Fictional Banking Crimes with Ties to Gangsters

Kenneth Funderburk June 28, 2018

From top executives to culprits—banking crimes and frauds history revisited

banking crimes

In the fictional world created by Kenneth L. Funderburk, Boston Capital World Bank Company (BCWB) is a large Boston-based investment bank. Three of its upper-echelon officers are Gilman Loeb, Larry Moses, and David Richburg.

While Gilman is BCWB’s chief operating officer, David is the chief compliance officer, and Larry handled the investment operations department. All these three bankers are on the board’s executive committee and are thus involved in the bank’s world operations. By leveraging their lofty positions, these men are the ideal candidates to execute banking crimes. Interestingly, these three men form the investment side of the Sinaloa Cartel.

In the world of banking crimes and frauds, this triumvirate gave the Sinaloa Cartel a powerful investment wing. The number 1 man Gilman (also known as Sam to ensure real names were never used to trace things back to him), together with his accomplices, knew the importance of following a set procedure. It was this procedure that created an impenetrable firewall between the business’s banking, operations, and enforcement sides, which in turn kept the legal aspects separated from the side of the cartel that dealt with money laundering and other online banking crimes. From deciding which money was best for laundering to specific transactions made to stay untouched, extreme discipline was the code followed by all parties involved to insure Sinaloa’s dominance in the world of banking crimes.

With a friendly round face that always sported a smile, Gilman was a tactful man who could disarm even his worst enemy. Though David was known for his temper and was a reformed, nonpracticing Jew, he—together with Larry and his business acumen—successfully forged a partnership that very few could imagine.

With several parties having access to billions of dollars that were ripe for the picking, the Boston triad made sure their greed and careful planning were in sync to carry on with their banking fraud, financial crime, and money laundering activities without drawing any unwanted attention. What makes Funderburk’s fictional world so intriguing is how two completely opposite sides coexist so beautifully—the scheming Boston triad on one hand and the lofty altruism showed by BCWB on the other. In fact, the author mentions at one place that even Mother Teresa’s good work couldn’t compare to BCWB’s and the almost saintlike stature attributed to its officers at the helm.


What do you think of this infamous Boston trio? Share your ideas and thoughts in the comments section below. Find me on Facebook, Twitter, and Goodreads and join the community. Don’t forget to check my books The Fish House Gang and Medusa’s Lair to understand the roles these three Boston bankers have.

Leave a Reply

Your email address will not be published. Required fields are marked *