The Jordan Harbinger Show 876: Kelly Richmond Pope | How Fraud Became a Trillion-Dollar Industry
Aug 10, 2023
Kelly Richmond Pope, an expert on fraud and author of "Fool Me Once," dives into the complexities of a trillion-dollar industry. She discusses the psychology behind fraud and the 'fraud triangle' that reveals motivations beyond greed. Pope shares insights on different types of fraudsters and why such behavior is rising today. She emphasizes prevention strategies for individuals and businesses, including recognizing warning signs. With eye-opening examples, she sheds light on the moral ambiguities that can lead to ethical breaches.
AI Snips
Chapters
Books
Transcript
Episode notes
Due Process vs. Public Opinion
- Kelly Richmond Pope's father, a university chancellor, insisted on due process for an employee accused of embezzlement.
- He resigned amidst public pressure, highlighting the complexities of fraud.
Accidental Perpetrators
- Accidental perpetrators, the largest fraudster category, often follow orders without personal gain.
- They may unknowingly participate in fraud by simply trusting and signing documents.
The Queen's Horses
- Kelly Richmond Pope's documentary, "All the Queen's Horses," features Rita Crundwell, who embezzled $53.7 million.
- Crundwell, an intentional perpetrator, exploited her position and spent the money on horses.
