Motley Fool Money

Scams, Secrets, and the Future of Fraud

Mar 26, 2023

Kelly Richmond Pope, Dr. Barry Jay Epstein Endowed Professor of Forensic Accounting at DePaul University, shares her expertise on fraud. She discusses how to protect aging relatives from financial scams and the importance of trusting your gut feelings about suspicious activities. The conversation dives into how generative AI is changing the landscape of fraud, highlighting its increased sophistication. Plus, listeners learn about the emotional impact of fraud and the critical role of open communication in safeguarding loved ones.

32:24

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Episode guests

Kelly Richmond Pope

AI Chapters

Episode notes

Intro

2min

Navigating Financial Fraud: Protecting Our Elders

11min

Unraveling Financial Statement Fraud

4min

Whistleblowers: Accountability and Integrity

9min

The Evolution of Fraud in the Age of AI

2min

Exploring the Mechanics of Romance Scams and Psychological Manipulation

4min

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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Motley Fool Money

Scams, Secrets, and the Future of Fraud

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