Fraud 101: Apprenticeship in Bank Fraud and Social Security Fraud
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Fraud 101: Apprenticeship in Bank Fraud and Social Security Fraud
Bernard Moore, formerly Visiting Professor, Williams College
This course is being offered once, and once only by special arrangement with Prof. Bernard Moore. It introduces basic fraud concepts, and a thorough understanding of Black's Law to ensure that apprentice as well as experienced fraudsters properly engage in fraudulent activities. Lab exercises include best practices in Identity Theft and practical Money Laundering techniques. BREAK A unique aspect of this course is the opportunity to be an apprentice fraudster studying at the feet of self-confessed fraudster, Prof. Bernard Moore. |
This is my painfully bad attempt at satire, of course. Bad humor aside, Prof. Bernard Moore is no mythical figure. And his purported activities are not apocryphal either.
My daughter, a senior in high school, is currently applying to college, and Williams College, in Williamstown, MA is on her list. As we researched the college (and hyperventilated over costs), I came across this article in the Williams Record, and nearly fell off my chair (I actually did. Seriously. And not from the cost of attending college.)
The esteemed Prof. Bernard Moore seems like quite con-man! He has run up more than $500,000 in purchases (an outstanding balance of over $450,000) using 90 or so credit card accounts. And that's the obvious stuff. Under many spurious identities, he fraudulently received federal student loans (to attend several colleges). He obtained fake private student loans from JP Morgan Chase, Citi, and Bank of America. He falsified his academic background. He claimed social security disability on behalf of an associate.
He does seem to have a real Ph. D., though. Obtained under an alias!
In addition to being terrible at humor, I'm also terribly cynical. So, please indulge me as a I predict the future, and tell you how this is going to end. He'll do a light sentence in a cushy prison for white collar criminals("Club Fed"). Upon release he will bleat remorsefully, apologize profusely, and cry many crocodile tears. He will write a book. The book will be made into a movie. He will go on the speaking circuit. He may even teach, again (Fraud 101, anybody?). Folks: we've seen this film before. Really.