

Companies can take out loans against projects on their books in order to finance delivery. And because banks are often run by people more greedy than careful, this opens an easy second hand swindle by which you claim yourself as a government contractor with a $300M project, borrow the balance at some percentage you don’t care about, and then never pay it back.
Yeah, sure. Your name is burned. But for a healthy cut of a nine figure job, who cares? This ballroom is twice what the Ocean’s Eleven team heisted, and it’s all legal.




























There’s a (now defunct) website called Hindenburg Investments that specialized in Short Selling companies they research, dig up criminal misconduct on, and then report to the SEC/FBI/etc.
The last report they released was on PACS, a company that was caught swindling Medicaid to the tune of hundreds of millions of dollars.
After Trump won the election, I took a gamble on “Scams and Frauds” investing and picked up 1000 shares in this heavily depressed company. Trumps’ admin effectively dropped the investigation and charges on the firm, causing its stock price to triple.
Just something for the savvy investor to look out for in the future.