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The grand scam: How Barry Tannenbaum conned South Africa's business elite
£26.73
Condition:
“The wraps are a little shelf rubbed. Internally, light tanning. Clean and complete. Tightly bound. ”... Read moreAbout condition
Very Good
A book that has been read and does not look new, but is in excellent condition. No obvious damage to the book cover, with the dust jacket (if applicable) included for hard covers. No missing or damaged pages, no creases or tears, no underlining or highlighting of text, and no writing in the margins. Some identifying marks on the inside cover, but this is minimal. Very little wear and tear. See the seller’s listing for full details and description of any imperfections.
- Buy it nowThe grand scam: How Barry Tannenbaum conned South Africa's business elite
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Postage:
£7.00 Standard Int'l Postage.
Located in: South Africa, South Africa
Delivery:
Estimated between Mon, 12 May and Fri, 23 May to 43230
Returns:
14 days return. Buyer pays for return postage. If you use an eBay delivery label, it will be deducted from your refund amount.
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eBay item number:186042556257
Item specifics
- Condition
- Very Good
- Seller notes
- ISBN
- 9781770226210
- Subject Area
- Organizational Sociology
- Publication Name
- The Grand Scam: How Barry Tannenbaum Conned South Africa's Business Elite
- Publisher
- Penguin Random House South Africa
- Subject
- Finance
- Publication Year
- 2013
- Type
- Textbook
- Format
- Paperback
- Language
- English
- Item Height
- 229 mm
- Item Weight
- 460 g
- Item Width
- 152 mm
- Number of Pages
- 344 Pages
About this product
Product Information
From 2005 to 2009, the heir to one of South Africa's blue-blood families methodically constructed the largest-ever con in South African history. Barry Tannenbaum, the grandson of the founder of one of the country's biggest pharmaceutical firms, Adcock Ingram, offered investors stratospheric returns of more than 200 per cent a year by investing in the components used to make AIDS drugs. It was nothing more than a lie, which suckered the country's business elite, including the former CEO of Pick n Pay, the one-time head of the Johannesburg Stock Exchange and the ex-boss of OK Bazaars. After the bubble popped in June 2009, finance minister Pravin Gordhan announced that hundreds of investors in South Africa, Australia and Europe had ploughed more than R12.5 billion into Tannenbaum's scheme, based on the empty promise of immense riches. Dwarfing the Brett Kebble rip-off, Fidentia and the Krion pyramid scheme, it proved to be the most embarrassing financial disaster in the country's history, and it exposed holes in a banking and financial system billed as one of the safest in the world. For Tannenbaum's victims, the nightmare continued after the scheme collapsed, as liquidators, tax officials and criminal investigators demanded their pound of flesh. But Tannenbaum, now at large on Australia's Gold Coast, continues to live as if nothing happened, working for an Australian insurance company. The question that hasn't been answered until now is, how did Tannenbaum swindle so many people with such ease? And, more crucially, why did he do it? Through extensive interviews with his family, friends and numerous 'investors', this book provides the startling answers to those questions. For the first time, the real motivation that fuelled South Africa's Bernie Madoff is laid bare.
Product Identifiers
Publisher
Penguin Random House South Africa
ISBN-13
9781770226210
eBay Product ID (ePID)
226829831
Product Key Features
Number of Pages
344 Pages
Language
English
Publication Name
The Grand Scam: How Barry Tannenbaum Conned South Africa's Business Elite
Publication Year
2013
Subject
Finance
Type
Textbook
Subject Area
Organizational Sociology
Format
Paperback
Dimensions
Item Height
229 mm
Item Weight
460 g
Item Width
152 mm
Additional Product Features
Country/Region of Manufacture
South Africa
Topic
True Crime
Item description from the seller
Seller business information
VAT number: ZA 4010222216
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