The Greatest Financial Fraud in History
Marcos Lopez de Prado, Chief Executive Officer at TRUE POSITIVE TECHNOLOGIES
Wednesday, April 25, 2018
As a result of promoting false strategies, every year financial firms defraud investors for tens of billions of dollars. In this article we examine why false positives are so prevalent in finance, why researchers fail (in many cases purposely) to detect them, and why firms are able to monetize their scheme.