Friday, October 22, 2010

The Tearing Down of A Ponzi Scheme

By Michelle D Castillo
In Miles Away Worlds Apart, Alan Sakowitz does an excellent job in putting a face to the terrible and unbelievable financial exploits of Scott Rothstein, who was running a larger than life ponzi scheme in Florida.

Mr. Sakowitz give a very detailed account of his role in bringing down a well respected man in the community. As his story unfolds we follow him as he battles his own demons and decides to do the right thing and help the authorities bring this horrible man to justice.

The author shares how in by bringing this scheme to the public's attention, he faced challenges and danger in his own personal life. But while dealing with all that was going on, he was reminded that there are still good people out there willing to help and stand beside someone who is doing the right thing.

This book reads like a work of fiction, and ranks among authors like John Grisham, in bringing a world of intrigue and deceit to life. It is all the more relevant now that we are in the financial crisis we are currently experiencing. I wouldn't have thought that it was possible to continue in pulling these horrible ponzi schemes after what we have witnessed recently, but this book proves that there are still people out there living like kings by taking money from people who can hardly afford to lose it.

I think that anyone who is involved in the business of finance should be required to read this story of how one brave man had the strength and morals to fight this fight. I commend him and respect his commitment to do the right thing.

Alan Sakowitz is the author of the compelling book Miles Away... Worlds Apart: Empowering Lessons Gleaned From Experiences of a Whistleblower

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