We hang the petty thieves and appoint the great ones to public office. ~Aesop Answering a Question Northwestern University has a Masters in Public Policy and Administration program and this program has a comprehensive course on the finance. Over the past year I have been a guest lecturer on fraud. As the year reached completion, […]
(By Jack Bigelow) An article in the October 29 New York Times describes a pattern of what is believed to be a series of broken promises (to be good) among big banks caught in illegal transactions. The article, authored by Ben Protess and Jessica Silver-Greenberg, describes the pattern as the “Wall Street equivalent of a […]
(Repeat of a LinkedIn Posting of August 14: Nixon Resignation @ 40: Lessons for the Risk Officer on Deception, Caveat Emptor and Politics) https://www.linkedin.com/pulse/article/20140814204036-5071179-linkedin-and-nixon-deception-caveat-emptor-and-politics (By Daven Morrison, MD)Richard Nixon resigned as President 40 years ago. His presidency, his personality and his actions mark a low point in Americans’ trust of leadership. Only a few years […]
This research was funded by the Institute for Fraud Prevention at West Virginia University of which Dr. Sri Ramamoorti was a Board member representing Grant Thornton LLP. In this paper we use a primarily “behavioral lens” (cf. Ramamoorti, 2008; Ramamoorti & Olsen, 2007) to try to understand the state-of-mind and motivations of the C-level suite/white […]
Get practical insights on the psychology of white-collar criminals—and how to outsmart them Understand how the psychologies of fraudsters and their victims interact as well as what makes auditors/investigators/regulators let down their guard. Learn about the psychology of fraud victims, including boards of directors and senior management, and what makes them want to believe fraudsters, […]