Proving Intent in Fraud Cases

Proving Intent in Fraud Cases

Why do people comply or not comply? For Audrey Milesi, CFE, ACCA, ACAMS, Founder of Flying CFO, this question is at the heart of proving intent in fraud cases. “Proving the facts doesn’t mean you have proved the intent,” said Milesi to attendees of the 2018 ACFE Fraud Conference Europe, recently held in Frankfurt. “It’s not just about going to court and having a good case. It’s about [determining] what fraud is for you.”

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Effectively Meeting the Challenges of Cross-Border Investigations

Effectively Meeting the Challenges of Cross-Border Investigations

It's undeniable: We're living in a fast-moving world and technology is overtaking us. Money is moved from one border to the next at just the tap of an app on your phone. Assets can be stripped and moved across borders before you blink an eye. Fraud is happening in companies around the world every day. And according to independent consultant Guy Higgs, PgCert, CFE, CCEP, government enforcement is at an all-time high. 

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Cybersecurity Expert Speaks on Social Engineering Techniques and GDPR Vulnerabilities

Cybersecurity Expert Speaks on Social Engineering Techniques and GDPR Vulnerabilities

When you think about your intellectual abilities, do you consider yourself like Star Trek's Spock or like The Simpsons' Homer Simpson? I would imagine most of us would choose or strive to be more like Spock: slow, calculated, precise and logical. But, according to cybersecurity expert Dr. Jessica Barker, any one of us can move into a Homer Simpson-like state given the right type of social engineering.

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Collaboration and Trust Key to Reporting on the Panama Papers

Collaboration and Trust Key to Reporting on the Panama Papers

Bastian Obermayer’s life changed a few years ago when he received more than 11 million documents from an anonymous source. The collection of documents would later be known as The Panama Papers.

Obermayer, deputy head of the investigative unit of the Munich-based Süddeutsche Zeitung, took attendees at the 2018 ACFE Fraud Conference Europe through the story of how more than 200 investigative journalists in 70 countries helped wade through the 2.6 TB of data he was given. In his address to the hundreds of fraud fighters in attendance, Obermayer stressed not only how large the undertaking was, but how important it was for the journalists to work together.

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When and How to Approach Law Enforcement and Prosecution

When and How to Approach Law Enforcement and Prosecution

You have a fraud you need to investigate and will most likely bring for prosecution. When should you approach law enforcement or a prosecutor? Law enforcement wants cases as soon as possible, while consultants want the case brought to them first. Management wants to retain control as long as possible. What do you do? And, what are the best ways to deal with the reporting of fraud in your company?

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Why a Strong Corporate Ethical Framework is Good for Business

Why a Strong Corporate Ethical Framework is Good for Business

“The message is quite clear — the world is changing, and with that change there is an expectation from a wide range of stakeholders,” said Laura Davies in her session on corporate ethical frameworks at the 2017 ACFE Fraud Conference Europe. “There has been a big breakdown of trust between business and the general public.”

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Using a Risk-Based Pre-Employment Screening

Using a Risk-Based Pre-Employment Screening

“I don't know how it is in your jurisdictions, but in Austria and Germany, there’s a good culture of trust,” said Bernhard Maier, CII, director of BM-Investigations E.U., at the 2017 ACFE Fraud Conference Europe. “We prefer to trust people. And it’s a convenient way, to trust people and not to question what they write on their CVs.”

However, as Maier explained, it's become more necessary to check applicants' backgrounds for more than their qualifications.

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