Frank Abagnale, famously played by Leonardo DiCaprio in "Catch Me if You Can" discusses his exploits between 16 and 21 years of age as one of the most prevalent check cashing fraudsters in the world. He also managed to pull-off pretending to be an airline pilot, a doctor and a lawyer.
He now uses his skills to teach banks, businesses and everyday people how to spot a faker. Who is most likely to be scammed in this day and age? Does Frank say it's easier or harder with today's technology to pull the wool over people's eyes?
Mr. Abagnale has teamed up with AARP Fraud Watch Network http://www.aarp.org/money/scams-fraud/fraud-watch-network/?intcmp=AE-SEARCH-AARPSUGG-fraud-watch-network to give free presentations to the public.
Here more from this 3-part episode of Money Making Sense.