Conmen and Development Grants: A Case Study

Conmen and Development Grants: A Case Study

At the 35th Annual ACFE Global Fraud Conference, Daniel Porter, CFE, a speaker and investigative fraud consultant at D. Porter Solutions, presented a captivating session titled “Two Conmen + One Development Grant = $3M Fraud”. His presentation detailed a complex case of grant fraud involving two cunning individuals and a mismanaged development grant that resulted in a $3 million loss.

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Can a Ghost be Revived? The Case Study of a Missing Nonprofit 

Can a Ghost be Revived? The Case Study of a Missing Nonprofit 

At the 34th Annual ACFE Global Fraud Conference Michael Booher, CFE, CPA at the Tennessee Comptroller of the Treasury scared his audience with a fraud ghost story during his session “Ghost Story: A Case Study of a Nonprofit That Disappeared.” The subject company of the investigation, Phases, Inc., was a nonprofit dedicated to helping women with substance abuse issues in Tennessee. Phases, Inc. was a recipient of a grant from the Department of Mental Health and Substance Abuse Services (MHSAS), when MHSAS noticed a red flag and a tip was reported to the Comptroller of the Treasury.  

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How a $12.5 Million Indictment Turned Out to be a $3 Million Loss

How a $12.5 Million Indictment Turned Out to be a $3 Million Loss

A $12.5 million indictment turned out to be a $3 million loss. How did this happen? During her session at the 34th Annual ACFE Global Fraud Conference, CEO and Founder of Acuity Forensics Tiffany Couch, CFE, CPA/CFF, walked attendees through a case study in which her determination to find accurate information revealed a 78.07% overstatement that, once uncovered, decreased the number of counts charged and incarceration time for her client.

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