TED Radio Hour

The Age of Fraud

27 snips
Jul 28, 2023
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ANECDOTE

Rita Crundwell's Scheme

  • Rita Crundwell embezzled $53.7 million from Dixon, Illinois, over 20 years.
  • She flaunted her wealth, breeding champion horses, making people believe she had inherited money.
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.
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