Shell games: Investigating shell companies and understanding their roles in international fraud
Criminals use shell companies to launder money, evade taxes and perpetuate all manner of fraud. The author defines and dissects shell companies to help CFEs investigate this threat that can hit uncomfortably close to home.
Identity theft complaints drop more than 21 percent in 2013
Identity theft is an ever-present reality as criminals find new high-tech ways of gaining access to personally identifiable information. However, the situation could be improving; the U.S. Federal Trade Commission reported a decrease in complaints from 2012.
ACFE Foundation awards scholarships in 20th year of Ritchie-Jennings Memorial Scholarship Program
Emily Primeaux named assistant editor of Fraud Magazine
ACFE releases latest Report to the Nations on Occupational Fraud and Abuse
ACFE's 'Team Intangible Assets' raises nearly $15,000 in another successful BP MS 150 ride
Timothy Hediger, CFE, CRMA, CISA, explains the importance of developing an effective Ethics Program.
Fighting a culture of fraud: An interview with Dinesh Thakur
Dinesh Thakur, ACFE’s 2014 Sentinel Award recipient, discovered that his employer, Ranbaxy Laboratories, was falsifying data to receive approval of its generic drugs. His near-nine-year ordeal working with the U.S. Food and Drug Administration eventually led to Ranbaxy’s seven-felony count guilty plea.
Big risks require big-data thinking
An EY survey indicates that companies need to look at a broader set of risks, incorporate more data sources, use better tools and move to real-time or near-real time analysis of increased data volumes.
Iconic Fraud Triangle endures: Metaphor diagram helps everybody understand fraud
One of the creators of the venerable Fraud Triangle describes its history, rationale and uses for preventing, deterring, detecting and investigating fraud (and other crimes).
Does your company utilize an anonymous hotline to receive tips about possible fraud?