Book

Fool Me Once: Scams, Stories, and Secrets from the Trillion-Dollar Fraud Industry

2023

Synopsis

Have you ever wondered why Bernie Madoff thought he could brazenly steal his clients' money? Or why investors were so easily duped by Elizabeth Holmes? Or how courageous people like Jeffrey Wigand are willing to become whistleblowers and put their careers on the line?

Fraud is everywhere, from Nigerian "princes," embezzlers, and Ponzi schemers to corporate giants like Enron and Volkswagen. And fraud is costly. Each year, consumers, small businesses, governments, and corporations lose trillions of dollars to financial crime.

We're so accustomed to hearing about fraud that our abilities to identify it and speak about it are limited.

No more. In Fool Me Once, renowned forensic accounting expert Kelly Richmond Pope shows fraud in action, uncovering what makes perps tick, victims so gullible, and whistleblowers so morally righteous, while also encouraging us to look at our own behaviors and motivations in the hope of protecting ourselves and our companies.

By the time you finish this book, you'll have a better understanding of—and perhaps even compassion for—perpetrators, a renewed connection to victims, and an appreciation for those who blow the whistle.

Filled with fascinating stories and insightful analysis, Fool Me Once will open your eyes and challenge your thinking. It will inspire you to question your own preconceived notions about fraud. It will challenge your beliefs about yourself and other people. And it will help you understand a phenomenon that most of us fail to grasp—until it's too late.

Suggested Reading

Nobody's Fool: Why We Get Taken In and What We Can Do about It

From phishing scams to Ponzi schemes, fraudulent science to fake art, chess cheaters to crypto hucksters, and marketers to magicians, our world brims with deception. In Nobody’s Fool, psychologists Daniel Simons and Christopher Chabris show us how to avoid being taken in. They describe the key habit...

Betrayal: The Life and Lies of Bernie Madoff

This is the story of the greatest con in financial history-it has commanded the attention of the entire world from the day the news broke on December 11, 2008, and continues to do so! Virtually every day there is another story about Madoff, his victims, his enablers, the world-wide financial institu...

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