Strategy

I was a stockbroker at UBS who went to prison for fraud. Now I’m a white-collar prison consultant who helps high-profile clients get through their time in lockup — here’s what my job is like.

Justin Paperny, 45, is a business owner and former federal inmate currently based in Irvine, California. While working as an investment banker at UBS, Paperny was involved with a fraudulent hedge fund that was part of a Ponzi scheme. He pleaded guilty in 2007 to conspiracy to commit mail, wire, […]
I was a stockbroker at UBS who went to prison for fraud. Now I’m a white-collar prison consultant who helps high-profile clients get through their time in lockup — here’s what my job is like.
News

Champagne, cigars, flights and hotel rooms: Israel’s Prime Minister has just been indicted on corruption charges, and Crown Casino billionaire James Packer allegedly played a role

Israeli Prime Minister Benjamin Netanyahu was indicted on bribery, fraud, and breach of trust charges on Thursday in three seperate criminal cases. Crown Casino billionaire James Packer was mentioned in one of the cases, and allegedly offered various gifts to Netanyahu and his family over several years. Police did not […]
Champagne, cigars, flights and hotel rooms: Israel’s Prime Minister has just been indicted on corruption charges, and Crown Casino billionaire James Packer allegedly played a role
Markets

NAB is ‘sorry’, but says there were no crimes

Evidence to the financial services royal commission shows the NAB is under investigation for criminal breaches of the Corporations ACT. CEO Andrew Thorburn has apologised but says the bank did not act criminally. “… we do not believe they are criminal breaches and we certainly do not believe they are […]
NAB is ‘sorry’, but says there were no crimes
Video

Do polygraphs work and should we keep using them?

You’ve probably seen this device before. This is a “polygraph” — which is more popularly known as a lie detector test.But just how often itcancatch you in a lie is shrouded in controversy. Regardless, thousands of polygraphs are given each year in the US, alone, for everything from government clearance […]
Do polygraphs work and should we keep using them?
News

The business lessons from the masterminds who built and ran huge criminal empires

Today’s modern business leader can pick up a few tips on strategy by studying big criminal organisations. Vast empires created by criminal masterminds, mostly through the sale of unlawful drugs, needed good business minds to run them. Among the skills needed were: managing risk; innovation; adaptability; specialisation; and influencing. Author […]
The business lessons from the masterminds who built and ran huge criminal empires