Fraudish

A Betrayal of Trust: Unmasking Investment Fraud with Stephen Kirk

How do fraudsters convince people to hand over their life savings? And why do so many scams go undetected until it’s too late?

In this episode of Fraudish, we dive into the dark world of investment fraud with Stephen Kirk, Chief Internal Auditor for the Illinois Department of Transportation and author of A Betrayal of Trust. Steven has spent years unraveling Ponzi schemes, asset pooling scams, and securities fraud - cases where victims often lose everything. Stephen formerly led a team of compliance auditors for the Securities Department when he uncovered the frauds discussed in this episode.  

He shares the red flags every investor should know, the ethical dilemmas in financial crime, and how compliance loopholes allow fraud to thrive. Plus, we get a glimpse into his upcoming books and how writing helps him process the emotional toll of his work.

If you want to protect yourself from financial fraud, this episode is a must-listen.

Connect with Stephen

Betrayal of Trust book

https://brokercheck.finra.org/

Yellowbook CPE