Organizer
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NAFER
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Phone
888-778-5933 -
Email
naferstaff@nafer.org -
Website
http://nafer.org
Other Organizers
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East West Bank
Speaker
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Mark Morze
Regional Education Series – Los Angeles
Join your NAFER colleagues as we go “Inside the Mind of a Ponzi Schemer” during an interview with Mark Morze. We will have an in-depth discussion with Mark regarding the set up of a carpet cleaning business that turned into a $200 million Wall Street company, and the aftermath that followed.
Mark Morze spent over 4 years in federal prison for stealing $100 million in the most infamous fraud of the 1980s – ZZZZ Best Carpet Cleaning. The financial community was rocked when it was uncovered that $43 out of $50 million in ZZZZ Best revenue was fake. Morze created 10,000+ phony documents and fashioned 4 or 5 fake annual tax returns for use in meeting bank’s lending requirements.