The $6 Billion Rogue
September, 1995
The $6 Billion RogueCall it Ponzi. Call it pyramid. Federal prosecutors call it ''the mother of all kiting schemes,'' a fraud six times greater than the scandal that brought down the venerable house of Baring. For his part, John McNamara, the polite, rumpled, 53-year-old Long Island car dealer who masterminded the world's largest con game, was pleading guilty as he stood before a federal district court judge in Brooklyn in September 1992.''During the period of January 1, 1985 through December 31...