Evan Ratliff
The Fall of the Billionaire Gucci Master
Bloomberg, 2021
Aperçu
One fraudster’s story pulls back the curtain on the world of “business email compromise” scams.
Recommendation
The FBI estimates that, in 2020, fraudsters played more than 20,000 “business email compromise” (BEC) hustles in the United States, making away with $1.8 billion. In this enthralling investigative report, journalist Evan Ratliff examines the shadowy world of BEC thefts against the backdrop of the lavish life of Ramon Abbas, who amassed a multimillion-dollar bankroll from his cyber thefts. Ratliff expertly maps out how BEC scams work, noting the snares corporations typically fall into. Executives looking to understand BECs will find a shocking story of deception in this noirish report.
Summary
About the Author
Evan Ratliff is a journalist at Bloomberg.
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