How people rationalize fraud - Kelly Richmond Pope
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- Опубліковано 7 чер 2015
- View full lesson: ed.ted.com/lessons/how-people-...
If you ask people whether they think stealing is wrong, most of them would answer yes. And yet, in 2013, organizations all over the world lost an estimated total of $3.7 trillion to fraud. Kelly Richmond Pope explains how the fraud triangle, (developed by criminologist Donald Cressey) can help us understand how seemingly good people can make unethical decisions in their daily lives.
Lesson by Kelly Richmond Pope, animation by TED-Ed.
The Fraud Triangle:
- I need to
- I’m able to
- I’m justified to
This is an easy way to remember it
"I'm entitled to"
better in my opinion
DancingCheese The pharaohs that gives society the rules are the ones only allowed to break it
Or even more briefly, I can, I must, I should.
@@rmiix2850only for Karens
I'm not sure everyone thinks stealing in every situation is wrong. Isn't that why Robin Hood is considered the hero of his story?
14s0cc3r14 Is it stealing if the person you take from previously took from you?
George Cataloni Not if you were just taking back the item that was stolen. But if somebody steals your iPod and you take their bike in response, you're both stealing from each other.
Alexander Edward The difference being that if you steal back something someone stole from you, you end up owning the same as if no crime had been committed, where as if you torture someone who tortured you, it's just more suffering created.
Zack Z In the story of Robin Hood, it was money for money. The king was heavily taxing the people, so he stole money back to give to the people.
Alexander Edward Is it torture if they like it? No... This is all wordplay, I am asking if an action is wrong under certain circumstances.
14s0cc3r14 so basically its rationalization you are talking about.
2:44 the way the detective is sneaking into frame with the family sternly eyeing him is hilarious 😂 😂😂
Honestly I feel bad for the people who have an emergency and even planned to return it or make up the difference after, I would rather see them get assistance
2:44 Wow even the baby is in on it!
Yes I likee
I think that fraud is something like prejudice that will never end. Human desires just make these things a byproduct.
I'm watching this video while torrenting movies.
Minh Le Really? Yo internet must be great :o
***** you know whats the best part of it? ITS NOT EVEN MY WIFI HAHAHAHAHAHA
Minh Le What site?
Minh Le ahahahahahah
dannydude21 piratelist.net/kickasstorrents
I liked the background music.
I hated the incessant tocking. It serves no valid purpose, only trying to drum up false emotions.
I personally found it kind of stressful but like whatever.
😐😐the vid...nvm
Wow i was about to steal a cent but decided to put it back on the ground.. man it all adds up
Now
@@chumu6943 justifying fraud
With car insurance and repairs, insurance will cut down the costs quoted by a repairer, so to offset this, a repairer will pad out the quote. Knowing that repairers pad out quotes, insurance companies find ways to cut what they will pay, and so the cycle continues.
Thanks to you I now have a good reason to learn accounting.....
someone somewhere is left holding the bill. :) perfectly put
You wouldn't Download a Car??
fuckyea i would!
xapemanx When 3D printing reaches that scale on a residential level, I'm gonna download myself an expensive car when the torrent is released. Fuck yeah, indeed.
Mark The Gr8 what if you wouild be working in the car industry.
***** find a new job quicksmart...
i mean... what did you say? i cant hear you over the sound of my QUAD TURBO BUGATTI!!!!
kawasakinotsofasty ok.
***** If I worked in the car industry, so what?
I had a coworker who committed wage fraud for a very long time and had gotten away with it until another coworker's honest mistake exposed his fraud and I thought he was for sure going to get fired but instead he was allowed to keep his job and you know what, he continued with his wage fraud and when I called him out he screamed and cussed out at me. What's worse is that other employees have gotten fired for smaller infractions but he was allowed to get away with worse stuff because our boss was timid with him so this turn into a conflict of interest ☹
Easy to rationalize fudging your time sheet when your same job 30 years ago was paying 5x as much. Wages haven't kept up with inflation, yet CEO earnings have skyrocketed.
yeah we are fucked
If you ask me, it's the CEOs that are the real perpetrators of fraud - the have oversold themselves, inflating their value while devaluing the contributions of the working class (which make the existence of CEOs possible in the first place).
