Not Every Fraudster Works On Wall Street

I was just passing by Wikipedia on the way to bed tonight when I saw this on the front page:

The 2009 Enten investor fraud was revealed on 5 February 2009 when Kazutsugi Nami, the chairperson of Tokyo's bedding supplier Ladies & Gentlemen (L&G), was arrested by Japanese police. Nami and 21 other executives are accused of defrauding hundreds of thousands of investors of at least US$1.4 billion (1.27 billion Yen) over the past eight years. The case involves the invention of a fictional currency, "Enten", which Nami used to fool investors. It is believed to be the biggest investment scam in Japanese history.[emphasis added]

Maybe "Step Two" is invent currency? The full current event article is here.