Meet the 3 kinds of people who are stealing your money | Kelly Richmond Pope

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Fraud is a $5 trillion “industry.” But not all its perpetrators look alike. Kelly Richmond Pope, a professor of accounting, breaks down who commits fraud — and why. When we think of someone who commits fraud, we think of people like Bernie Madoff or companies like Enron: intentional perpetrators of financial crimes. But other kinds of people commit fraud, too. Accounting professor Kelly Richmond Pope explains who else falls prey to the "fraud triangle", and they might be even scarier than the big bads. -------------------------------------------------------------------------------------------------------------------------------------------------------- Chapters: 0:00 How does fraud happen? 1:00 Meet Kelly Richmond Pope 1:28 The Fraud Triangle 2:18 Three types of fraudsters 2:26 Intentional perpetrators 3:50 Righteous perpetrators 4:20 Accidental perpetrators 5:56 And then there's Wells Fargo… ------------------------------------------------------------------------------------------------------------------------------------------------------ Listen To This Next: Adam Grant's #1 phrase to unlock potential The science of super longevity Beat anxiety with the most addictive experience on Earth Go Deeper with Big Think: ►Become a Big Think Member Get exclusive access to full interviews, early access to new releases, Big Think merch and more ►Get Big Think+ for Business Guide, inspire and accelerate leaders at all levels of your company with the biggest minds in business -------------------------------------------------------------------------------------------------------------------------------------------------------- About Big Think | Smarter Faster™ ► Big Think The leading source of expert-driven, educational content. With thousands of videos, featuring experts ranging from Bill Clinton to Bill Nye, Big Think helps you get smarter, faster by exploring the big ideas and core skills that define knowledge in the 21st century. Get Smarter, Faster.... With Episodes From The Worlds Biggest Thinkers. Follow The Podcast And Turn On The Notifications!! Share This Episode If You Found It Valuable Leave A 5 Star Review Learn more about your ad choices. Visit megaphone.fm/adchoices