Ron McCabe, “Betrayed” (Telemachus Press, 2012)

New Books in Literature · Dec 20, 2012 · 1h

As a journalist and author I usually work in factual financial news and analysis. Recently however, I have noticed an apparent increase in books that wrap the real financial tumult of our times into a fictional novel, thereby allowing the author to make a personal statement, blend characters and events and mix real truth with fiction. Before the Barnard Madoff scandal many individuals may not have completely understood the meaning of ponzi. Simply put, in a ponzi scheme a fraud artist creates an illusion of a successful investment and pays returns to investors by using money from subsequent…