Fraud Museum Game: Breaking Through Lies (Giveaway)

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Fraud Museum Game: Breaking Through Lies (Giveaway)

Made up of artifacts, memorabilia, documents and other pieces of fraud history collected by ACFE founder and Chairman Dr. Joseph T. Wells, CFE, CPA, this year’s Fraud Museum game showcases times when truth broke through the elaborate lies of fraudsters.

To participate in this year’s game, read the questions below and answer the questions in this quiz to be entered for your chance to win a $250 gift card. The game begins, Monday, June 14, and will close at 11:59 p.m. Central Time, Wednesday, June 23. Only conference attendees are eligible participate. Please read the official rules before submitting your entry. The winner will be notified via email and will be announced in the Conference Recap newsletter, Monday, June 28.

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Robert Herjavec, Preet Bharara and More to Speak at Largest Virtual Anti-Fraud Conference This June

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Robert Herjavec, Preet Bharara and More to Speak at Largest Virtual Anti-Fraud Conference This June

Cybersecurity expert Robert Herjavec and former U.S. Attorney of the Southern District of New York Preet Bharara will address 5,000 anti-fraud professionals at the virtual 32nd Annual ACFE Global Fraud Conference on June 21-23. The conference will be emceed by Kate Snow, anchor of NBC Nightly News Sunday and an award-winning senior national correspondent for NBC News.

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Meet the Keynote Speakers for the 32nd Annual ACFE Global Fraud Conference

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Meet the Keynote Speakers for the 32nd Annual ACFE Global Fraud Conference

Thousands of anti-fraud professionals attending the virtual 32nd Annual ACFE Global Fraud Conference, June 21-23, will hear from some of the leading experts in the anti-fraud industry. Telling their stories of perseverance and sharing their insight, the conference will feature some of the following speakers.

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When Dreams Turn Into Nightmares: How Idealism Can Lead to Fraud in Nonprofits

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When Dreams Turn Into Nightmares: How Idealism Can Lead to Fraud in Nonprofits

In most cases, nonprofits are started with good intentions. Maybe there’s one person who feels a call to improve some area of life around them. Sometimes it’s a group who has a mission to make a difference in the world. So why would anyone try and steal from them? That’s one of the questions ACFE Regent Kenneth Dieffenbach, CFE, addressed in his session, “Fraud in the Nonprofit Sector: Unique Risks and Opportunities,” at the 31st Annual ACFE Global Fraud Conference.

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Betrayed Bank Assistant Vice President Embezzles $22 Million as Payback

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Betrayed Bank Assistant Vice President Embezzles $22 Million as Payback

A misplaced paycheck stub started it all. Gary Foster, a former assistant vice president in Citigroup’s internal treasury finance department, said the stub — left next to an office printer — showed that a subordinate made $10,000 more than him.

“I was shocked,” Foster said during an interview with John Gill, J.D., CFE, ACFE vice president – education, at the Wednesday closing General Session. “I was in love with the company. I felt completely devastated. I’m working like crazy. … I felt betrayed.”

During the next two years, Foster’s resentment against Citibank festered. Finally, he realized that he needed some payback for what he deserved.

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When Humanitarians Defraud Those in Need

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When Humanitarians Defraud Those in Need

According to recent data from the United Nations High Commissioner for Refugees (UNHCR), 79.5 million people around the world were forcibly displaced at the end of 2019. That means 1% of the world’s population are currently refugees. With so many people in need of aid, the work of charitable organizations is more necessary than ever. Unfortunately, aid organizations can prove ripe targets for fraudsters.

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Protecting the Aging Population From Fraud

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Protecting the Aging Population From Fraud

It’s no secret that fraudsters have few, if any, scruples. They are willing to lie to, swindle and cheat anyone who can give them money. As much as we would like to think that certain segments of society should be considered “off-limits” to bad actors, the opposite is normally true. No situation makes this quite as clear as the multitude of scams that target the aging population.

In her session, “Protecting the Aging and Vulnerable Population from Fraud in Uncertain Times,” at the 31st Annual ACFE Global Fraud Conference, Nadia Wright, CFE, taught attendees about a number of the fraud schemes that target the aging. Wright, senior fraud investigator for LPL Financial, said most scams fall into one of two categories: the long game or the quick hit.

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