Excellent rationalization!
Well explained
Fraud is my best friend, truth is my enemy.
lets just hope that the people holding the bill are rich people.
Almost never.
they’re called BILLionares for a reason
Did anyone know what is the name of that beautiful background lyric?
There are only a couple of statements in the video that actually answer the question 'how'. It gives us the tour and the history of fraud in the rest of the video. As far as I expected, the video didn't cater to my ethical questions about fraud being right or wrong.
사람이 사가를 치게되는 이유에 대하여 배워보는 뜻깊은 시간이었습니다. 사람이 본능적이게 자신을 합리화시키고자하는 욕구가 사기를 치는것에 도움이 된다는 것을 배웠습니다. 좋은 영상 감사합니다.
Translation by google translate: It was a meaningful time to learn about the reason why people play saga. I've learned that a person's instinctive need to justify themselves is conducive to cheating. thank you for the good video
Anderson should get an honorary Grammy for his narration.
Take that, Mike!
And while blue collar crime get criminals in jail for years, many white collar criminals have ridiculously low sentences and/or spend jail time in rather decent prisons.
Not all "fraud" is equal - "fraud" committed by the rich is simply expected and thus is treated less harshly than "fraud" committed by the poor (who need to learn to stay in their proper place).
I get disappointed of people whenever any close member of my family or friend does what they justify as "everyone else does this". Like taking advantage of social and financial aids just to waste their wages in stupid materialistic things they cannot pay.
I mean it's not bad have some luxuries by yourself but if you're going to at least spend your own expenses not other's opportunities of getting the help they might *really* need.
what about the federal reserve system?
There's no justifying harming someone, unless of course they hurt you first.
Anyone knows the music?
love ted
Blackolot I understand. He's a pretty cool guy.
yup.
When I was 15 I shoplifted a gatorade because I didn't have any money, and I really needed it (I was super thirsty). I justified it by promising that I will come back the next day, buy a gatorade, and then put it back in the fridge. And I did exactly that the next day. To this day I do not believe I did anything wrong, as the store did not lose any money
Wow
We got defrauded of our last $800 and a month on, we're struggling with no hope on the horizon now that I've lost my job.
Wym? Job opportunities are everywhere unless you are going for a high paying job
@@colino1134 The case is quite different in Africa, and making at most $100 a month is no way to support a family. That's why we tried investing
I think its funny how this only has 300k views
simple want of money as well
2021 Sep 20
Read More about Fraud Triangle -
cakagyaan.in/heres-what-you-need-to-know-about-accounting-fraud-and-fraud-triangle/
@fifa
R.I.C.O
In the video (2:45) it says "because [Italian dairy food company Parmalat] was family controlled corporate governance and regulator supervision were difficult" but in the Dig Deeper section of the TED Ed lesson link to the Bloomberg article "How Parmalat Went Sour" it didn't address the difficulty. Why was it difficult?
Companies don't raise their prices to offset losses anymore. They would end up pricing themselves out of the market.
frosted1030 That certainly depends on the market. It's not like the word "competition" was invented in this decade.
The Fifth Estate has an excellent documentary about Rita Crundwell. That lady really had some balls man lmao! here's the link:
ua-cam.com/video/WAYtaFxlw3M/v-deo.html
Apple one of the best examples!
Grammatical error on original comment
@@herrkatzegaming
*in
*the
*.
The funny thing is that the point of the video is absolutely proven even by reading the comments of this video. Amazing to see the huge amount of pirates (i.e. burglars) trying to tell you that making a company unfairly lose money is so different than directly stealing the aforementioned money.
... I'm someone who pays for content now. I have YT Premium to have ad free UA-cam, I rent or buy films, I buy books, games, etc.
