Archive - Business Blunders

The Golden Age Of Grift

Americans finally agree on at least one thing: Our politicians are ripping us off while an affordability crisis rages.

Oct 24 • Al Lewis

Tiptoe Through The Escrow

A New York attorney loaned $336 million in client funds to a 33-year-old apartment investor. Now Flagstar Bank is getting dragged into an alleged Ponzi…

Oct 22 • Al Lewis

Suicide Is Not Painless

Executives, entrepreneurs and investors who died by suicide amid business failures, financial losses and corporate scandals. And a reminder that no…

Oct 19 • Al Lewis

The Great American Rinse Cycle

When Chinese money-laundering networks need a bank, where else would they turn but Bank of America?

Oct 17 • Al Lewis

Pharma Bro Can’t Help Himself

Martin Shkreli went to prison. He was also banned from the pharmaceutical industry for life. Regulators say he keeps coming back for another dose.

Oct 14 • Al Lewis

Desperately Seeking Diesel

When Trump runs low on fuel, it’s ‘Fill ’er up, Vladimir’

Oct 10 • Al Lewis

100 Quadrillion Japanese Dogs

Kishu Inu founder Alexander Sisemore allegedly bagged $9 million in a crypto ‘rug pull,’ dumping his secret stash of the meme coins on investors. Will…

Oct 9 • Al Lewis

If the Shoe Doesn’t Fit … Nike Can Wear It

What a tech CEO didn’t know: People like to try on shoes before they buy them.

Oct 3 • Al Lewis

September 2026

The Fake Andy Warhols

The art was fake. The provenance was fake. Even the email address was fake. Now the dealer is missing.

Sep 26 • Al Lewis

Florida Man Takes Cops for a Ride

It takes a lot of balls to rip off police. Pension administrator employee Michael D. Williams settles civil fraud charges without admitting or denying…

Sep 25 • Al Lewis

The granddaddy of multilevel marketing gets stuck with a record $225 million settlement as regulators finally crack down on Amway.

Sep 19 • Al Lewis

Catch And Release

Kevin Kolenda kept getting caught selling bogus prize insurance. He never stopped casting for suckers.

Sep 17 • Al Lewis

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts