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The grand scam: How Barry Tannenbaum conned South Africa's business elite

GBP 26.73
ApproximatelyC $49.58
Condition:
Very Good
The wraps are a little shelf rubbed. Internally, light tanning. Clean and complete. Tightly bound. ... Read moreabout condition
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Located in: South Africa, South Africa
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Estimated between Wed, May 14 and Wed, May 28 to 43230
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eBay item number:186042556257
Last updated on Jan 30, 2025 02:40:52 ESTView all revisionsView all revisions

Item specifics

Condition
Very Good
A book that does not look new and has been read but is in excellent condition. No obvious damage to the cover, with the dust jacket (if applicable) included for hard covers. No missing or damaged pages, no creases or tears, and no underlining/highlighting of text or writing in the margins. May be very minimal identifying marks on the inside cover. Very minimal wear and tear. See the seller’s listing for full details and description of any imperfections. See all condition definitionsopens in a new window or tab
Seller Notes
“The wraps are a little shelf rubbed. Internally, light tanning. Clean and complete. Tightly bound. ...
ISBN
9781770226210

About this product

Product Information

From 2005 to 2009, the heir to one of South Africa's blue-blood families methodically constructed the largest-ever con in South African history. Barry Tannenbaum, the grandson of the founder of one of the country's biggest pharmaceutical firms, Adcock Ingram, offered investors stratospheric returns of more than 200 per cent a year by investing in the components used to make AIDS drugs. It was nothing more than a lie, which suckered the country's business elite, including the former CEO of Pick n Pay, the one-time head of the Johannesburg Stock Exchange and the ex-boss of OK Bazaars. After the bubble popped in June 2009, finance minister Pravin Gordhan announced that hundreds of investors in South Africa, Australia and Europe had ploughed more than R12.5 billion into Tannenbaum's scheme, based on the empty promise of immense riches. Dwarfing the Brett Kebble rip-off, Fidentia and the Krion pyramid scheme, it proved to be the most embarrassing financial disaster in the country's history, and it exposed holes in a banking and financial system billed as one of the safest in the world. For Tannenbaum's victims, the nightmare continued after the scheme collapsed, as liquidators, tax officials and criminal investigators demanded their pound of flesh. But Tannenbaum, now at large on Australia's Gold Coast, continues to live as if nothing happened, working for an Australian insurance company. The question that hasn't been answered until now is, how did Tannenbaum swindle so many people with such ease? And, more crucially, why did he do it? Through extensive interviews with his family, friends and numerous 'investors', this book provides the startling answers to those questions. For the first time, the real motivation that fuelled South Africa's Bernie Madoff is laid bare.

Product Identifiers

Publisher
Penguin Random House South Africa
ISBN-13
9781770226210
eBay Product ID (ePID)
226829831

Product Key Features

Number of Pages
344 Pages
Language
English
Publication Name
The Grand Scam: How Barry Tannenbaum Conned South Africa's Business Elite
Publication Year
2013
Subject
Finance
Type
Textbook
Author
Rob Rose
Subject Area
Organizational Sociology
Format
Paperback

Dimensions

Item Height
229 mm
Item Weight
460 g
Item Width
152 mm

Additional Product Features

Country/Region of Manufacture
South Africa
Title_Author
Rob Rose
Topic
True Crime

Item description from the seller

Seller business information

VAT number: ZA 4010222216
About this seller

Chapter 1

100% positive feedback4.9K items sold

Joined Jun 2015
Chapter 1 trades out of four premises that are all in the Johannesburg area. Our emphasis is providing quality books at highly competitive prices. A large (and continuously growing) selection of our ...
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Detailed seller ratings

Average for the last 12 months
Accurate description
5.0
Reasonable shipping cost
4.9
Shipping speed
5.0
Communication
5.0

Seller feedback (2,037)

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  • a***o (684)- Feedback left by buyer.
    Past 6 months
    Verified purchase
    Excellent condition for its age (better than the picture)! Very good pricing. Delivery time was amazing- 3 days through Fed Express. I was worried Fed Express package would not prevent book from getting wet today, but I was wrong. Very, very well packaged. Inside the envelope it was in a cardboard container and inside that it was wrapped in plastic. Book is perfect. Very happy and would not hesitate to buy from her again.
  • m***- (140)- Feedback left by buyer.
    Past 6 months
    Verified purchase
    Good postage cost. Well packaged. Item better than described. Great value. A cracking seller. Will be using again.
  • m***4 (31)- Feedback left by buyer.
    Past year
    Verified purchase
    What lovely personal service. I received an email to let me know the book was on its way. Book was in excellent second hand condition. Just as described. It was packed well with tissue paper as inner wrapping to add additional protection. I was impressed with the care taken to deliver this book to me . Definitely a 'with love service' from South Africa . 5* service . I would have no hesitation in using this seller again.