You know when I pirated? When I was broke. Oh, just don't use these things and get a damn job, you say. Definitely a viable option for a 14 or 15 year old, yes.
I'm not saying piracy is a-okay. I'm saying that the "rationalization" part is sometimes actually valid reasons.
If I can pay, I will pay. I've been tested on this multiple times in life, where no one would know about it.
Last- would I download a car. Oh heck yes, just lemme gather enough funds for a suitable 3d printer first.
if in a hypothetical situation I’m making a company lose money (not for like a protest or anything, just for funzies), I better be getting the money otherwise it doesn’t justify it
Romans 3:23 - For ALL have sinned and fall short of the glory of God.
Top 3 rappers.
3. Soulja boi
2. Iggy azalea
1. Taylor swift.
LOL
PapaKay Top 3 Rapers.
3. Aaron Raper
2. Johnny Raper
1. Stanley Raper
PapaKay and this is who you start a UA-cam fight XD
Viktor6665 AXAXAXAXAX
Top 3 wrappers:
1. Reese's
2. M&Ms
3. Snickers
Fraud triangle:
My own government
doing business is a kind of fraud.
In what way, I must ask.
fraud triangle:
pressure
opportunity
rationalization
Yes, it’s in the video. The main point of it in fact.
Huntington bank,🏦🏦🏦🏦🏦💵💵💵
Now do "How people rationalize taxes"
kornswe Democracy.
pfcwar5150 Point is?
@@dodec8449 Democracy died 2,400 years ago in Athens - what exists now is an oligarchic society that pretends to be democratic.
@@FrankCastle-tq9bz Mob rule is not democracy
@@dodec8449 Same difference - the mob and the common people are often one in the same. And I'd rather have the chaos of a mob in the open to a handful of oligarchs calling the shots in secret...
Rationality is a funny thing isn't it.
3:04 Yee YEE!
Siegmud Fraud
I heard in Italy it is culturally intwined that it is utterly preposterous to report your full earnings to the government. yes it is known paying taxes builds roads; yet people are corrupt and governments are just another type of people hiding under the guise of being something other than people. so why should you give all your money to people, who often find ways to use some of that money if not more of it for reasons of which government should not be doing. It is well for any free individual to not fully abide by all rules, rules are meant to be broken.
Now, i don’t need some one to say, “ O, so is murder and rape a rule that can be broken” ; no its not. what ever you do if its not transgressing against someones free will, than no harm. rules are for limiting competitions, the kid who ran with scissors, is your boss.
VA, people died.
Yeah? Just one thing--when people revolt because of "law" keeping the classes in their place, there's really no such thing as fraud and embezzlement, just actual physical power. It's a nice system, it really is, but ultimately it's not the thing of which history is made. What law, for instance, allows for the U.S. to use its physical strength to invade poorer, weaker countries? Does any amount of debate between richer countries make it legal? Should it?
Forgive the poor, weak individual then, for not being on a moral and philosophical high ground. Hopefully you can catch us all before we go crazy trying to rationalize an insane idea like not obeying such a strong, powerful, MORAL system. lol What keeps me in line, to be honest, is the fact that I'm not struggling. I can tell you that FOR A FACT. Maybe if I believed in God, that would be a strong deterrent as well, especially if I was poor. That's really what makes religion brilliant. All of these wealthy individuals are frauding us out for decades without being caught, while the common man is even afraid of doing so with petty cash because the Almighty is watching!
lol What a farce. Suffering happens and rationalization requires both that something be irrational and that the course of action opposite of it actually be rational--merely labeling a thinking process 'rationalization' may work to keep us never questioning why more poor people go to jail than rich people, but a person who abides by the law when their family is LITERALLY STARVING, just because of fear of the big man in the sky.... hm, doesn't seem rational to me. It seems you would need to rationalize THAT, not simply taking what you need. Yes, I am a well-off person, telling poor people to stop being pawns. The richer folks have really built their own rationalization around you, and you're forced to live it. If you can play their game to get to the top, good for you, sincerely. But you shouldn't have to.
