Live coverage from the ACFE Global Fraud Conference, including anti-fraud articles, session highlights, video clips and photo gallery.
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.
Read MoreDuring 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.”
Read More"I looked at the numbers and realized this person's making $10,000 more than I am, and I'm supposed to be the senior person here,” said convicted fraudster* Gary Foster. “So it really pissed me off."
Foster spoke with the ACFE’s vice president- education John Gill, J.D., CFE, at the 31st Annual ACFE Global Fraud Conference to tell the story of how he embezzled $22 million from his employer Citigroup.
Read More“I was desperately in love with the things of the world,” said convicted fraudster* Tom Hughes at the closing session of the 30th Annual ACFE Global Fraud Conference. “I had to have stuff that would never love me back. Whether it was electronics in the house, or a new camera, or a new guitar or a weekend in Bermuda with my wife, I had to have stuff.”
During a Q&A interview with John Gill, J.D., CFE, ACFE Vice President – Education, Hughes detailed his motivations behind his crimes (like greed) and why he began stealing from the bank in the first place.
Read MoreWhat if there was a way to narrow down a small subset of fraudsters who have access to millions, sometimes billions, of dollars? Michael Greelis and Michael Pocalyko, co-presenters at this year’s ACFE Global Fraud Conference, believe they may have found a key indicator that could help save organizations from devastating losses.
Read More© 2024 Association of Certified Fraud Examiners, Inc. All rights reserved.
