I think a higher profile school probably would have raised more alarm bells.
[/quote]
Allan, I agree with flu here. I think it’s a version of the Madoff strategy. Report reasonable, consistent returns instead of huge returns that might attract more attention. So, in Danny’s case, lie… but lie about going to a lower profile school. Also, in the world of high (low?) finance that he was running in, it would probably be too likely that he’d run into an alumnus of a higher profile school from his year. Obviously I’m just speculating. Hopefully he’ll explain it all in the book.[/quote]
The speculation is the reason most of his investors were in taiwan was to avoid scrutiny here…And you’re never going to find out how much he truely swindled because some of the taiwanese who were taken won’t ever want to admit they were (something about not losing face). Imho, the cause of Danny’s downfall is that he’s too damn showy…He was very much a “look at me person here”, wanting to mix in with high society here and attracted way too much attention.
You won’t read about his memoirs….Oh, he’s going to cooporate with the law enforcement here alright..
If he’s extradited to Taiwan, I wouldn’t be surprised if he turns up in a ditch..
