How to find a fraud #biggerpockets #fraudes #personalfinance #investing

BiggerPockets MoneyMar 24, 20240m 44s4.7K viewsScore 70
Regulations & Compliance
intermediate
Problem Guests
Bookkeeping
Expenses
M

Summary

AI-generated

This video discusses key red flags that can help identify fraud schemes, even those spanning decades. Specifically, the speaker details creating a phony accounting firm with a website and a New York address where no mail was ever received and creating an audit with obvious mistakes.

Key insights

  • Fraud schemes often share common red flags, regardless of the time period.

Mistakes to avoid

  • Don't assume investors or their CPAs will automatically catch fraudulent activity; do your own due diligence.

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial