Do Your Employees Want to Find Fraud?

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Do Your Employees Want to Find Fraud?

When ACFE Regent Kenneth Dieffenbach, CFE, took to the virtual stage at the 32nd Annual ACFE Global Fraud Conference, he reminded his audience of their pivotal role. “Fraud examination really does matter, no matter how tedious or lengthy investigations can be,” he said. He stressed the importance especially for fraud examiners working in the public sector. “No matter where you live, travel, or work, the government has to have the proper guardrails to fight and deter corruption. Some governments have a higher perception of corruption than others, but they’re all at risk for public and private corruption.”

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Learning From the SolarWinds Cyberattack: Ways to Protect Your Organization Now

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Learning From the SolarWinds Cyberattack: Ways to Protect Your Organization Now

Some cyberattacks are so groundbreaking that it takes some time before we can fully examine what happened and what we can learn from the incident. Such was the case with the SolarWinds cyberattack, which was the largest attack of its kind to date. In a virtual session during the 32nd Annual ACFE Global Fraud Conference, Stephen Head, CFE, who specializes in information security, recounted the attack and outlined how organizations can take steps right now to build better protection.

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Fraudster Video: Brett Johnson

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Fraudster Video: Brett Johnson

During the closing session of the 32nd Annual ACFE Global Fraud Conference, John Gill, vice president - education at the ACFE, spoke with convicted fraudster* Brett Johnson, who shared stories from his life as a cybercriminal.

“You never have to face your victim,” he said, when asked why he was drawn to cybercrime in particular. “You can compartmentalize your online life. Online I do all this stuff, but in real life I am a good guy.”

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Lessons From the “Original Internet Godfather”

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Lessons From the “Original Internet Godfather”

Known as the “Original Internet Godfather” for his exploits as one of the first cybercriminals, Brett Johnson’s life reads like a Hollywood film script, and his story of crime serves as a lesson for fraudsters and the law enforcement officials who hunt them down.

After being placed on the United States Most Wanted List, captured and convicted of 39 felonies, he escaped prison. Captured again, Johnson served his time and accepted responsibility. He now advises the FBI and corporate America about how to understand a virtual underworld that he helped create.

“Those 39 felonies had to do with refining a lot of the different online financial crimes we see today, from account takeovers, credit card fraud, phishing schemes and tax return identity theft,” he told John Gill, J.D., CFE, ACFE vice president – education, at the closing session of the ACFE Global Fraud Conference.

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Empowering People to Question Is the First Line of Defense Against Fraud

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Empowering People to Question Is the First Line of Defense Against Fraud

According to the U.S. Government Accountability Office, the federal government spent more than $586 billion on contracts in fiscal year 2019. With that much money floating around, it’s no surprise that fraudsters often target the contract awarding process. Vince Haecker, Ed.D., assistant special agent-in-charge in western region investigations for the U.S. Department of the Interior, Office of the Inspector General, explained to attendees at the 32nd Annual ACFE Global Fraud Conference how common fraud schemes occur in the contract process.

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Behind the Music: "White-Collar Crime" Song Lyrics

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Behind the Music: "White-Collar Crime" Song Lyrics

Attendees at the 32nd Annual ACFE Global Fraud Conference enjoyed a unique experience this week: the rugged, bluesy sound of a conference theme song focused on the fraud they fight day in and day out. “White-Collar Crime” was originally written by songwriter and musician Mike Lawrence and performed by the ACFE’s founder and Chairman Dr. Joseph T. Wells, CFE, CPA. In the 1970s, Dr. Wells and Lawrence were in a local Austin band called The Lorenzo Dunford Band. Outside of music, Lawrence was special counsel to the ACFE and served as an advisory member of the Board of Regents, as well as a faculty member.

Lee Roy Parnell, an American country and blues artist, singer and guitarist and a member of the Texas Songwriter’s Hall of Fame, produced a version exclusively for the ACFE and played throughout the event. To add to the song that is available for download, we wanted to provide attendees with the lyrics that encapsulate so much of what fraud fighters are up against. Below are the lyrics in written form, and you can also enjoy a designed PDF, and print, post or share them with colleagues and friends!

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Leading Your Anti-Fraud Team Through Tumultuous Times

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Leading Your Anti-Fraud Team Through Tumultuous Times

There was no shortage of tumultuous times over the past year and a half. A global pandemic, isolation, social unrest, a tenuous election, fear, anxiety and, what I keep hearing over and over again, a shortage of hugs. But as Mark Greenblatt, CFE, Inspector General at the U.S. Department of the Interior, said today, we can come out of these difficult times with lessons learned and tools to have for the next challenge that comes our way.

In his session, “Leading Your Anti-Fraud Team Through Tumultuous Times,” Greenblatt shared what he personally learned over the past year when leading the U.S. Department of Interior’s office of the inspector general. He focused on three themes that arose and how each serve as vital keys to unlocking your team’s success in the future.

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