Episode
The Simple Solution To Financial Fraud... But... | How Money Works
- Podcast
- How Money Works
- Published
- Jul 10, 2026
- Duration seconds
- 947
- Processing state
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Summary
The Simple Solution To Financial Fraud... But... Upgrade the way you learn with Brilliant! To get started for FREE go to http://www.brilliant.org/howmoneyworks Sign up for my FREE newsletter! - https://www.compoundeddaily.com/ Support me on Patreon - https://www.patreon.com/HowMoneyWorks My Other Channel: @howhistoryworks Edited By: Andrew Gonzales Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images For sponsorship inquiries, please contact [email protected] Sign up for my newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. Banking has a fraud problem, that’s not new, and it costs clients billions of dollars every year. We are all so used to this now that it’s not even shocking anymore but there is now a simple solution that can eliminate this problem while actually saving the banks money. However, banking executives want you to forget about this solution as quickly as possible or just convince you that it won’t work. Regular viewers of the channel will know I hate dragging out the answer to a simple question for the sake of watch time, so the solution is just to force bankers to work from home, where they actually have less oversight from managers and authorities. A recent study by the European Journal of Financial Management found that FIVE TIMES less likely to engage in financial misconduct when working from home. There are two reasons why this works so well and three infuriating reasons why executives won’t let it happen. The first reason is simply because everything done from home goes on a digital record. In America banks are not a…