How A Fraudster's First Stolen Dollar Turned Into Much More

How A Fraudster's First Stolen Dollar Turned Into Much More

“I was desperately in love with the things of the world,” said convicted fraudster* Tom Hughes at the closing session of the 30th Annual ACFE Global Fraud Conference. “I had to have stuff that would never love me back. Whether it was electronics in the house, or a new camera, or a new guitar or a weekend in Bermuda with my wife, I had to have stuff.”

During a Q&A interview with John Gill, J.D., CFE, ACFE Vice President – Education, Hughes detailed his motivations behind his crimes (like greed) and why he began stealing from the bank in the first place. 

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