Ranbaxy Whistleblower Congratulates, Exhorts Attendees

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Dinesh Thakur, the whistleblower in the huge Ranbaxy USA drug fraud case, challenged attendees to increase their efforts to combat health care fraud in countries beyond the U.S. “Health care fraud is one of the most heinous frauds there is,” Thakur said during the Wednesday closing general session. “And there is more of a need for you — with all the wonderful work you do in the financial area — to expand that and look at health care fraud.”

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Bitcoin: Fraud's New Best Friend

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Bitcoin: Fraud's New Best Friend

"Bitcoin is the buzzword."

Jim Butterworth, CFE, and executive director of services at ManTech, explored virtual currencies, such as Bitcoin (BTC), in his session, “Bitcoin and Virtual Economies: Fraud’s New Best Friend.” In this breakout session, Butterworth explored the concept that while virtual currencies may be the future of financial technology, they’re also stepping stones to the expansion of fraud’s playground.

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The Wolf of Wall Street: From the Prosecutor’s Seat

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When did Jordan Belfort, “The Wolf of Wall Street,” make the majority of his money committing fraud? According to former U.S. Attorney Joel M. Cohen, Belfort’s fraudulent activities picked up dramatically in 1994, after he was charged with securities fraud and barred from brokering by the Securities and Exchange Commission (SEC).

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Taking the Plunge Into the Anti-Fraud Profession

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Taking the Plunge Into the Anti-Fraud Profession

How do you make a career fighting fraud? This question formed the focus of a panel discussion among key anti-fraud experts on Tuesday at the 25th Annual ACFE Fraud Conference. Introduced and moderated by Bruce Dubinsky, CFE, CPA, CVA, CFF, managing director at Duff and Phelps, LLC, the panel covered a lot of ground and answered questions from the audience about making inroads into the profession.

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