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zakruti.com » Knowledge, science, education » TED-Ed
How people rationalize fraud - Kelly Richmond Pope

How people rationalize fraud - Kelly Richmond Pope

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Rating: 4.0; Vote: 1
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
Date: 2020-08-22

Comments and reviews: 10


For several years I stole a lot from my workplace. My rationalization was:
1) The company I am stealing from has enormous wealth. I take but a crumb from their perspective, but it is a feast to me.
2) I am not being paid what I am worth, not by a long shot. They low ball me, do not give me vacation time, no medical.
3) I don't need to work as long, or pay for as much education if I keep doing it. This grants me more time for my family, friends, and hobbies. You know, my life. More freedom for me.

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So blame the people but not the ones in the 1%.
So basically Big Banks such as Citi, Chase, Bank of America, and Wells Fargo didnt commit fraud by causing the 2007 Great Recession Crash by selling NINJA Mortgages. Lets not forget they cried to the government and were bailed out for 700 Billion and instead of helping innocent people, their executives were given 1 million dollar bonuses.

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Taxation is a fraud. Remember we had no taxes on earnings before the 1913 Federal Reserve Fraud Coup and taxes were placed on the backs of American workers. This is why we broke away from England. Our constitution says only corporate profits are taxed. Now the corrupt government has over 120 Trillion in Unfunded Liabilities
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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?
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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.
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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.
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every single person on this planet commits fraud in some form to survive. I'm sure if i start digging the net i will find T. e. d ( the company who makes this amazing videos) avoided taxes or payed out to someone to get somewhere. NO ONE IS INNOCENT NO ONE!
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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.
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You liberals at TED tell me that taxing the rich at higher rates is the right thing to do and yet committing small level fraud, of which _actually_ benefits the lower-class citizen, is somehow bad?
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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
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