Case Study $1$

May $13,1988,$ a Friday that will be remembered by a major Chicago bank. Embezzlers

nearly escaped with $$69$ million! Arnand Moore, who was released after serving four

years of his $11-$year sentence for a $$180,000$ fraud, decided it was time to put his

fingers in something a little bigger and better. He instigated a $$68\mathrm{.}7$ million fraud plan.

Naming himself as "Chairman," he assembled Herschel Bailey, Otis Wilson, Neal

Jackson, Leonard Strickland, and Ronald Carson to complete the formation of his

"board." Most importantly, the "board" was able to convince an employee of the

Chicago bank to provide their $"$in$."$ The caper required one month of planning in a

small hotel in Chicago and took all of $64$ minutes to complete.