Kelly Richmond Pope is the Dr. Barry Jay Epstein Endowed Professor of Forensic 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. In 2020, the AICPA and the CPA Practice Advisor named Pope among the top 25 most powerful women in accounting.
Below, Kelly shares 5 key insights from her new book, Fool Me Once: Scams, Stories, and Secrets from the Trillion Dollar Fraud Industry. Listen to the audio version—read by Kelly herself—in the Next Big Idea App.
Audio Player
This may be a controversial statement, but it is very true. You may be saying to yourself that you would never steal anything, but let’s investigate this topic a little deeper. Do you know someone that plans a family member’s birthday or vacation during work hours? Or better yet, you may use the office copy machine to photocopy the invitations. Harmless right? But if everyone did it, this could get very expensive for the company. As minor as it seems, this is an example of expense fraud. In the U.S., expense fraud costs companies $1 billion per year. Really the only way we can stop it is to employ strong prevention and detection strategies to keep organizations safe. Too many of us can rationalize why it’s ok to make those copies, or claim some personal expenses as...
Secretary-General says Tehran’s claims are provocative and threaten regional stability Abu Dhabi: Gulf Cooperation Council (GCC) Secretary-General Jassim Mohammed Al Budaiwi has strongly condemned ...