More On The HPL Financial Scam

from the make-it-all-up-as-you-go-along dept

Last month we posted a story about how HPL had fired their founder/CEO after discovering he completely made up $11 million out of the $13.7 million they booked last quarter. People were absolutely amazed at such a blatant fraud. Usually financial frauds involve somehow trying to hide what you’re doing. Completely making up sales seems a bit extreme (and stupid). A month later, people are still amazed and trying to understand just what the hell he was thinking – and how he got away with it for so long.

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