All the Advantages of Life Didn’t Stop Roomy Khan From Crossing the Line

All the Advantages of Life Didn’t Stop Roomy Khan From Crossing the Line

“As a girl who grew up in India and came to the U.S. — I went to some of the top schools, worked for some of the best corporations, caught all the breaks that I wanted. … But I am responsible [for my fraud] and no one else,” Roomy Khan said. “The culpability is completely mine. I should have known better. Looking forward, I hope I can now be part of the solution.”

Read More

Menendez Victoriously Pressed on to Third Act of Halliburton Fraud Production

Menendez Victoriously Pressed on to Third Act of Halliburton Fraud Production

Deux ex machina — “God from the machine” — is a plot device that ancient Greek play authors used to save their characters from tight spots and hopefully give them happy endings. Anthony Menendez, CFE, told the Wednesday closing session attendees that was how Halliburton solved a fraudulent accounting problem he’d reported — just drop a benign explanation from the sky, end the production and close the curtain. Finis.

Read More

Barboza’s Early Audacity Prepared Him For His China Corruption Articles

Barboza’s Early Audacity Prepared Him For His China Corruption Articles

In the 1990s, David Barboza — then a sophomore at Boston University — wanted to emulate authors such as Robert Caro, J. Anthony Lucas and Neil Sheehan because he too desired to become a journalist and historian. “So I had this crazy idea … that I would call some of the great figures in history,” Barboza told attendees at the Tuesday working lunch, to interview them for his student papers.

Read More

A Rough Reality: Fraud Victims and the Road to Renewal

A Rough Reality: Fraud Victims and the Road to Renewal

Shock, anger, depression and bargaining are all victim’s reactions to fraud. When someone falls victim to fraud, there are issues that hinder healing — lack of sleep, overworking to earn money back, compulsive behavior and avoiding emotions. “Much is made of the fraudster,” said Andy Wilson, CFE, CCEP, VP Fraud & Compliance, Sedgwick, Inc. “But [the victims] are the real faces of fraud.”

Read More