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

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. Subscribe to Big Think on YouTube ► https://www.youtube.com/channel/UCvQECJukTDE2i6aCoMnS-Vg?sub_confirmation=1 Up next, Why the wrong people end up in power | Brian Klaas, Bill Eddy, & more ► https://youtu.be/4PUd8pELTg8 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. 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… ---------------------------------------------------------------------------------- Go Deeper with Big Think: ►Get Big Think+ for Business Guide, inspire and accelerate leaders at all levels of your company with the biggest minds in business. https://ift.tt/2NSUM7v ---------------------------------------------------------------------------------- About Kelly Richmond Pope: Dr. Kelly Richmond Pope is the Dr. Barry Jay Epstein Endowed Professor of Accounting at DePaul University in Chicago, IL. Pope is a nationally recognized expert in risk, forensic accounting, and white-collar crime research, and an award-winning educator, researcher, author, and award-winning documentary filmmaker. She’s the author of Fool Me Once: Scams, Stories, and Secrets from the Trillion Dollar Fraud Industry (Harvard Business Review Press, March 2023). Pope teaches managerial and forensic accounting both at the undergraduate and graduate level.