Fredric Alan Shapiro (born Philadelphia, 1954), was twice convicted of fraud, and now gives lectures on ethics and fraud prevention. He occasionally comments to the media about white-collar sentencing.
Between 1986 and 1989, Shapiro, then a lawyer, defrauded ten banks of a total of 8.6 million dollars. According to Assistant U.S. Attorney Timothy R. Rice, he "managed to defraud nearly every major financial institution in the City of Philadelphia". Shapiro used a variety of methods, including setting up a phony title company and making falsified loan applications. He also embezzled money from pension funds and evaded taxes. Shapiro agreed to serve as an informer and as a result was sentenced to only 366 days in a North Carolina federal prison camp. As part of the deal for a reduced sentence, Shapiro aided the government as an undercover operative to help capture known drug traffickers in Philadelphia.
Shapiro is now a speaker and guest lecturer at various forums including law schools, business schools, accounting firms, law firms and professional societies.
Shapiro has contributed to the publication White-Collar Crime Fighter and other miscellaneous corporate ethics publications. He currently resides in suburban New Jersey, and holds an MBA and a JD from Temple University.