
How To Read Epstein Files Goldman Sachs’ former general counsel Kathryn Ruemmler can’t lawyer her way out of her emails
The Wells Fargo Fraud Wagon From fake accounts to mortgage abuses, this bank keeps rolling through scandals. Its latest delivery: $50 million settlement over claims it enabled a Ponzi scheme.
Disposable Income A Memphis gynecologist billed $41 million while reusing “dirty” medical devices on thousands of women
Chartered Financial Asshats An embarrassing embezzlement case defied ethics, professionalism and even financial controls at the CFA Institute
The Great Gatsby Of Crypto Christopher Delgado went from In-N-Out Burger to the Fontainebleau, buying credibility from politicians, celebrities and charities before his $400 million Ponzi scheme collapsed
The Baloney Incident How JPMorgan Chase turned a deli tray into a multimillion-dollar battle and another reputational pickle
Fuel For Fools Volkswagen can’t recover from ‘Dieselgate.’ FirstBank of Puerto Rico accused of banking Epstein’s sex trafficking operation. An embezzling healthcare CEO bets his clinic.
Billion-Dollar Band-Aids The latest government crackdown on medical billing fraud showcases Ferraris, diamonds, luxury resorts and a yacht named ‘Butt Nekkid.’ But the real question is, how does this folly keep happening?
Pre-Pardon Panic U.S. Senators introduce a resolution to discourage Trump from freeing FTX founder Sam Bankman-Fried
A Trickle And A Trillion Microfinance promised to alleviate global poverty. Megafinance created a trillionaire.
Timeless Wisdom Often Ignored An anthology of the best quotes on business, leadership, investing, economics, fraud, failure, corporate folly and more
Bill Gates Is No Mr. Rogers The billionaire philanthropist can’t dress up a bad association. He is now hopelessly tied to the Epstein class.
The Religion Of Money Paul Vigna, author of 'The Almightier,' joins me in a livestream video to talk about a world where everything revolves around money
Trash It, Crash It, Cash It The financial world needs honest short sellers. Prosecutors convinced a jury that Andrew Left at Citron Research wasn’t one of them.
Cut Staff, Get Money UnitedHealthcare’s business model draws more scrutiny. Massachusetts’ Attorney General says it overcharged the state by more than $100 million.
Suited And Booted BP has cycled through blundering executives for decades from John Browne’s scandalous courtroom lie to Albert Manifold’s alleged bullying
When Schlitz Went To Schitz The beer that made Milwaukee famous never recovered from its cost-cutting moves in the 1970s.
Amazon’s Philosopher King Jeff Bezos is just another bloviating billionaire talking his book on CNBC. Taxes are still coming out of your check.
Cruci-fried Chicken Has Chick-fil-A been closing on the wrong day for the Sabbath? A federal lawsuit is putting a Texas franchisee of this famously pious chicken chain on the grill.
Illegal Eagles – Elite corporate lawyers allegedly formed an insider trading ring and “made out like bandits” with clients’ confidential information
The White-Collar Playbook – The most common types of financial fraud and the companies that didn’t get away with them
NACHO NACHO Man Wall Street bets Strait of Hormuz stays closed and gasoline prices will sting all summer long
Full Court Heist Atlanta Hawks senior finance executive Lester T. Jones Jr. is headed to prison after looting his team
Red Flag Alerts Meets Business Blunders What could go wrong? Everything! And we've seen it all before. Watch Herb Greenberg and Al Lewis compare notes on the Golden Age Of Grift.
Tricolor Me Blue JPMorgan Chase, Barclays and Fifth Third Bank can’t escape the obvious conclusions as they defend themselves in a subprime auto lending debacle
Sand Trap Saudi Arabia launched LIV Golf in a hostile takeover of the sport. Now it looks like the oil-rich nation can’t afford to stay on course.
Don’t Gloat About Your Moat A common turn of phrase helped prosecutors win an antitrust ruling against Live Nation. Could its concert monopoly finally be over?
The Substack Ponzi Tyler Bossetti built a huge social media following. His secret: 30% investment returns.
A Friend Of A Friend Of Epstein Warren Buffett gave Bill Gates’ foundation $43 billion. Now he doesn’t even talk to the guy.
