I live a much better life without having to worry about people chasing me. I spent five years in prison from 21 to 26, which is probably the best part of my youth behind bars. I was in some very bad prisons overseas as well. It was not a fun life, it was a very lonely life in reality. I was a smart enough kid to know that I was going to get caught. The law sometimes sleeps, but the law never dies. I knew it was just a matter of time. I would be caught and I'd get punished and face the consequences.
Frank AbagnaleBanks are so protected from liability they would have to really do something that was their mistake in order for them to be liable for it. Banks don't look at signatures. They're processing millions of checks and they have very little liability.
Frank AbagnaleIf my forgeries looked as bad as the CBS documents, it would have been "Catch Me In Two Days."
Frank AbagnaleWhether you're earning $7 an hour or $700,000 a year, it's very important to protect your credit rating.
Frank AbagnaleWhen I was a child at sixteen, I was just a child. All sixteen year-olds are just children. As much as we like them to be adults, they are just children. And like all children, they need their mother, and they need their father. All children need their mother and their father. All children are entitled to their mother and their father.
Frank AbagnaleCriminals look at identity theft and say only 1 in 700 criminals gets convicted of it. And they look at check forgery and they know that for every 1,400 forgers arrested, only about 123 get convicted and about 26 go to jail. So the rewards are great, but the risks are very slim. So that's one of the reasons that make it very popular.
Frank Abagnale