In these days of Madoff and AIG, it's nice to return to the story of Marc S. Dreier, the high-profile attorney who back in December got nailed for pretending to be other people
in commission of complicated frauds
. Now the feds have hit him with money laundering charges, and reveal that he made about $700 million on the fake promissory notes
he peddled during his masquerade, which, while it doesn't quite put him in Madoff's league, is pretty good for a guy who was at the same time running a big law firm (which after his apprehension swiftly collapsed
). There's a nice overview of Dreier's rise and fall at the National Law Journal
, including details of his various scams (like commandeering offices in which he had no legitimate business to impress and deceive his marks) and this reminiscence from a past adversary: "He was like Gatsby without the charm."