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Fraudsters Unveiled: Inside the Minds of Intentional, Righteous, and Accidental Perpetrators | Kelly Richmond-Pope

Fraudsters Unveiled: Inside the Minds of Intentional, Righteous, and Accidental Perpetrators | Kelly Richmond-Pope

FromThe James Altucher Show


Fraudsters Unveiled: Inside the Minds of Intentional, Righteous, and Accidental Perpetrators | Kelly Richmond-Pope

FromThe James Altucher Show

ratings:
Length:
64 minutes
Released:
Mar 14, 2023
Format:
Podcast episode

Description

Today, James welcomes Kelly Richmond-Pope, a forensic accountant and professor at DePaul University, to discuss her new book Fool Me Once: Scams, Stories, and Secrets from the Trillion-Dollar Fraud Industry.The book explores the world of financial fraud and provides insights into how fraudsters operate, the damage they cause, and the techniques used to catch them. James and Kelly dive into some examples from the book to examine the three types of financial fraudsters: Intentional Perpetrators, Righteous Perpetrators, and Accidental Perpetrators.Intentional Perpetrators are those who knowingly commit fraud for personal gain. Kelly shares some fascinating stories about individuals who engaged in elaborate schemes to defraud others, including the city comptroller of Dixon, IL (population: 16,000) who embezzled over $53.7m from the town's coffers.Righteous Perpetrators, on the other hand, believe that they are acting in the best interest of others when they commit fraud. Kelly provides examples of individuals who embezzled funds from their companies to support their personal causes, such as a woman who stole money from her slumlord boss to benefit her community.Lastly, Accidental Perpetrators are those who unknowingly commit fraud. Kelly discusses cases where people unintentionally misrepresent their financial statements or fail to report income accurately, resulting in unintentional fraud.Throughout the episode, James and Kelly also explore some of the broader issues surrounding financial fraud, and the importance of education in preventing fraud.  Don't miss this captivating episode if you're curious about the fascinating world of finance, fraud, and forensics. Kelly Richmond Pope's WebsiteFool Me Once: Scams, Stories, and Secrets from the Trillion-Dollar Fraud IndustryWatch her documentary All the Queen's Horses on Prime Video------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book Skip the Line is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe  to “The James Altucher Show” wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook
Released:
Mar 14, 2023
Format:
Podcast episode

Titles in the series (100)

James Altucher interviews the world’s leading peak performers in every area of life. But instead of giving you the typical success story, James digs deeper to find the “Choose Yourself” story—these are the moments we relate to… when someone rises up from personal struggle to reinvent themselves. The James Altucher Show brings you into the lives of peak-performers: billionaires, best-selling authors, rappers, astronauts, athletes, comedians, actors, and the world champions in every field, all who forged their own paths, found financial freedom and harnessed the power to create more meaningful and fulfilling lives.