The new generation speaks

By James D. Ratley, CFE
jim-ratley-80x80.jpg   From the President and CEO

Twenty-five years is just a sliver of time. And yet, the right people with the right idea at the right time can build a dynamic movement in less than a quarter of a century.

Five years ago in Fraud Magazine, we celebrated the history of the ACFE’s first two decades. In this issue, we recall our genesis, but we concentrate even more on our future. 

When Dr. Joseph T. Wells, CFE, CPA, Kathie Lawrence and I began in 1988 what was then the National Association of Certified Fraud Examiners, we didn’t know if we would have enough members to make our efforts viable. 

However, we conjectured that fraud fighters might be hungry for training and validation. We had no idea how hungry they were! 

After our initial promotional mailing to 200 investigators and 200 auditors, the applications first trickled in, then flowed through and eventually deluged our offices. The members’ eagerness for education and acceptance around the globe generated a new profession — fraud examination — and a new credential — the Certified Fraud Examiner.

Now the second generation of CFEs is building on the early members’ foundation. In this issue and the next, we hear from young CFEs in their 20s and 30s.  

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