Ken Fisher is a money supervisor, Forbes columnist, and it is one of the Forbes 400 richest Americans. Stockerblog: I wanted to speak just a little about con men versus con women. Do you see more women becoming con artists in the future or do you consider it will mainly be men? Fisher: The annals, as I pointed out in the written reserve How to Smell a Rat, is exclusively men almost. But I do believe that women are as smart, as capable, so when you take a look at other kinds of criminality, you see their existence and in some types of criminality actually, predominance of female criminals.
So, for example, when you look at a different form of embezzlement, this is where somebody in a little business embezzles from the business. Traditionally, that a felony has been overwhelmingly female. Stockerblog: Maybe the person on the rainmaker side just as culpable as the back office person or the person who runs the scheme?
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Fisher: Oh sure. Absolutely. Individuals who are participatory to a Ponzi structure must have known that they were participatory to a Ponzi structure. They need to up have known something was. People around Alan Stanford knew something was up. You think about Madoff. …Read More