• July/August 2020 | Vol. 35 | No. 4

Featured Articles

  • Twisted rationalization: Overlooked component of fraud

    Fraud examiners tend to de-emphasize the rationalization factor — to the detriment of prevention efforts. Here’s some of the science behind would-be fraudsters’ justifications and how we can use it practically to deter their crimes.

    Flying the company jet too close to the sun

    Residents of C-suites and boardrooms who exhibit the “Icarus complex” often initially soar but ultimately plummet from lofty heights and take their companies with them. Here’s how organizations can identify them in the hiring process and prevent disaster.

    Anti-fraud pros are best-suited to assess organizational cultures

    Anti-fraud professionals are uniquely positioned to diagnose sick occupational cultures. Here are answers about workplace cultures that can help head off fraud before it occurs.

    Ignore waving red flags? Pay the cost

    Organizations can’t afford to be oblivious. Anti-fraud professionals are trained to be skeptical. They should teach their “trust but verify” skills to all in their spheres. Here are some cases in which the players didn’t see (or refused to acknowledge) flaming-red flying flags and paid the cost in loss of cash and reputations.

    Supply-chain fraud is alive and escalating

    The last time you probably thought about supply chains was during the early days of the COVID-19 crisis when the toilet-paper shelves were empty. But that TP had to wend its way through a complex journey from pulp mills to your home that involved many parties and chains of events. Disrupt just one step — say because of pandemic fears or fraud — and the chain breaks. Here’s how to help prevent supply chains from fraudulent acts and mitigate them when they do break.

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