TED-Ed: How people rationalize fraud - Kelly Richmond Pope

TED-Ed: How people rationalize fraud - Kelly Richmond Pope

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Life Skills, Social Studies

KG - University

Hard

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Fraud is a widespread issue, costing organizations trillions annually. The fraud triangle, developed by Donald Cressey, identifies pressure, opportunity, and rationalization as key factors. Common frauds include time sheet and tax fraud. High-profile cases like Parmalat and Rita Crundwell highlight the severe impacts of fraud, affecting jobs and public funds. Fraud is not victimless; it harms real people and society.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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