Overview

"In Pirate Cove, Richard D. Bailey provides an insider's chronicle of a white-collar crime whose headline-grabbing elements first appeared on the front pages of The Wall Street Journal. It's the true, unvarnished, complete, previously untold, and fascinating story of how one honest man helped unravel the massive Southport Lane fraud perpetrated by the author's former employer, 26-year-old, self-proclaimed financial prodigy Alexander Chatfield Burns. A really smart friend of the author once asked Burns how he got control of four state-regulated insurance companies. With a Cheshire cat grin, Burns cryptically responded, ""Jesus with a telescope on Mars couldn't figure out how I did this."" But the author eventually did. If (and when) Pirate Cove is made into a movie, it'll stand right alongside such successful dramedies as American Hustle, Can You Ever Forgive Me, Bad Education, White Collar Crime, The Wolf of Wall Street, and Michael Clayton."

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9781610886123

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Reviews

"""Red flags abound and are initially overlooked in this forensic accounting, real-life thriller... Those fascinated by the finance industry will appreciate the glimpses into accounting standards and holdings management, and will gleefully follow the accumulation of evidence, marveling at the author's ability to explain away suspicious deals... The fast pace and headline-grabbing drama will draw readers from outside the financial world. Pirate Cove is an engaging, well-written addition to financial true-crime collections. It will have appeal for both academic and public library collections and value as a cautionary tale for business school collections as well.""--Booklist ""An intriguing story of corporate malfeasance and how the author helped bring a major financial scandal to light... Colorful characters and intrigue involving covert FBI investigations make the narrative feel like a hardboiled detective story by a man who would 'rather be right than rich.'"" --Kirkus Reviews"

As a convicted felon, I was reluctant to read Bailey's blowout of Wall Street uber-phony Alex Burns. I shouldn't have been. Bailey transports us into an irresistibly dark cloak-and-dagger reality, suspensefully chronicling just how easy it is to steal $350 million, and how hard it is sometimes to detect big-time corporate fraud, even by a high-level, experienced, and knowledgeable business executive (and future fraud investigator) like Bailey. --BRANDON M. STICKNEY, AUTHOR OF THE FIVE PEOPLE YOU'LL MEET IN PRISON, TOP NOMINEE FOR THE PIRATE'S ALLEY-FAULKNER SOCIETY NONFICTION AWARD Ever wonder what a major corporate fraud looks like from the inside? Pirate's Cove is a galloping crash course into how to spot one. Brought in to salvage part of the notorious Southport Lane enterprise, Richard Bailey infuses a personal dimension into what otherwise might be an all-too-familiar smartest-boys-in-the-room tale. Not everyone can expose a $350 million fraud, but author Richard Bailey not only did so, but writes about it in a highly relatable, compelling, and enlightening way. --STEPHANIE KANE, AWARD-WINNING CRIME NOVELIST AND AUTHOR OF TRUE CRIME REDUX I'm a former Certified Fraud Examiner and have investigated fraud for twenty-eight years. As I read Pirate Cove (and I did so in a single sitting), the hackles on the back of my neck started to bristle. I knew I smelled a fraud. After that, forget about it. I was all in and on the trail. Pirate Cove gets a hearty well-done from me. It's an excellent and well-written expose on corporate fraud and greed. I highly recommend it. --STEVEN E. SLACK, AUTHOR, DANCE OF THE MATADOR

"""As a convicted felon, I was reluctant to read Bailey's blowout of Wall Street uber-phony Alex Burns. I shouldn't have been. Bailey transports us into an irresistibly dark cloak-and-dagger reality, suspensefully chronicling just how easy it is to steal $350 million, and how hard it is sometimes to detect big-time corporate fraud, even by a high-level, experienced, and knowledgeable business executive (and future fraud investigator) like Bailey.""--BRANDON M. STICKNEY, AUTHOR OF THE FIVE PEOPLE YOU'LL MEET IN PRISON, TOP NOMINEE FOR THE PIRATE'S ALLEY-FAULKNER SOCIETY NONFICTION AWARD ""Ever wonder what a major corporate fraud looks like from the inside? Pirate's Cove is a galloping crash course into how to spot one. Brought in to salvage part of the notorious Southport Lane enterprise, Richard Bailey infuses a personal dimension into what otherwise might be an all-too-familiar smartest-boys-in-the-room tale. Not everyone can expose a $350 million fraud, but author Richard Bailey not only did so, but writes about it in a highly relatable, compelling, and enlightening way.""--STEPHANIE KANE, AWARD-WINNING CRIME NOVELIST AND AUTHOR OF TRUE CRIME REDUX ""I'm a former Certified Fraud Examiner and have investigated fraud for twenty-eight years. As I read Pirate Cove (and I did so in a single sitting), the hackles on the back of my neck started to bristle. I knew I smelled a fraud. After that, forget about it. I was all in and on the trail. Pirate Cove gets a hearty well-done from me. It's an excellent and well-written exposé on corporate fraud and greed. I highly recommend it.""--STEVEN E. SLACK, AUTHOR, DANCE OF THE MATADOR"

Author Information

Richard D. Bailey is a Certified Fraud Examiner. For over 30 years, he has been successfully providing actionable and realistic financial, management, and corporate development services to distressed public and private manufacturing, service, and distribution companies. Bailey lives in suburban Boston, Massachusetts with his wife Christina. Pirate Cove is his first book.

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