Bloomberg Businessweek US Magazine - July 05 - 12, 2021 (Double Issue)
Bloomberg Businessweek US Magazine - July 05 - 12, 2021 (Double Issue)
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In this issue
The pandemic has been a boon to scammers.
You’ll find those stories here, plus heists that will thrill, enrage, and entertain you.
DRINK YOUR BLEACH
A “miracle cure” sickened people around the world—while building up one family’s bankbook.
HUSHPUPPI, WE HARDLY KNEW YE
Ray Abbas’s influencer life was the envy of millions. The FBI says a simple con paid for it..
GREAT ARTISTS STEAL
Certain things are expected in a good heist show—and the Netflix hit Lupin does those things with style. It also has an extra je ne sais quoi, in the person of French star Omar Sy
10+ mins
THE CHURCH OF BLEACH
Mark Grenon and his sons earned a small fortune selling a “miracle” tonic made with chlorine dioxide and labeled a religious sacrament. Then a SWAT team came calling
10+ mins
HOW TO KNOCK OFF A BILLION-DOLLAR BRAND AND GET AWAY WITH IT (FOR A WHILE)
At the January 2016 Pitti Uomo, the twice-yearly trade fair in Florence, Italy, where trendspotters soak up the latest in men’s fashion from around the globe, a crew of young people paraded through the 16th century Fortezza da Basso to promote sweatshirts and caps with the word “Supreme” in bold white Futura font on a bright red background.
4 mins
WHERE DID MARCOS HIDE HIS MONEY?
Almost 30 years ago, a court ruled that victims of the Ferdinand Marcos regime should be compensated from a stolen fortune estimated to be worth up to $10 billion. The funds were very well-stashed
10+ mins
THE XBOX CHEAT
Microsoft operates a sort of digital bank, which handles millions, if not billions, of dollars each year. One of the company’s junior engineers figured out how to rob it
10+ mins
THE FALL OF THE BILLIONAIRE GUCCI MASTER
To millions of fans, Ramon Abbas was a self-made influencer synonymous with luxury. To the FBI, he was the man behind scams hoping to net hundreds of millions of dollars
10+ mins
DON'T SUE ME LIKE THAT
The story of a small-time rock photographer who became a big-time copyright troll
2 mins
THE ‘JUICE MAN' AND THE JOCKEY CLUB
After a rash of suspicious wins, investigators started to probe horse racing. Eventually, 29 people would be indicted in a multimillion-dollar scheme to defraud bettors
10+ mins
Bloomberg Businessweek US Magazine Description:
Publisher: Bloomberg LP
Category: Business
Language: English
Frequency: Fortnightly
Bloomberg Businessweek delivers the business information you need: surprising and timely perspectives on the most important issues of today and unique stories you won’t find anywhere else. With Bloomberg Businessweek you'll have the insights you need to take advantage of the new reality and thrive in today's complex global economy.
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