Sir Rob Wainwright Encourages ‘Powering Up’ Information, Intelligence Sharing

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Sir Rob Wainwright Encourages ‘Powering Up’ Information, Intelligence Sharing

Europe is losing the fight against dirty money, said the former executive director of Europol, but it could make great strides if all law enforcement and investigative sectors “power up their cooperation” in information sharing and intelligence across all borders. During the Monday Opening Session Sir Rob Wainwright received the 2018 Cressey Award for a lifetime in achievement in the detection and deterrence of fraud. (Wainwright was recently awarded a Knighthood by the Queen in the Birthday Honours List for service to the U.K.)

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Convicted Bank Fraudster Thankful to Attendees for Allowing ‘Lex Luthor’ to Talk to the Justice League

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Convicted Bank Fraudster Thankful to Attendees for Allowing ‘Lex Luthor’ to Talk to the Justice League

The contrition of convicted fraudsters* who speak to attendees at the end of each ACFE Global Fraud Conference ranges widely. Some are desperately sorry and others are still rationalizing. Former bank executive James Scalzo, who went to prison for bank loan frauds totaling $1.4 million, seemed to want to convince attendees of the full repentance of his crimes.

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​​​​​​​Spies Now Conduct Espionage From Their Couches

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​​​​​​​Spies Now Conduct Espionage From Their Couches

“There are no hackers; there are only spies,” cybersecurity expert Eric O’Neill told attendees at the Tuesday Working Lunch. “Hacking is nothing more than the necessary evolution of espionage. As we took our information out of file cabinets and we put it into databases, and then because we wanted to communicate quickly we hooked those databases up to the Internet … we exposed ourselves to a new way of espionage.”

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Cultivating Humility, Not Confidence, in Ethics Training Can Keep Execs Out of Jail

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Cultivating Humility, Not Confidence, in Ethics Training Can Keep Execs Out of Jail

We hear so many cases about fraudsters’ rationalizations for committing their crimes. Eugene Soltes, Harvard business professor and fraud researcher, told a story during the Tuesday morning General Session about a brilliant top executive who avoided jail not because of his sterling ethics, but because he humbled himself enough to listen to the wise counsel of a dissenting voice.

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When We Tell Lies, We Leak the Truth

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When We Tell Lies, We Leak the Truth

Do you think you can detect lies? Cliff Lansley thinks you should go one step further and detect the truth.

“Some people call me a professional lie detector. I prefer to use the phrase ‘truth detector’ because when people tell lies, they leak the truth,” said Lansley, body language expert and CEO of the Emotional Intelligence Academy (EIA) and managing director of Paul Ekman International. Lansley was the keynote speaker during Monday's working lunch session.

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Calvery Encourages Courageous Cooperation Among Sectors

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Calvery Encourages Courageous Cooperation Among Sectors

“I encourage each … of you to be bold, try new methods and techniques, and be willing to fail now so you can succeed later,” said Jennifer Shasky Calvery, Global Head of Financial Crime Threat Mitigation (FCTM) at the global bank, HSBC, during the opening session on Monday, June 19. The ACFE presented Calvery with The Cressey Award for a lifetime of achievement in the detection and deterrence of fraud.

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All the Advantages of Life Didn’t Stop Roomy Khan From Crossing the Line

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All the Advantages of Life Didn’t Stop Roomy Khan From Crossing the Line

“As a girl who grew up in India and came to the U.S. — I went to some of the top schools, worked for some of the best corporations, caught all the breaks that I wanted. … But I am responsible [for my fraud] and no one else,” Roomy Khan said. “The culpability is completely mine. I should have known better. Looking forward, I hope I can now be part of the solution.”

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