Rita Crunwell was a city employee who lived an extraordinarily lavish lifestyle. Her colleagues didn't notice where she had a horse farm and was using city funds to disperse into these private accounts that she was using for more than a decade. She's the first high ranking Wells Fargo executive to be criminally charged. And I don't believe we have found the mastermind behind the Wells Fargo scandal.
Even if there are not many obvious warning signs, a gut feeling can tell you when something seems amiss.
Kelly Richmond Pope is the Dr. Barry Jay Epstein Endowed Professor of Forensic Accounting at DePaul University and the author of the book “Fool Me Once: Scams, Stories, and Secrets from the Trillion-Dollar Fraud Industry.” Pope joined Ricky Mulvey to discuss: - How to talk to aging relatives about fraud - What your “gut feeling” can tell you about potential scams - What generative AI means for the future of fraud
Company discussed: WFC
Host: Ricky Mulvey Guest: Kelly Richmond Pope Engineers: Dan Boyd, Rick Engdahl
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