Scambuster Inc.

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These days, when he isn't preaching or scam busting, Minkow delivers speeches on fraud to corporate officers, insurance companies, accountants and law-enforcement groups, often appearing in a bright orange prison jump suit. At Quantico, as his 150 student FBI agents scribbled notes, he walked through Fraud 101, explaining the psychology of the scam. "A lot of con men just want to please everyone," he says. He stresses that in a successful con game, appearances are everything. "After all," says Minkow, "fraud is nothing more than the skin of the truth stuffed with a lie." Spoken by the master himself. ???