“The message is quite clear — the world is changing, and with that change there is an expectation from a wide range of stakeholders,” said Laura Davies in her session on corporate ethical frameworks at the 2017 ACFE Fraud Conference Europe. “There has been a big breakdown of trust between business and the general public.”Read More
“I don't know how it is in your jurisdictions, but in Austria and Germany, there’s a good culture of trust,” said Bernhard Maier, CII, director of BM-Investigations E.U., at the 2017 ACFE Fraud Conference Europe. “We prefer to trust people. And it’s a convenient way, to trust people and not to question what they write on their CVs.”
However, as Maier explained, it's become more necessary to check applicants' backgrounds for more than their qualifications.Read More
Convicted fraudster* Kweku Adoboli first made headlines in 2011 when it was discovered that while working for UBS, he incurred the largest trading losses in British history — more than $2 billion. After serving time in prison, he now says that banks are still at risk for massive fraud.Read More
When dealing with names, anti-fraud professionals must think both about the source language and the language it is being transcribed into. Would a name that originally is written in Russian Cyrillic characters and placed on an Egyptian watch list have the same sound and root name if then translated into English or French?
Victoria Meyer, CFE, ACCA, Director of the Swiss Business Academy, discussed this potential problem during her session, “Linguistic Identity Matching” at the 27th Annual ACFE Global Fraud Conference June 14, 2016. She'll be joining the ACFE again to speak at the 2017 ACFE Fraud Conference Europe, March 19-21 in London.
Meyer is the author of Linguistic Identity Matching, which will be available for sale in the bookstore at the 2017 ACFE Fraud Conference Europe. The following is a glimpse of what she shared with attendees in 2016.Read More
Whistleblowers can be divisive characters. Celebrated by some as heroes and denounced by others as snitches, few other elements that come up during a fraud investigation can spark such polarizing labels. During her session at the 2016 ACFE Fraud Conference Asia-Pacific, Jessica Sidhu, CFE, Llb, explored the precarious position whistleblowers are in. “Is a whistleblower a good person or a bad person? Is he a traitor or is he a patriot?” she asked the audience. “Only when you’ve answered this question will you be able to take a whistleblower seriously.”Read More
World-renowned IT security expert, and co-founder of Europe’s largest anti-virus company, Eugene Kaspersky will address anti-fraud professionals 29-31 January 2017 at Atlantis, the Palm in Dubai for the 2017 ACFE Fraud Conference Middle East. Held under the patronage of His Excellency AbdulAziz Abdulla Al Ghurair, Chairman of UAE Banks Federation, this event is hosted by the Department of Economic Development (DED), Government of Dubai, in partnership with the Association of Certified Fraud Examiners (ACFE).Read More