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.