Post by Blake Oliver, CPA
Host of The Accounting Podcast, The Most Popular Podcast for Accountants | Creator of Earmark Where Accountants Earn Free CPE Anytime, Anywhere
In 1982, "God’s Banker" was found hanging under a London bridge with bricks in his pockets, just as $1.3 billion vanished into thin air. It sounds like a Hollywood thriller, but it’s actually one of history's sharpest lessons in what happens when we let a sterling reputation replace real financial verification. Here is how institutional prestige becomes the ultimate camouflage for fraud, and why "trust" is never a substitute for internal controls.