Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.

  • Apple
  • Android
  • Windows Phone
  • Android

To get the free app, enter your mobile phone number.

FREE Shipping on orders with at least $25 of books.
Usually ships within 2 to 4 weeks.
Ships from and sold by Amazon.com. Gift-wrap available.
Financial Serial Killers:... has been added to your Cart
FREE Shipping on orders over $25.
Condition: Used: Good
Comment: Item qualifies for FREE shipping and Prime! This item is used.
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See all 2 images

Financial Serial Killers: Inside the World of Wall Street Money Hustlers, Swindlers, and Con Men Hardcover – July 28, 2010

4.6 out of 5 stars 10 customer reviews

See all 9 formats and editions Hide other formats and editions
Price
New from Used from
Kindle
"Please retry"
Hardcover
"Please retry"
$24.95
$2.49 $0.01

The Numberlys Best Books of the Year So Far
$24.95 FREE Shipping on orders with at least $25 of books. Usually ships within 2 to 4 weeks. Ships from and sold by Amazon.com. Gift-wrap available.
click to open popover

Frequently Bought Together

  • Financial Serial Killers: Inside the World of Wall Street Money Hustlers, Swindlers, and Con Men
  • +
  • Get Capone: The Secret Plot That Captured America's Most Wanted Gangster
Total price: $39.40
Buy the selected items together


Editorial Reviews

From Publishers Weekly

Ajamie, a top securities lawyer, and Kelly, news editor for Investment News, team up to recount true tales of financial frauds throughout history, which make for addictive if depressing reading. Ajamie's expertise in commercial litigation gives the reader an inside look at the complex strategies financial advisers, insurance agents, and even family members employ to fleece hapless individuals, focusing on the false emotional bonds con artists create with their victims in order to take advantage of them. For those who can wade through occasionally disjointed prose with some very jarring changes in tone, there are valuable lessons for readers who want to protect themselves from being swindled. In the wake of the Madoff scandal and the financial excesses that led to the recession of the past two years, this book will appeal to many readers angered by the financial services industry, the failures of the regulatory authorities, and rogue advisers.
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

About the Author

Tom Ajamie is one of the top trial lawyers in the United States and has a long track record of successfully suing financial criminals both domestically and internationally. He has recovered hundreds of millions of dollars—including the largest stock arbitration award in U.S. history, $429 million—from fraudulent individuals, corporations and organized criminal organizations. Ajamie has provided insight and analysis on corporate and financial crimes for leading media outlets, including ABC, CNN, CNBC, NPR, the BBC, The Wall Street Journal, New York Times, Forbes, Financial Times, BusinessWeek, and Newsweek. He lives is Houston, Texas.  

Bruce Kelly is the news editor for InvestmentNews, the leading trade publication for the investment advice business. An award winning journalist, Kelly writes about Wall Street, securities regulation, brokerage firms, and fraud, and was covering the collapse of Ponzi schemes and damage to investors more than a year before Bernie Madoff admitted his $65 billion fraud in December 2008. He lives in New York City, New York.
NO_CONTENT_IN_FEATURE

The latest book club pick from Oprah
"The Underground Railroad" by Colson Whitehead is a magnificent novel chronicling a young slave's adventures as she makes a desperate bid for freedom in the antebellum South. See more

Product Details

  • Hardcover: 320 pages
  • Publisher: Skyhorse Publishing (July 28, 2010)
  • Language: English
  • ISBN-10: 1616080310
  • ISBN-13: 978-1616080310
  • Product Dimensions: 6 x 6.3 x 9 inches
  • Shipping Weight: 1 pounds (View shipping rates and policies)
  • Average Customer Review: 4.6 out of 5 stars  See all reviews (10 customer reviews)
  • Amazon Best Sellers Rank: #1,551,457 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

Format: Hardcover Verified Purchase
The book is entertaining and on target. I especially liked the part about Belfort (whose book has been on my "to read" shelf for several years) and the penny stock houses. They are SO bad! I had a neighbor once, an intelligent guy who was a teacher and who spent two hours every morning practicing classical piano, who called me in a panic over what he was being pushed to do by a broker at First Jersey Securities. I calmed him down and convinced him not to borrow money to add to his account but he lost what he had already deposited in the account.

In any case, this book is especially helpful to civilian investors. I liked the chapter that began on p 199 that advised keeping assets separate from one's advisor. Too bad the Madoff investors didn't get that message. Too bad the NASD examiners didn't understand that concept.

This is "must" reading for every athlete, lottery winner and entertainer who makes a lot of money and doesn't know what to do with it.
Comment 6 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Hardcover
Finaancial Serial Killers is particularly valuable to investors.This book is unique because it not only describes the various scams but also how to avoid them. Literally millions of dollars of losses can be avoided easily if certain basic precautions are taken. Messrs. Ajamie and Kelly have done a major public service in attempting to protect life savings particularly for seniors who cannot replace with earnings their hard earned monies.
1 Comment 4 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Hardcover
Tom Ajamie and Bruce Kelly have done the world a great service by writing a book about the white collar thieves they call "financial serial killers." I just finished this book, and could not put it down because the stories are amazing about how white collar criminals work their 'prey' and even when they are caught, the penalties are nothing compared to the crime. The book mixes the stories of real life criminals, the clients, and the senseless lack of oversight on the part of our federal and state agencies. Toward the end of the book, there are resources for checking out your financial investment advisers, brokers, and others. There is also a section on the types of investments that pose the least risk for this type of crime.

I came away with the knowledge that white collar criminals are brilliant, I can easily fall for a scam just like Madoff's clients, and I'd better arm myself with as much data on anyone who might be handling my money and investments.
Comment 2 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Hardcover
The book mostly tell the fraud cases from the experience of the author (a trial lawyer). So most examples of con art covered in the book are outright criminal cases of fraud and theft, commited mostly by financial advisers and brokers. The cases about insurance agents pushing unnecessary products and a Prudencial financial adviser making reckless trades in client's account are exceptions, they are legal but harmful and devastating.

However, the book does not have much coverage of the "legal" and more sophisticated con art performed on Wall Street, mostly from a financial product perspective. Types like manipulation of earnings and deceit by company management, questionable or aggressive accounting, hype of stocks, sectors and productions from Wall Street houses, financial gurus and media (think .com), manias, false advertisement of financial products (include severe tracking errors of many ETFs invented in recent years). Blatant money printing (QE), debasing the U.S. currency, keep interest rate at 0 by the Federal Reserve, thus fanning inflation, forcing all investors to take reckless risks to reach for any "yield" would fall into the financial engineering con art category as well.

The book covered "pump and dump". But those cases are committed by small time criminals on penny stocks or non existent companies. There is also "pump and dump" committed by major Wall Street houses on big companies, whole sectors, even the whole market, exemplified by the media and aided by the government policies and the Federal Reserve.

Investors are more likely to fall victims of these large scale and "in the open" tactics on Wall Street than the outright criminal activities covered in the book.
Read more ›
Comment 5 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Hardcover
This a great book for anyone asking "What happened?" This book can help readers - even those who don't have a financial background -- understand the dishonest players and the events that have touched so many bank accounts.
Comment One person found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse