Jump to Navigation

Frank Abagnale and his thoughts on fraud

Nearly everyone in the state of Arizona and beyond are familiar with 'Catch Me If You Can' where a young teenage boy runs away from home, eventually picking up a life of crime ending in his capture by the FBI. But long before this story played out on the silver screen it played out in real life, eventually landing Frank Abagnale in a prestigious position as a fraud consultant for the FBI.

But just because he no longer practices the crimes, he admits that with the ever increasing advancements in technology, fraud has gotten a whole lot easier since he started almost 40 years ago.

"It's easy and it's getting easier," Abagnale said when asked why people commit fraud. He says one of the most common, and perhaps the easiest, is embezzlement because a majority of businesses don't keep track of the thousands of transactions they make day in and day out. Business owners trust that their bookkeepers will be honest when sometimes this isn't the case.

He also points out that with the advancements in digital printers and the ease in which we can receive information makes check forgery "4,000 times easier" than when he first did it.

That's not to say that he advocates any of the crimes he lectures about. On the contrary he points out that in the end, crime doesn't pay. He laments the life he chose in his younger years and says that he wouldn't chose to relive it. He does point out, however, that he feels fortunate enough to live in a country where despite all of his mistakes and despite all of the crimes he committed, after paying his debt to society, he was allowed to brush himself off and reinvent himself.

Source: The Business Journal, "Q&A: 'Catch Me If You Can' conman Abagnale tells how to prevent fraud," Jim Hammerand, Dec. 11, 2012

No Comments

Leave a comment
Comment Information

Need Answers? We Can Help! Email Us Today!

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

Visit Our Criminal Law Website Subscribe to RSS Feed FindLaw Network

Office Location

Suzuki Law Offices, L.L.C.
2929 E. Camelback Road
Suite 224
Phoenix, Arizona 85016
Toll Free: 866-932-4080
Local: 602-635-1369
Fax: 480-907-1571
Map & Directions

5 star rating

5 Star Ratings

Suzuki Law Offices has achieved a Perfect 5 Star Rating from their happy clients on Yellowpages.com, Dexknows.com and Yahoo.com

client reviews

"I would like to extend my deepest appreciation and thanks to the Suzuki Law Offices. On April 24, 2011 I was informed my son was at a college party..."

connect with Suzuki Law Offices