Banking On Epstein The sex trafficker couldn’t have done it without America’s biggest banks. Now Bank of America is paying off his victims.
Back In The Box Renault-Nissan’s fugitive CEO Carlos Ghosn fled Japan in a crate. Now his Beirut refuge is under fire.
The Wizard of Oz Goes to Florida Dr. Mehmet Oz is hunting healthcare fraudsters in the Sunshine State. Why? So they can run for governor or the U.S. Senate?
Trailer Trash Solar A failed auto mechanic blew sunshine at Warren Buffett. Now even his lawyer is headed to prison.
Billionaire Blind Spot A failed entrepreneur fleeced the super rich. His bankruptcy records were public
Homer Goes to Hanford America’s Most Dangerous Nuclear Cleanup Runs Like a Simpsons Episode
Walmart Keeps The Change You thought your tips were going to drivers who dutifully delivered your order. Guess again.
Bombing Iran With Crypto Trump pardoned Binance founder Changpeng Zhao in October. But a sworn U.S. enemy allegedly kept doing business through the sanctioned crypto exchange
Double Duped L Brands founder Les Wexner says he was duped. But Jeffrey Epstein wasn’t the only one accused of molesting fashion models at his companies.
Sultan Of Sleaze The CEO of one of the world’s largest port mangers was sunk by his own send button – exchanging emails with Jeffrey Epstein
An Epstein ValentineGoldman Sachs General Counsel Kathy Ruemmler will eventually resign after her chummy relationship with the world’s most notorious pedophile is exposed
Bad Moon Rising His digital token was supposed to fly to the moon. It landed him in prison.
Party With Mr. Dahmer Spinmeisters should substitute ‘Epstein’ with ‘Dahmer’ to hear how they creepy sound
Red State RipoffInsurance tycoon Greg Lindberg fleeced conservative retirees. Now he wants a Trump pardon.
This Is Sandgaard The CEO of Zynex Medical was indicted for health care and securities fraud. It could mark the end of his rock and roll fantasy.
Needless Markup Amazon’s $475 million bet on the Saks-Neiman Marcus merger goes to zero in bankruptcy court
Was Maxwell Smart? Ghislaine Maxwell lived her life between two international crooks: Her father Robert Maxwell and sex-offender Jeffrey Epstein. Some people think they were spies.
Pork Jello Sandwich Do you mean the McRib isn’t actually made from real rib meat? Say it ain’t so.
Biggest Business Blunders Of 2025 It was a year of forbidden love, economic anxiety, corporate breakups, bankruptcies, CEO resignations, Jeffrey Epstein, and the Tesla Chainsaw Massacre
Sacking Sachs No one pulls off a smash-and-grab like a privateer
Best Read Blunders Of 2025 Here’s what clicked the most for me on Substack this year. Not my best work, not the biggest story, not even the most-important development – but it clicked.
How To Rob A Greedy Bank Mary Carole McDonnell has been retired for seven years after allegedly defrauding banks that didn’t bother checking out her story
Small Town Bankster Reckless lending, casino gambling and allegedly doctored books led to the demise of a century-old community bank. Now its CEO faces prison time.
JPMorgan Chase Can Check Their Butts A young entrepreneur duped the bank out of $175 million. Now her defense lawyers are billing the bank for cellulite butter.
Straighten Up And Fly Right Transportation Secretary Sean Duffy says, ‘The Golden Age of Travel Starts With You,’ as the horrifying passenger antics continue
Winter Is Coming For Summers I warned readers about Larry Summers’ gross incompetence in 2013. Now it’s back on full display in emails with Jeffrey Epstein.
Pardon My PonziTwice-convicted swindler Eliyahu Weinstein got a Trump commutation. Now he’s going to back to prison for a third fraud.
Networking With A Pedophile Goldman Sachs defends its general counsel after her chummy relationship with Jeffrey Epstein is exposed
Getting Sondered Marriott screws its guests as its short-term rental partner files bankruptcy
Felons Fly Free Boeing beats criminal charges for its deadly 737 Max crashes only to be accused of more negligence in this week’s fatal MD-11 crash
White Pizza Seven years ago, Papa Johns’ founder resigned after making racist remarks. Today, the company is struggling with its damaged brand.
