Episode 210: Victor Hartman – Fraudster Mindset, Three Types of Fraud

Retired agent Victor E. Hartman served the FBI for 25 years with most of his time overseeing complex white-collar crime cases. In this episode of FBI Retired Case File Review, Hartman reviews the mindset of the white-collar crime defendant and the three types of fraud – misappropriation of assets, corruption, and financial statement fraud. Hartman makes the distinction of a predatory fraudster versus a situational fraudster by comparing the Enron and WorldCom cases. Hartman played a leadership role in the early phases of both investigations.

During his career, Hartman was assigned to the Houston and Atlanta divisions. Hartman is both an attorney and a certified public accountant. As a street agent, Hartman started his career working savings and loan fraud and later, health care fraud. As a supervisory special agent, he oversaw a public corruption squad, bank fraud squad, and a health care fraud squad. He also served on the FBI’s corporate fraud response team. Before his retirement, Hartman served as the chief division counsel of the Atlanta Division.

Hartman is currently the principal of The Hartman Firm, LLC in Atlanta. The Firm specializes in internal investigations, forensic accounting, and fraud mitigation consulting. He is also the author of the book, The Honest Truth About Fraud. Hartman uses the book as a textbook at two universities where he is an adjunct professor.

Special Agent (Retired)

Victor E. Hartman

1989 – 2014

 

 

 

 

 

 

 

“Many of these executives are already wealthy many times over. Another $5 million is insignificant. They’re driven by other things like pride, ego, and shame.”—Retired Agent Victor Hartman

The following are links to articles about White Collar Crime and the Enron and WorldCom investigations:

FBI Website:  White Collar Crime

New York Times – 3/3/2004:  Ex-Chief of WorldCom Surrenders to the FBI

New York Times – 3/15/2005:  Chronology of Events at WorldCom

FBI Website:  Famous Cases – Enron

FBI Website (VIDEO):  Houston Division Marks 25th Anniversary of Enron

Vic Hartman played a leadership role in the early phases of the WorldCom investigations.

 

 

 

 

 

 

 

 

 

Hartman played a leadership role in the early phases of the Enron investigation

 

 

 

 

 

 

 

Vic Hartman’s book, The Honest Truth About Fraud, defines fraud and it root causes. It covers the three types of fraud and explores the mindset of a fraudster.

 

 

 

 

 

 

 

 

 

 

Vic Hartman read The F.B.I. by Quentin Reynolds in the 5th grade and was able to find a rare copy in 1998. The book, written in 1954, inspired Vic to become an FBI agent. I found a copy online for $56.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Jerri Williams

View posts by Jerri Williams
Jerri Williams, a retired FBI agent, author and podcaster, jokes that she writes about the FBI to relive her glory days. After 26 years with the Bureau specializing in major economic fraud and corruption investigations, she calls on her professional encounters with scams and schemers to write police procedurals inspired by true crime FBI cases in her Philadelphia FBI Corruption Squad crime fiction series featuring flawed female FBI agent Kari Wheeler. Jerri’s FBI for Armchair Detectives nonfiction series enables readers to discover who the FBI is and what the FBI does by debunking misconceptions about the FBI in books, TV, and movies. Her books are available as ebooks, paperbacks, and audiobooks wherever books are sold. She’s also the host of FBI Retired Case File Review, a true crime podcast with more than 200 episodes available for free subscription on all popular podcast apps.

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