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False Profits: The Inside Story of BCCI, the World's Most Corrupt Financial Empire
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Exposé of BCCI's worldwide financial crimes.
If you're fascinated by the murky interplay of global finance and crime, "False Profits" is a meticulous deep-dive. Authors Truell and Gurwin have done a decade's worth of legwork to unveil the Bank of Credit and Commerce International's transgressions. This book isn't just a recount of financial misdeeds; it's a compelling narrative that places you at the heart of one of the biggest banking scandals in history, involving high-profile individuals and entities. It's a genuine eye-opener about the staggering extent of corruption possible in the financial world.
Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
New
False Profits: The Inside Story of BCCI, the World's Most Corrupt Financial Empire
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ISBN: 9780395623398
Publisher: Houghton Mifflin
Date of Publication: 1992-01-01
Format: Hardcover
Related Topics:
Finance,
Leadership,
Management,
Politics,
World History,
Social Justice,
Political Science,
History,
Biography,
Government
Goodreads rating: 3.74
(rated by 23 readers)
Description
The deception began with its name, for the Bank of Credit and Commerce International was never truly a bank. BCCI was, from the start, a monstrous fraud: behind a convincing facade, a shadowy group of Pakistani financiers and Arab sheikhs organized a criminal enterprise of unprecedented proportions. Now, in this authoritative book, two award-winning journalists tell the shocking story of how BCCI used an array of schemes to steal billions of dollars and ultimately buy political influence in the United States and around the world. BCCI's charismatic founder, Agha Hasan Abedi, liked to speak about his bank's "moral mission." BCCI would be the first global Third World bank, a financial institution committed to aiding people in developing countries. Instead, Abedi and his allies did exactly the opposite, robbing innocent depositors of their savings, assisting dictators in the looting of their countries' treasuries, and doing a brisk business with terrorists and drug lords. With the help of Saddam Hussein, Manuel Noriega, and other notorious villains, BCCI built an empire that operated in seventy-three countries and controlled $30 billion in deposits. But BCCI also had a political agenda: by secretly taking over the largest banking institution in Washington, D.C., and corrupting a host of powerful politicians, the bank's backers tried to influence U.S. policy in the Middle East
Condition guide
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*Books may be missing bundle media (e.g. CD, e-book code), if included.
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Exposé of BCCI's worldwide financial crimes.
If you're fascinated by the murky interplay of global finance and crime, "False Profits" is a meticulous deep-dive. Authors Truell and Gurwin have done a decade's worth of legwork to unveil the Bank of Credit and Commerce International's transgressions. This book isn't just a recount of financial misdeeds; it's a compelling narrative that places you at the heart of one of the biggest banking scandals in history, involving high-profile individuals and entities. It's a genuine eye-opener about the staggering extent of corruption possible in the financial world.
Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
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