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Carbon Credit Fraud 2024 : Six Million Fake Credits. The DOJ Called It Fraud. The Registry Called It Verified — EP55 T1
Season 1 Episode 55
In October 2024, the DOJ, CFTC, and SEC filed simultaneous charges against CQC Impact Investors. The allegation: six million fraudulent carbon credit…
1 month, 1 week ago
Carbon Credit Fraud 2024: Certification Capture & Unobservable Asset Verification Failure | GP/LP Analysis - 3 Red Flags | EP55 T2
Season 2 Episode 55
This GP/LP technical episode dissects the structural conflict embedded in the voluntary carbon credit market's economics: the project developer pays …
1 month, 1 week ago
Abraaj Group 2018 : $13.6 Billion. The Middle East's Biggest PE Firm. LP Capital Used to Pay the GP's Grocery Bills — EP54 T1
Season 1 Episode 54
In January 2018, Arif Naqvi was on stage at Davos with Bill Gates. Eight days later, forensic accountants were looking for $230 million in LP capital…
1 month, 1 week ago
Abraaj Group 2018: LP Capital Commingling & GP Working Capital Misappropriation | GP/LP Analysis — 3 Red Flags | EP54 T2
Season 2 Episode 54
This .GP/LP technical episode dissects the two-entity architecture of private equity — fund vehicle versus management entity — and explains precisely…
1 month, 1 week ago
Peregrine Financial 2012 : Bank Statement Fabrication & Source Independence Failure │GP/LP Analysis - 3 Red Flags│EP53 T2
Season 2 Episode 53
The NFA staff who examined Peregrine Financial Group for twenty years were not negligent. They followed the procedures. The procedures were wrong — n…
1 month, 1 week ago
Peregrine Financial 2012 : He Faked the Bank Statements for 20 Years. The Regulator Never Called the Bank — EP53 T1
Season 1 Episode 53
In July 2012, Russell Wasendorf Senior sat in his car with a confession in his pocket. It began: "I have committed fraud. For this I feel constant an…
1 month, 1 week ago
MF Global 2011 : $1.6 Billion in Client Funds Went Missing. Nobody Decided to Take It. That Was the Problem — EP52 T1
Season 1 Episode 52
In October 2011, MF Global filed for bankruptcy with $1.6 billion in client funds missing. It was the eighth largest bankruptcy in US history. The fu…
1 month, 1 week ago
MF Global 2011 : Rehypothecation Under Liquidity Stress & The Conditional Custody Guarantee │GP/LP Analysis - 3 Red Flags│EP52 T2
Season 2 Episode 52
🔴 Every corporate failure leaves behind a pattern.
FFL Risk Pattern Scan provides access to a searchable library of documented corporate collapses, f…
1 month, 1 week ago
Allied Irish Banks 2002 : Fictitious Hedge Documentation & Verification Function Degradation │GP/LP Analysis - 3 Red Flags│EP51 T2
Season 2 Episode 51
. This episode builds the GP/LP operational due diligence framework for trading operations: the source of the confirmation matters more than the exis…
1 month, 1 week ago
Allied Irish Banks 2002 : He Didn't Hide the Position. He Built the Evidence That It Didn't Need Hiding — EP51 T1
Season 1 Episode 51
In 1995, Barings Bank collapsed because a trader controlled both the trading book and the back office. The industry spent the following year producin…
1 month, 1 week ago