Category: Fraud

 [[{“value”:” Guest Blogger Clarisse Persia, CFE Since the 15th century, the maritime industry has flourished thanks to the trade of exotic spices and later the slave trade. In the 17th century the establishment of the Dutch East India Company (VOC), the world’s first multinational corporation, privatized maritime trade, bringing the logic of profit to the seven seas. According to the...

 [[{“value”:” Laura Harris, CFE ACFE Research Specialist The days of the funny prank phone calls are over. Yes, our refrigerators are running. No, we do not need to catch them. Lately, we are more concerned about robocalls impersonating President Biden, or other government officials, sowing bad advice and/or attempting to scam any earnest listeners.   In February, the Federal Trade Commission...

 [[{“value”:” Networking serves as a cornerstone for professionals in the field of fraud examination, offering a myriad of benefits crucial for career growth and development. For fraud examiners, networking extends beyond mere socializing; it represents a strategic investment in their professional journey. From unlocking new career opportunities, to staying ahead of industry trends, networking empowers fraud examiners to thrive in...

 [[{“value”:” Since 1988, the Association of Certified Fraud Examiners (ACFE) and our leadership have remained steadfast in fulfilling our mission to reduce instances of fraud and white-collar crime, as well as assist members in all aspects of fraud detection and deterrence. While it’s commonplace in today’s workforce to change companies and roles, one of the hallmarks of the ACFE is...

 [[{“value”:” If you have the CFE Exam Prep Course, the Prep Toolkit or are planning to get either of the two, we invite you to sign up for the 90-Day CFE Exam Challenge and earn your Certified Fraud Examiner (CFE) credential by June 30, 2024.    The challenge arms you with study tips and peer support to help you stay motivated...

 [[{“value”:” One important distinction of the Association of Certified Fraud Examiners (ACFE) from other associations is the diversity of our professional base. Most members of accounting organizations, of course, are accountants. Internal auditors have a group dedicated just to them. Bar associations are comprised of attorneys. Physicians fill the rosters of medical associations. But ACFE members don’t have a single...

 [[{“value”:” Emily Homer, PhD, CFE  As I was waiting for a friend at a retail store during the recent holiday season, I overheard a front-end manager talking with a security officer. The manager described that another employee had noticed some suspicious behavior: customers of the store brought a small scale from home and were seen weighing gift cards using the...

 [[{“value”:” GUEST BLOGGER Colin May, CFE Professor, Stevenson University   Finding work in the fraud examination field can be very challenging, but this blog may help provide some perspective and ideas on how to stay motivated and resilient during a difficult job search. Be strategic in your approach to career development and use a proven methodology to help.  Make everyday a learning experience ...

 [[{“value”:” In one of the most significant miscarriages of justice in the history of the United Kingdom, more than 900 post office branch managers were wrongly accused of theft or fraud due to a flawed computer system called Horizon. This scandal, which unfolded between 1999 and 2015, has had profound consequences, including imprisonment, financial ruin and other tragic outcomes.  Investigation: ...

 [[{“value”:” February is Black History Month, a time when we celebrate the contributions and achievements of Black Americans throughout history. As we reflect on the past and present struggles of the Black community, it’s important to highlight and support organizations that are actively working to make a difference.   We will be spotlighting two organizations that are dedicated to advancing justice...

 [[{“value”:” The 2024 Anti-Fraud Technology Benchmarking Report, developed by the Association of Certified Fraud Examiners (ACFE) in partnership with SAS, highlights a significant trend in the fight against fraud. Drawing on survey data from nearly 1,200 ACFE members, this report underscores the growing interest and gradual adoption of generative artificial intelligence (AI) and machine learning (ML) in anti-fraud measures.  Generative...

 [[{“value”:” Mason Wilder, CFE Research Director Detecting and preventing fraud is a daunting task that requires anti-fraud professionals to regularly adapt to a continuously evolving risk landscape. There are consistent factors in fraud, like social engineering tactics that exploit human behavioral tendencies or external financial pressures that lead fraudsters to commit their crimes, but there are also trends and themes...

 [[{“value”:” As recipients of the ACFE Research Institute (ARI) grant, Marie Rice and David Glodstein stand at the forefront of advancing the field of fraud examination and prevention. Rice, an Assistant Professor at Siena College and Director of the Center for Anti-fraud Resources and Examination Services (CARES), and Glodstein, a seasoned educator and director at SUNY Old Westbury, embody the...

 [[{“value”:” Whether you have recently obtained your Certified Fraud Examiner (CFE) credential or are a seasoned CFE, are you aware of the numerous ways you can optimize your CFE benefits? Dive into strategies to maximize the benefits of your credential and fully immerse yourself in the world of anti-fraud professionals. In this guide, we’ll explore various strategies to help you...

 [[{“value”:” In the ever-evolving landscape of business operations, the specter of occupational fraud looms large, casting a shadow over both burgeoning startups and established companies.   To support organizations and anti-fraud professionals in combatting these challenges, the Association of Certified Fraud Examiners (ACFE) has released Occupational Fraud 2024: A Report to the Nations. The 13th edition of the ACFE’s biennial research...