Revision as of 22:30, 4 August 2024

Glossary | People | William K. Black

William K. Black is a law professor, criminologist, and former financial regulator.

Term	Definition	Example	References
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 |definition=When people who control (i.e. the CEO) a seemingly legitimate entity use it as a weapon to defraud.
 |example=The S&L crisis was perpetuated by an epidemic of control fraud, whereby CEOs defeated and suborned internal and external controls to fraudulently report record profits and increase their personal wealth.
-|references=William K. Black, The Best Way to Rob a Bank is to Own One, 2005.
+|references=William K. Black, The Best Way to Rob a Bank is to Own One, 2005. |-
 |-
 |term=S&L