Psychology of Belief with Neil aka Fraud GuyKellly interviews fraud attorney Neil, head of Global Fraud Investigations and Asset Recovery at the  law firm Rimón, about his 30+ year career representing receivers, trustees, banks, insurers, investors, and victims of large-scale Ponzi and other financial crimes. In a wide-ranging discussion, Neil says men commit more fraud, explains why “clean” bankruptcy files are uncommon, and shares examples of debtors hiding assets (including collector cars and offshore trusts) and how trustees lack resources to pursue fraud. He talks about his first major fraud work enforcing a $1.5M State Farm judgment and describes fraudster psychology as consistent with antisocial personality traits and narcissistic tendencies, arguing fraud is often about power, not money. They also discuss ethics risks for “fraud warriors,” victim belief and sunk cost, synthetic identity fraud growth, and lawyers going bad.Connect with Neal: https://www.linkedin.com/in/fraudattorney/Do you know what Rimon means? 00:46 Ponzi Dinner Pick01:45 Who Steals More03:26 Inside Rimón Firm06:42 Bankruptcy Fraud Tales12:32 Trustee Life Reality15:26 First Fraud Case17:58 Fraud Warrior Ethics20:17 Theranos and Dirty Tactics23:17 Power Lawyers and Lies24:51 Fraudster Psychology Profile27:31 Power Over Money28:59 Madoff And Affinity Fraud29:57 Fraud Warrior Temptations31:12 Accountability Versus Justice33:00 Why Smart Victims Fall35:54 Fraud Getting Worse38:25 Belief Beats Rationality40:28 Pop Culture Gets Fraud Wrong43:30 Lawyers Going Bad46:35 System Fails Self Policing