Understanding the Fraud Risks in Green Public Procurement

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Understanding the Fraud Risks in Green Public Procurement

When Tom Caulfield, CFE, CIG, CIGI, was commissioned to write a report on how to prepare a public procurement anti-corruption strategy for green public procurement, he initially didn’t know what green public procurement (GPP) was. His research revealed that, while the Basel Institute on Governance claims the term “green corruption,” there’s no universal definition of what green corruption entails. Thinking at first it involved mainly water and air pollution, he discovered that a more accurate definition is any corrupt or fraudulent act occurring in the procurement process that impacts the environment.

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5 Steps to Defeat an Ignorance Plea

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5 Steps to Defeat an Ignorance Plea

An ignorance plea in a fraud case is anything but for a fraud examiner. In February 2021, a tip was reported to the Tennessee Comptroller of the Treasury, raising concerns over the financial conduct and alleged theft of more than $75,000 from a non-profit named Main Street, Lawrenceburg, Inc (MSL). Michael Booher, CFE, CPA, senior investigator at the Tennessee Comptroller of the Treasury, outlined the case in his session at the 35th Annual ACFE Global Fraud Conference.

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U.S. Attorney Damian Williams Recounts the Importance of Speed in the FTX Case

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“I think in general, white collar prosecutions take far too long and they accomplish far to little in terms of general deterrence.” U.S. Attorney for the Southern District of New York, Damian Williams states when looking back on the necessary speed and efficiency his office had to accomplish in their case against Sam Bankman-Fried.

Navigating Tough Conversations in Fraud Investigations

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Navigating Tough Conversations in Fraud Investigations

When Jonathan Davison, now the managing director of Forensic Interview Solutions (FIS) Limited, worked as a detective with the Greater Manchester Police, fraud inquiries involving boxes of materials would send detectives running “like rats out of a sinking ship.” Interviewing skills going back only two or three decades were largely based on trial by fire. In his session at the 35th Annual ACFE Global Fraud Conference, Davison focused on arming attendees with strategies for managing difficult interview situations built for today’s world.

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How Digital Asset Technology Is Shaping Banking

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How Digital Asset Technology Is Shaping Banking

During his session at the 35th Annual ACFE Global Fraud Conference, David Utzke, CFE, CDFE, CFI, advised law enforcement, investigators and fraud examiners to adopt new investigative methods as digital asset (anything digital that has value, establishes ownership and is discoverable) technologies evolve.

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Navigating Diversity, Equity and Inclusion in Fraud Investigations

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Navigating Diversity, Equity and Inclusion in Fraud Investigations

At the 35th Annual ACFE Global Fraud Conference, Adesola Osuji, CFE, spoke about the transformative potential of integrating diversity, equity and inclusion (DEI) principles into the fabric of fraud investigations, emphasizing not only compliance but also ethical and empathetic practices.

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Expert Findings From the 2023 Fraud Risk Management Guide

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Expert Findings From the 2023 Fraud Risk Management Guide

In a rapidly evolving digital landscape, the application of data analytics in fraud detection and the adoption of fraud risk assessment tools as part of a comprehensive fraud risk program are more important than ever. Organizations need a trusted manual to help them navigate today’s risk landscape. During her session at the 35th Annual ACFE Global Fraud Conference, Lucia Wind, CFE, board chair and executive director of the Committee of Sponsoring Organizations (COSO), led an in-depth review of the 2023 Fraud Risk Management Guide, focusing on new and emerging guidance.

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