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Articles15 Fascinating Books About White Collar Crimes & Scandals

15 Fascinating Books About White Collar Crimes & Scandals

Published by Likewise | Nov 22, 2024Explore gripping narratives that expose the underbelly of white collar crimes through captivating stories and powerful insights from the brightest writers in the field.

In the world of crime, tales of white collar scandals often reveal the dark side of ambition, greed, and betrayal. From corporate frauds to sensational heists, these narratives offer a critical look at how power can corrupt and influence society’s elite. Here’s a collection of 15 fascinating books that delve deep into some of the most notorious white collar crimes and scandals in modern history.

1. Bad Blood

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_NATIONAL BESTSELLER_ – This gripping tale by John Carreyrou details the rise and fall of Elizabeth Holmes and her startup Theranos, which promised to revolutionize blood testing but ended in one of the biggest corporate frauds in Silicon Valley. Holmes' ambition led her to mislead investors and endanger patients, illustrating the peril of unchecked ambition.

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2. Billion Dollar Whale

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This bestseller unearths Jho Low's audacious scheme to defraud over $5 billion from Malaysia’s 1MDB fund, aided by Goldman Sachs, revealing the glamorous excesses and dire consequences of his actions. An unforgettable narrative of high-stakes deception and greed that has drawn comparisons with classic tales of financial folly.

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3. Empire of Pain

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This book by Patrick Radden Keefe paints a grand portrait of the Sackler family, whose wealth came from the painkiller OxyContin, uncovering their role in the opioid crisis through shocking storytelling and relentless investigation, raising important questions about accountability and corporate malpractice.

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4. Guilty Admissions

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Nicole LaPorte’s exposé on the Varsity Blues scandal takes readers on a wild ride through an elite world of privilege, desperation, and deceit. This book reveals the lengths to which parents went to ensure their children's admission into prestigious universities, showcasing a disturbing reflection on contemporary American society.

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5. The Cult of We

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With a riveting narrative, the authors explore the rise and fall of WeWork, detailing its founder Adam Neumann’s wild ambitions and reckless decisions that led to a spectacular corporate collapse. This book digs deep into the financial systems that enable such ventures and the culture of Silicon Valley.

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6. In Vino Duplicitas

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This engrossing tale chronicles the story of Rudy Kurniawan, the wine connoisseur who came to be known as a master forger in the wine world. It reveals his journey into the darkest corners of luxury, art, and deception, as he turned authentic labels into counterfeit masterworks.

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7. The Spider Network

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In this thrilling account, journalist David Enrich details Tom Hayes' role in one of the largest financial scandals in history, the Libor rate-fixing conspiracy. The narrative reveals the bizarre characters involved, the corruption of the banking system, and the shocking lengths to which they went to exploit it.

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8. Dark Towers

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Finance editor David Enrich exposes Deutsche Bank's sordid history and its connections to infamous figures like Donald Trump and Jeffrey Epstein, weaving a narrative that unveils the moral decay of an institution once thought to be respected.

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9. Flash Boys: A Wall Street Revolt

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Michael Lewis uncovers the dark practices of high-frequency trading and how a group of traders banded together to expose the rigged stock market. Their fight for justice shines a light on the necessary reforms in the financial industry.

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10. Billion Dollar Loser: The Epic Rise and Fall of WeWork

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This captivating account delves into the troubled path of WeWork, detailing how Adam Neumann’s vision led to extravagant failure. It’s a tale of ambition, investment, and ultimately, downfall, providing lessons in modern entrepreneurship.

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11. Out of the Ether

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Matthew Leising chronicles the infamous $55 million heist in the Ethereum ecosystem, exploring the original vision of Ethereum and the subsequent fallout from the theft. A must-read for those interested in cryptocurrency's volatile landscape and hacking culture.

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12. Molly's Game

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In this thrilling memoir, Molly Bloom recounts running Hollywood's underground poker game, revealing an enticing world of high stakes, celebrity faces, and the price of excess. It's a dramatic insider’s account of glamour and downfall.

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13. The Wolf of Wall Street

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Jordan Belfort's memoir offers a rollercoaster of excess and vice in Wall Street's culture, chronicling his rise as a stockbroker and the inevitable fall that followed his reckless ambition. An iconic tale reflecting financial hubris and its consequences.

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14. The Smartest Guys in the Room

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Bethany McLean and Peter Elkind carefully dissect the Enron scandal, illustrating the blend of genius and folly that led to one of the largest bankruptcies in U.S. history. A must-read for those seeking to understand the depths of corporate corruption.

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15. The Wizard of Lies

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Diana B. Henriques provides a thorough investigation into Bernie Madoff's monumental Ponzi scheme that defrauded investors of billions. This narrative digs into the man behind the scandal, offering insights that expose the darker side of the financial world's elite.

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These books not only encapsulate the economic crimes and individual moral failures but also illuminate the broader implications for society at large. They serve as cautionary tales about the darker aspects of ambition and wealth, proving that sometimes, the real stories are stranger than fiction. Dive into these compelling reads and uncover the lessons learned from the world of white collar crime.

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