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	<title>CFOsnafu.com &#187; Overpayment</title>
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	<description>Some days it should be legal to keep two sets of books</description>
	<lastBuildDate>Mon, 11 Jul 2011 18:27:51 +0000</lastBuildDate>
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		<title>Empire State Building stolen by paper-pushers</title>
		<link>http://www.cfosnafu.com/empire-state-building-stolen-by-paper-pushers/</link>
		<comments>http://www.cfosnafu.com/empire-state-building-stolen-by-paper-pushers/#comments</comments>
		<pubDate>Fri, 05 Dec 2008 11:00:04 +0000</pubDate>
		<dc:creator>Shane Borer</dc:creator>
				<category><![CDATA["Would you want this person in Finance?"]]></category>
		<category><![CDATA[Auditing]]></category>
		<category><![CDATA[In this week's e-newsletter]]></category>
		<category><![CDATA[Latest news & views]]></category>
		<category><![CDATA[Whistleblowers]]></category>
		<category><![CDATA[Empire State]]></category>
		<category><![CDATA[King Kong]]></category>
		<category><![CDATA[Overpayment]]></category>
		<category><![CDATA[Paperwork]]></category>

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		<description><![CDATA[Not double-checking your paperwork could cause more than errors &#8212; it might cost your company the building it&#8217;s in. In what&#8217;s being touted as one of the biggest heists ever, the New York Daily News reportedly &#8220;stole&#8221; the Empire State Building after 90 minutes of paperwork. Reporters drew up fake documents, created a forged notary [...]]]></description>
			<content:encoded><![CDATA[<p>Not double-checking your paperwork could cause more than errors &#8212; it might cost your company the building it&#8217;s in. <span id="more-472"></span></p>
<p>In what&#8217;s being touted as one of the biggest heists ever, the New York Daily News reportedly &#8220;stole&#8221; the Empire State Building after 90 minutes of paperwork. Reporters drew up fake documents, created a forged notary stamp and successfully took over ownership of the $2 billion landmark.</p>
<p>Performed as a demonstration that the city&#8217;s clerks aren&#8217;t spending enough time verifying information, the newspaper transferred ownership of the 102-story building from Empire State Land Associated to Nelots Properties, LCC (&#8220;nelots&#8221; is &#8220;stolen&#8221; spelled backwards).</p>
<p>As if that weren&#8217;t absurd enough, reporters also used bogus names on the new deed&#8217;s paperwork. Fay Wray, star of the original &#8220;King Kong&#8221; film, was listed as a witness, and the infamous robber Willie Sutton was listed as the notary.</p>
<p>A day after the fake deed was honored, the newspaper returned the building to its rightful owners.</p>
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