Forensic profiler and counterterrorism expert Dale Yeager joins the show to unpack the current surge in financial fraud enforcement and what really happens behind the scenes. He clarifies that many US money laundering investigations are led by the FBI. However, they are also driven by Treasury agencies (IRS-CI, Secret Service) plus U.S. Postal Inspectors, with FinCEN’s SAR database providing salient data to over 350 law enforcement agencies.

Yeager warns of skyrocketing Facebook-enabled romance and crypto “investment” scams, which disproportionately target women over 60. He cautions against bogus “recovery” outfits and explains that meaningful restitution typically follows prosecution—and averages just 30–40% of total recovered funds. He connects major failures like Madoff to weak due diligence by attorneys, CPAs, and advisors as well as highlights widespread probate and estate fraud against seniors. Families must stay engaged, reduce estrangement, and set protocols.

On the corporate side, Yeager emphasizes insider threats—often poorly vetted bookkeepers/comptrollers—HR due-diligence gaps, and unused audit tools. He describes “one big family” cultures that invite theft and shares a cautionary tale of a luxury auto dealer that failed to institute controls and then closed shop. Practical takeaways abound: require credit due diligence of money service businesses (MSBs), use written agreements even with relatives, avoid ostentatious displays of wealth online, and bring daily discipline to personal finances—monitor credit, challenge small charges, and leverage simple oversight apps.

His throughline: order and accountability—at home and at work—are the best defense against fraud.

This episode delivers a candid, highly practical tour of modern fraud—with the curtain pulled back by forensic profiler and counterterrorism expert Dale Yeager. He begins with a myth-buster: in the U.S., the core money-laundering work is led by the Department of the Treasury—IRS Criminal Investigation, the Secret Service—and U.S. Postal Inspectors, not the FBI. Internationally, cases may have multiple layers and be messy. Yeager recounts investigations stretching through Cyprus, Macedonia, and beyond when jurisdictions won’t cooperate.

Dale encourages listeners to ask, “Does this make sense?” and to walk away from anything that doesn’t.

For corporate fraud, Yeager puts the spotlight on the insider threat, where poorly vetted bookkeepers and comptrollers exploit lax HR screening and unused or underutilized audit software.  His core message is simple and powerful: discipline, structure, and clear oversight using tools — within both families and businesses—are the strongest defense against fraud.