TED Radio Hour

The Age of Fraud

27 snips
Jul 28, 2023
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INSIGHT

Fraud is Common

  • Crundwell's case, while extreme, highlights a common issue: fraud is widespread and comes in different forms.
  • Many smaller frauds occur regularly, often going unnoticed.
INSIGHT

Types of Perpetrators

  • Perpetrators aren't always driven by greed; motivations vary.
  • Pope identifies three types: intentional, accidental, and righteous.
ANECDOTE

Pandemic Fraud

  • The pandemic and relaxed PPP loan rules led to an increase in first-time fraud offenders.
  • People exploited loopholes, believing they wouldn't get caught.
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