Emotional Intelligence: The ‘Je Ne Sais Quoi’ That Sets You Apart

Emotional Intelligence: The ‘Je Ne Sais Quoi’ That Sets You Apart

According to Nicole Babnick, HR director at Avalon Health Care and former attorney and investigator, one of the best ways to check your biases at the door is simply to acknowledge that you have them. This act of self-awareness emphasizes just one of the four areas that make up emotional intelligence (EI). And, according to Babnick, EI can make or break an investigative interview.

In her session, “Emotional Intelligence: The ‘Je Ne Sais Quoi’ That Sets You Apart,” Babnick discussed how self-awareness, self-management, social awareness and relationship management can each play a part in conducting a successful investigation. And, believe it or not, none of them have anything to do with your business acumen, where you went to school or what characteristics you were born with. While many of us attended the first day of the ACFE Global Fraud Conference to learn how to improve our auditing, compliance, risk management and other skills, those make up only half of what we need to be sharpening.

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German Regulators Investigate the Investigator During Wirecard Debacle

German Regulators Investigate the Investigator During Wirecard Debacle

Like many fraud examiners, reporters often hate being part of their stories. They’d much rather remain in the background, asking the questions and discovering the facts. Dan McCrum, an investigative reporter for the Financial Times, described that less-than-ideal scenario in his keynote address during the Monday afternoon session of the virtual 32nd Annual ACFE Global Fraud Conference. McCrum is the recipient of the ACFE Guardian Award.

“I have pictures here of a couple of criminal suspects,” McCrum said as he showed photos on the screen of himself and Markus Braun, the former CEO of the infamous German company, Wirecard AG. Wirecard collapsed in June of 2020 when Braun announced that 1.9 billion euros of its funds were “missing.”

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Staying on Top of Health Care Fraud in Times of Crisis

Staying on Top of Health Care Fraud in Times of Crisis

The COVID-19 pandemic threw the entire world into chaos, and as fraud examiners know, chaos creates opportunities for fraudsters. While individuals, companies and governments scrambled to stay safe, bad actors jumped at the opportunity to make a quick buck off the confusion and fear that permeated the global environment. This was especially true in an industry that became the central focus for many people — health care.

“The good news is you will always have job security,” Rebecca Busch, CFE, told attendees at the 32nd Annual ACFE Global Fraud Conference. Busch, who is the CEO of Medical Business Associates, Inc., dove into some of the fraud schemes health care professionals saw during the pandemic in her session, “Health Care Fraud in the Time of COVID-19: Current Trends and New Risks.”

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South Africa’s Connector of Light, Thuli Madonsela, Opens Virtual Conference

South Africa’s Connector of Light, Thuli Madonsela, Opens Virtual Conference

She was called “South Africa’s Corruption Crusader” by BBC News, was named as one of TIME magazine’s 100 most influential people in 2014 and received a French knighthood. Professor Thulisile “Thuli” Madonsela can now add one more award to her long list of achievements. At the virtual ACFE Global Fraud Conference today, she accepted the ACFE’s highest honor, the Cressey Award, and spoke about the top three things she has learned over her career.

“I’m grateful for this award because it affirms that my team and I did our work to the best of its ability,” Madonsela said. “It takes a village to do the things in life that are attributed to one person. It took a village to do the work we did in combatting fraud, corruption and all kinds of improprieties in the governance of public affairs.”

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Seen on the Screen: Break Through

Seen on the Screen: Break Through

“As a risk and compliance professional in the banking industry, it is essential for me to stay informed and keep up to date on the latest developments in this space. This is the first time I am attending the annual Fraud Conference, and I look forward to a lot of learning and networking. See you there!” — Deepa Ramsunder, CFE, Director, Conduct, Financial Crime and Compliance Assurance, Standard Chartered Bank

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5 Ways to Break Through the Virtual Crowd and Network Like a Pro

5 Ways to Break Through the Virtual Crowd and Network Like a Pro

Next week, starting on Monday, June 21, thousands of fraud fighters all around the world will log in to the 32nd Annual ACFE Global Fraud Conference, where dozens of speakers will appear on computer screens to share their knowledge and expertise. While the learning opportunity is tremendous, another valuable part of any conference you attend is the networking.

For some people, just hearing the word “networking” makes them cringe. And even though we’ve all been attending virtual events for more than a year, we know that virtual networking can still feel a bit, well…awkward.

But instead of thinking of it as something icky that you have to do, consider it your chance to meet others in your field who are doing similar work. Below, we’ve put together some tips to help you navigate these strange, but rewarding, digital waters.

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Contributing to the Future of Fraud Fighting: Spotlight on ACFE Chapters

Contributing to the Future of Fraud Fighting: Spotlight on ACFE Chapters

As fraudsters and their schemes continue to evolve, it is imperative for anti-fraud professionals to invest in the future. Fraud examiners must draw from the work of those innovating and testing new tools, methods and ideas. It is also necessary to support the next generation of fraud fighters.

The ACFE Foundation was established to increase the body of anti-fraud knowledge and support future anti-fraud professionals worldwide through the funding of scholarships, endowments, research and other educational projects. The ACFE Foundation works to encourage students to pursue careers in fraud examination and provide resources for research on the detection and deterrence of fraud.

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