Dead Meat The hype on Beyond Meat was beyond reason. Note to investors: It’s mashed peas.
A Dead Billionaire Defaults Gary Winnick, the late founder of a failed telecom startup, sacks his lender from beyond the grave
Dr. Lie Erik Lie, a finance professor at the University of Iowa, catches cheats. His numbers don’t lie.
Hi-Yo Silver, Away NBA Commissioner Adam Silver placed a big bet on legalized sports gambling. He didn’t anticipate the alleged corruption that came with it.
Too Big To Jail Jeffrey Epstein couldn’t have done it without America’s biggest banks, a new lawsuit alleges. Watch them settle quietly and move on.
Parts Is Parts A secretive billionaire just exited from one of the biggest corporate scandals in years. It began with auto parts.
Go Suck A Lemon Lululemon has a message for its loudmouth founder, and it’s not namaste
Ain’t No Billionaire’s Son David Bren, the disowned son of the nation’s richest real estate mogul, sold his investors the ‘ultimate man cave.’ Then he caved.
Power Outage Illinois’ longest-serving House Speaker will start serving prison time for his ComEd bribery scheme
Wickedness On Wall StreetRenowned financier Howard Rubin and his assistant were arrested for alleged sex-trafficking in a sex dungeon
Lap Dance Dollars Executives from world's largest publicly traded strip club company allegedly bribed a public auditor to dodge $8 million in sales taxes
If You Build It, Chumps Will Come A father-and-son team fleeced municipal bond investors out of more than $280 million with an Arizona sports-park nightmare
Reefer Madness The CEO behind Jim Beam and Maker's Mark resigns over CBD use
Buffett’s Big Blunder At least the world's most-admired investor can admit he was horribly wrong about Kraft Heinz
The Chocolate Lover Nestlé CEO Laurent Freixe just joined a litany of top executives who've lost their jobs to love
The Apprentice Movie producer behind Trump biopic faces 300 years in prison for alleged scams of his own
Doing That Shuffle A former JPMorgan Chase and Goldman Sachs executive raised $4.3 million to start a blockchain gambling app. Then he allegedly blew his seed money in another online casino.
Kwon Don’t Terraform Labs founder Do Kwon never planned on failure. Now he's headed to prison after pleading guilty to a $40 billion crypto fraud.
Near Intelligence On Epstein Island This company tagged everyone who came and went to the infamous pedophile paradise. Now, its top executives are charged in an unrelated accounting fraud.
Slipping Away From Prosecutors The Volkswagen CEO who lorded over "Dieselgate" defers consequences with a happy accident
15 Tales Of Lost Ponzi Riches Swindlers can steal billions because investors won't learn from history. Here's a ranking of America's top Ponzi schemers.
Behind Business Blunders In a rare podcast appearance, hosts want to know who is the intended audience for Business Blunders, and what is my goal for this publication? Like I know?
China’s Jolly Rogers Anyone who knows what the Federal Reserve will do next can make billions. A senior Fed advisor allegedly sold China an insider track.
Biggest Business Blunders of 2024 It was an ignominious year for economic forecasters, CrowdStrike, Boeing, FTX, Mattel, Truth Social, Red Lobster, Fisker, Spirit Airlines, TicketMaster and the dumbest bank embezzler in history
Plastic Balls ExxonMobil put polymers in our testicles
Bankster Bonus A top Old National Bank executive bags $2.6 Million after his arrest for allegedly molesting a child
Watery Grave CEOs usually don't implode as literally as OceanGate's Stockton Rush
Drivin’ that Train It's the end of the line for the embattled Norfolk Southern CEO
Stinky Stonk Anatomy of a nightmare investment that's poised to get worse
The Music Man Michael Smith allegedly played his AI-generated music billions of times to bots, ripping off streaming services and artists
One Sorry Ferrari Online gaming CEO hustles car broker and scams investors with an IPO that never happened
Adam Family Brothers allegedly raised $60 million with a phony crypto bot and spent investors' money on new homes and luxury goodsPiggy Banker A Bank CEO robs his own bank while crypto scammers rob him
Clowns In Court An FTX felon wants to take back his guilty plea after prosecutors charged his girlfriend with campaign finance violations
Piggy Banker A Bank CEO robs his own bank while crypto scammers rob him
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.