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So Money with Farnoosh Torabi

649: Kelly Richmond Pope, Education Innovator & Forensic Accounting Expert

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 8 November 2017

⏱️ 34 minutes

🧾️ Download transcript

Summary

We’re going to dig into what actually has people create crime. Not just any crime but financial crime. What is actually behind it... the motivation, the mindset? Our guest, Kelly Richmond Pope, will help bring this to life. She is the genius behind the movie All the Queen’s Horses. It is a true story of Rita Crundwell, one of the national’s leading quarter horse breeders, who was also arrested in 2012. She was the largest municipal fraud perpetrator in the country’s history. She embezzled upwards of $50 million dollars as a comptroller and treasurer of Dixon, Illinois. It’s not $50 or $60 billion, like Bernie Madoff. But $50 million is a lot of money. Plus, we’re talking small town Illinois and about a woman who was trusted. She was a horse breeder. There were no signs that she was going to be stealing your money... but were there? The film has actually won HBO’s best documentary award at the Martha’s Vineyard African-American film festival. Critics are going nuts. They love it. Kelly is not just a filmmaker. She’s also an associate professor in the school of accountancy at MIS at DePaul University in Chicago. There she teaches a lot of different courses around accounting and a course on leadership. She is also a speaker and an author. She’s worked in the forensic practice at KPMG on anti-money laundering engagements, insurance fraud investigations and fraud risk management projects. She is well-versed in the forensic accounting field. She’s also on a ton of forensic accounting seminars around the world for universities, corporations and governments. To learn more visit www.somoneypodcast.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So Money episode 649, Kelly Richmond Pope, director of all the Queen's horses,

0:05.9

professor and forensic accounting expert.

0:08.8

You're listening to So Money withour, Farnu Tarrabi.

0:15.0

Each day get a 30 minute dose of financial inspiration from the world's top business minds,

0:20.1

authors, influencers, and from Farnus yourself.

0:24.0

Looking for ways to save on gas or double your double coupons?

0:28.0

Sorry, you're in the wrong place.

0:30.0

Seeking profound ways to live a richer, happier life.

0:33.0

Welcome to So Money.

0:35.0

Welcome to So Money, everyone.

0:39.0

Ready to get forensic on the human condition.

0:42.0

Welcome to So Money. I'm your host for New Jersey. to get forensic on the human condition.

0:42.8

Welcome to So Money.

0:43.9

I'm your host, Farnoese, Chirabi.

0:45.5

We're gonna dig into what actually has people create crime.

0:50.4

And not just any crime, financial crime,

0:52.3

like what is actually behind it, the motivation, the mindset, and to bring this to life, we have Kelly Richmond, Pope on the show.

1:01.0

She is the genius behind the movie All the Queen's Horses. It is a true story of Rita

1:07.2

Crenwell, one of the nation's leading quarter horse breeders who was also arrested in 2012. She was the largest

1:16.0

municipal fraud perpetrator in the country's history. She embezzled upwards of

1:21.3

50 million dollars as the Comptroller and Treasurer of Dixon, Illinois.

1:26.6

Now it's not 50 billion, or 60 billion like Bernie Madoff, but 50 million is a lot of money and we're talking small town

...

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