Breaking the Status Quo in E-mail Review

Fraud Triangle Analytics

By By Dan Torpey, CPA; Vince Walden, CFE, CPA; and Mike Sherrod, CFE, CPA

Last year, we and the ACFE first introduced Fraud Triangle Analytics (FTA) in the May/June and July/August issues of Fraud Magazine. FTA links electronic communications to the Fraud Triangle through the developing libraries of specific keywords that relate to incentive/pressure, opportunity, and rationalization – the three sides of the triangle. FTA involves searching for the occurrence of those keywords within e-mail or instant message (IM) communications.  

Since the introduction of FTA, corporations, regulators, attorneys, fraud examiners, internal auditors, and accountants have been very interested in this new methodology. In this article, we’ll share the feedback from those who’ve used this methodology on investigations and risk assessments to develop more robust, targeted, and aggressive anti-fraud programs.

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By Sean M
Very well written. I look forward to more articles down the road.
By mcrcr
This is an excellent article. Like one of the other reviewers, where can I find more information on the dashboard tool used to summarise the data ?
By Ana_3
By Josh_1
This is a great article -- I especially like the suggesting starting keywords.
By Jessica_4
I found the article to be very interesting but it left me wanting more information and didn't leave me any crumbs on where to find more information. The article references a tool and how the dashboard will automatically update, etc. but doesn't provide any information or links on how to find the tool itself. Is there a program/software, etc. that is available for practitioners? Is there more information about the technical application of the methodology?
By miguel leon