The Dark Nexus of Fraud and Human Trafficking in the Private Sector 

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The Dark Nexus of Fraud and Human Trafficking in the Private Sector 

Tuesday morning of the 35th Annual ACFE Global Fraud Conference, Matt Friedman, CEO of The Mekong Club, an organization of Hong Kong’s leading businesses joined to end all forms of human trafficking, took the main stage. Friedman explored the violent and terrifying reality of human trafficking schemes around the world, including his own interactions with victims and their stories. But, where do we, as fraud examiners, come in? Where do we find the intersection of fraud examination and the dark reality of modern slavery? Friedman says it is not as far as we think. 

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The Dangers of Whistleblowing: Sarah Carver and Jennifer Griffith

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In this video, Sarah Carver and Jennifer Griffith detailed the sense of danger they were in after they reported their concerns over potential fraud in the Social Security Administration during their session at the 35th Annual ACFE Global Fraud Conference.

Predators Versus Situational Fraudsters

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Predators Versus Situational Fraudsters

During her Tuesday morning breakout session, “Expanding Fraud Risk Awareness: Rationalization and Dark Triad Personalities,” Stephanie Mongiello, J.D., CFE, used Wood as an example of a predator-type fraudster. According to Mongiello, predator-type fraudsters are serial offenders noted for their lack of conscience. They are always on the lookout for an opportunity to commit fraud.

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Addressing the Mind of the Perpetrator

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Addressing the Mind of the Perpetrator

According to Steven Dawson, CFE, CPA and president of Dawson Forensic Analytics, the best internal control that can be implemented at organizations, regardless of size or complexity, is increasing the perception of detection. That was the subject of his educational session, “Increasing the Perception of Detection: Controls that Address the Mind of the Perpetrator,” presented virtually during the 35th Annual ACFE Global Fraud Conference.

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3 Ways to Reduce a Nonprofit’s Fraud Risk

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3 Ways to Reduce a Nonprofit’s Fraud Risk

This classic case of embezzlement is one of many case studies of nonprofit fraud schemes presented by Rollie Dimos, CFE, CIA, CISA, during the 35th Annual ACFE Global Fraud Conference. Dimos, director of Internal Audit and the Center for Leadership and Stewardship Excellence at the Assemblies of God national office, said Ameer’s scheme illustrates the convergence of the three elements of the Fraud Triangle: pressure, opportunity and rationalization.

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U.S. Attorney Damian Williams Collapses the Distance Between Crime and Consequence

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U.S. Attorney Damian Williams Collapses the Distance Between Crime and Consequence

“I’ve always believed that we have to collapse that distance between crime and consequence,” Damian Williams told attendees of the 35th Annual ACFE Global Fraud Conference in Las Vegas, Nevada. “Otherwise, the message that gets sent to the broader world, and, in particular, people who may be thinking about breaking the law, is diluted. For me, it was making sure that we showed the world just how quickly the Southern District of New York could move.”  

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