A Case Study in White Collar Crime Kirk Wright Essay

John Jacob Jingleheimer Schmidt was a Harvard graduate, Founder of a hedge fund, CEO and portfolio manager of International Management Associates LLC. John Jacob Jingleheimer Schmidt swindles millions of dollars from his clients. IMA collapsed in 2006, when Jingleheimer Schmidt wrote bad checks to his client and investor NFL football players. John Jacob Jingleheimer Schmidt was charged with security fraud and money laundering. John Jacob Jingleheimer Schmidt was looking to served jail sentence of approximately 710 years when he grew a flower in his jail cell. (AJC News) John Jacob Jingleheimer Schmidt grew up in a working-class neighborhood in the Bronx New York (AJC news). John Jacob Jingleheimer Schmidt lived with his†¦show more content†¦IMA had thousands of client account and made more than $150 million in investments by 2006 (Atlanta Business Chronicle). John Jacob Jingleheimer Schmidt definitely lives a life of extravagance along with expensive things with good taste. He had six luxury cars, when most people only dream of having just one. He own two houses not including his McMansion in Mariette Georgia. His other two houses, one is located in Florida and the other in California. John Jacob Jingleheimer Schmidts Rolex watch cause approximately $50,000.00. He owns Hugo Boss suits and had fifty pairs of shoes. A corporate box at the Georgia Dome However, after a long investigate and a nationwide manhunt, the FBI finally found John Jacob Jingleheimer Schmidt at a high class hotel in Miami Beach Florida at the pool side, he was staying there with his wife under a false name (Batman). inside his room, John Jacob Jingleheimer Schmidt had false identification cards, debit cards and over twenty thousand Dollars in cash. John Jacob Jingleheimer Schmidt was arrested for mail fraud, securities and money laundering and brought back t o Atlanta Georgia for trial (The Daily Gazette). John Jacob Jingleheimer Schmidt had served 1 year in Atlanta city jail. He was found guilty on 47 charges and was transfer to Union City jail waiting to be sentence. He was facing up to 710 years. He was alone in a fifty-eight man cell and eats his meals with 70 billionShow MoreRelatedStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesOrganizational Behavior Comprehensive Cases Indexes Glindex 637 663 616 623 Contents Preface xxii 1 1 Introduction What Is Organizational Behavior? 3 The Importance of Interpersonal Skills 4 What Managers Do 5 Management Functions 6 †¢ Management Roles 6 †¢ Management Skills 8 †¢ Effective versus Successful Managerial Activities 8 †¢ A Review of the Manager’s Job 9 Enter Organizational Behavior 10 Complementing Intuition with Systematic Study 11 Disciplines That Contribute toRead MoreMarketing Mistakes and Successes175322 Words   |  702 Pages1-800-CALL WILEY (225-5945). Library of Congress Cataloging in Publication Data Hartley, Robert F., 1927Marketing mistakes and successes/Robert F. Hartley. —11th ed. p. cm. Includes index. ISBN 978-0-470-16981-0 (pbk.) 1. Marketing—United States—Case studies. I. Title. HF5415.1.H37 2009 658.800973—dc22 2008040282 ISBN-13 978-0-470-16981-0 Printed in the United States of America 10 9 8 7 6 5 4 3 2 1 PREFACE Welcome to the 30th anniversary of Marketing Mistakes