So, fuck whoever put 'rationalization' in this fucking pyramid. Kind of ironic that it is a pyramid and you're talking about pyramid schemes, eh?
Ultimately, a person's outcomes are traced back to their birth conditions. Ultimately, nothing is equal to anything else. Scary, but it's real. The person that you are is completely random and you have no control over the billions of other people or what they decide to do with you. Good luck breeds providential thinking, bad luck breeds crime.
You are correct dear sir.
pon33villin YHWH is not necessarily the only source of morality. From what we know, morality exists to facilitate cooperation. Someone immoral cares more about their own gain then the good of all.
made sense. but i have opposing views.
with God(s) or not, man can keep virtues.
biological survival is fundamental.
that's just basic needs.
after that, we have freedom.
the problem is greed.
it's insatiable.
Madoff did the same thing as SS# does to us but though government
The video claimed to explain how people rationalize fraud but it didn't.
If that's not irony, I don't know what is
At the core of EVERY fraud scheme, there is ALWAYS a bankster.
lol funny thing. Usually the ones who preach ethical conducts are usually people or entities that are not in need or people and organisation that have done many ethically questionable actions and once they reach the top they tell you don't do it.
Explain enforced taxation, with the threat of jail and removal of freedom. A taxation that enables the worst kind of atrocities know to man. Do that! ... or is that "rationalisation".... /anger
Shane Cox roads, police, education, public services in general. Taxes are the price of civilization.
@@paulmahoney7619 Roads and education we can finance ourselves and pigs are not a service...
Frank Castle okay, give me an example of an interstate system or similar built by a private entity and made available in a way similar to the interstate. As well, look at what happens when there is a police strike. en.m.wikipedia.org/wiki/Murray-Hill_riot
@@paulmahoney7619 We don't need massive interstates if we break up into small, tribal units again - the "need" for such structures comes form the fact that society has grown too large and too complex for small communities to manage: kill the massive nation-state, reduce the cities to rubble and return to a more natural mode of existence and there's no longer the need for more than the most basic of facilities like roads (and even the Barbarian societies of old - which didn't really have much in the way of a central government - had roads).
And I know all about the riots - in fact, I'm kinda on the side of the rioters.
Frank Castle well I like modern medicine and low infant mortality, and not dying of preventable disease, and you need a large population to maintain that kind of technology. The past sucked hard.
A government operational bamboozle
No. Me working under the table to keep the lights on is not what adds up to give us all shortcomings.
See if i was working in the government. I'd not only already be paid by the people, and a lot more than the peoplr at that.
I'd aparantly also have a pretty good shot at being severely self interested to a point i start laundering the governments money into south american and a bunch of island banks.
Thats what our government did anyway.
And then blantantly cried to the media to shut up about it...
Like no joke.
I wish I could pirate the bgm
Gosh darn fraud
C'mon Parmalat. . .I like your milk
First!!
Religions get away with this every day. Think about it.
Not really, most churches make no promise about what they do with the money. If spend it on anything unfavorable, they can just hide the paper trail.
@Hipno fraud
The pulsating background noise gave me a headache and made my chest tighten. I wish I hadn't watched this.
Are you hiding something? Lol
Under200commentclub
Sounds like the student debt crisis.
You mean an american problem
Well, both Parmalat and Kodak are still around.
now explain why capitalism doesn't work out.
Bitcoin users unaffected
Capitalism
Surely it isn't a question of leaving someone holding a bill, in a country like the U.S., but rather of leaving someone - possibly a child - dead of a preventable disease over something as inhumane as the somehow narrowly quantitative "beauty" of a horse. The U.S. food-system is made of people who are being literally heartbreakingly cheap, because all the kids are playing videogames. It's like half the world is parmalats.
Speaking of fraud, you mispronounced "comptroller". It's pronounced "controller".
TED: rich peasants pretending to be cultured.
Capitalism