Toby Groves is a fraudster turned researcher, having served time for mortgage fraud in income tax fraud committed while running Groves Funding Corporation. He was sentenced to two years in federal prison, and it was in prison that he began researching the psychology behind white collar criminals.
Earlier this year, Toby posted a five part article about his research and his findings. You can read the series here: Part I, Part II, Part III, Part IV, Part V. Most interesting to me was that overwhelmingly, the men doing time in prison for financial crimes considered themselves ethical people, and they didn’t even consider the possibility of going to prison. (In 2008, I wrote that I didn’t think that extended prison sentences for white collar crimes would have a significant deterrent effect. Maybe I was right?)
Mr. Groves is currently working on a documentary called “Viral Ethics,” which is scheduled to be released in 2013. I’m looking forward to continued research and blog postings from him.
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