In her 2019 ACFE Fraud Conference Europe session titled “Dos and Don’ts in Investigations,” Cindy Hofmann provided attendees with practical explanations of how fraud examiners should prepare for an investigation. With a calm, measured way of speaking, Hofmann methodically worked through each consideration a fraud examiner should make before, during and after an investigation.Read More
Interviews are a critically important part of a fraud investigation. Whether you are an outsider trying to get context for the victim organization’s culture, or an in-house fraud examiner trying to obtain a confession, your interviews, if successful, will provide you with insight and information you will need to close your case. With so much weight on this step of an examination, some professionals in the anti-fraud field may spend time strategizing and preparing all while overlooking a fundamental truth — your interview is a conversation between human beings.Read More
“One in four people pay bribes for public services,” Gretta Fenner quoted (from the Global Corruption Barometer 2017) during her keynote address titled, “Fighting Corruption and Returning Stolen Assets: Global Challenges and How to Make at Least Some Inroads” at the 2019 ACFE Fraud Conference Europe last week. “We have 300 people here; that means 80 of you would have paid a bribe in a 12-month period.”Read More
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.”Read More
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.Read More
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.Read More
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.Read More