Crisis in the Organization? Rebuild Your Culture with Transparency

Crisis in the Organization? Rebuild Your Culture with Transparency

You know that catastrophe you thought might slam your organization? It happened. You got the dreaded phone call in the middle of the night from your lawyers, your compliance people or (horrors!) the media that (pick one or more): 1. Employees created millions of fraudulent savings and checking accounts on behalf of clients without their consent. 2. Management was bribing officials worldwide to win lucrative contracts. 3. Executives were caught in huge money-laundering and corruption crimes.  

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Finding Truth in the Darkness: Filmmaker Details Discovering Russian Doping Scandal

Finding Truth in the Darkness: Filmmaker Details Discovering Russian Doping Scandal

Grigory Rodchenkov is not your typical whistleblower. In fact, some would even argue he shouldn’t be called one. He does not fit the description of a sentinel and will most likely not be winning awards for his efforts like Michael Woodford at Olympus or Sherron Watkins at Enron. For years, he chose country over truth; self over truth; maybe even survival over truth. But, in the end, with the help of filmmaker and writer Bryan Fogel, he chose truth over all of those things and did something remarkable.

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When the Fraud Victim Becomes a Fraud Enabler

When the Fraud Victim Becomes a Fraud Enabler

When starting out in the anti-fraud field, it may be common to view things as black and white; there is the fraudster, who is bad and deserves to be punished, and the victim, who is innocent and deserves to have their losses recouped. However, as many veteran fraud examiners know, things are rarely that clear cut. In her session “Encounters with a Sociopath: The Saga of a Million-Dollar Fraud” at the 29th Annual ACFE Global Fraud Conference, Ginny Tate, CFE, CIRA, EA, took attendees through the wild story of a fraud where the line between victim and enabler was blurred.

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Journalist Speaks On Exposing the 'Heist of a Century'

Journalist Speaks On Exposing the 'Heist of a Century'

Although she lives in London, Clare Rewcastle Brown knows all too much about Las Vegas, Nevada. She’s not a professional poker player or an Elvis impersonator aficionado — for the past few years she has been reporting on the lavish parties thrown by a Malaysian financier using money earmarked for much-needed infrastructure in the southeastern Asian country.

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Muddy Money: The Dirty Truth About Political Corruption

Muddy Money: The Dirty Truth About Political Corruption

Corrupt politicians are a common trope in society, but what's more uncommon is how to spot the red flags of shady dealings. In "Targeting the Proceeds of Political Corruption," Michael Schidlow, CFE, CAMS-Audit, head of financial crime risk training and emerging risk advisory at HSBC Bank, took attendees on a ride through the world of political corruption combining pop culture references with infamous real-world examples involving names like Gaddafi and Putin. 

Schidlow clearly conveyed the message that political corruption is a massive problem with a wide range of consequences that affect everyone in the world.

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How Would You Steal $10,000 from Your Organization?

How Would You Steal $10,000 from Your Organization?

Fraud fighters rarely break the rules. They are meticulous, focused and hold themselves to a high ethical standard while ferreting out wrong-doers. However, Steve Morang, CFE, CCEP, CIA, senior manager at Frank Rimerman & Co LLP, argued that sometimes holding yourself and your thoughts to a too-strict ethical framework can backfire against realistic fraud prevention.

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