Featured Article

Fraudulent T&E reports can indicate greater ethical lapses



In 2008, shortly after receiving my CFE credential, my boss emailed me asking to join her in a meeting with the company’s general counsel to discuss a travel and entertainment (T&E) matter. I was young and a newly minted CFE. I naturally felt terrified and nervous to be included in such a high-profile meeting at an early stage in my career. The general counsel told my boss and me that a member of upper management was potentially falsifying expense reports. This was my big chance to make a difference at my company to root out fraud but also make a name for myself.


For full access to story, members may sign in here.

Not a member? Click here to Join Now. Or Click here to sign up for a FREE TRIAL.

Related Articles

Calibrate your professional skepticism: How to modulate your skepticism threshold to better spot red flags

An auditor applied the correct level of skepticism and uncovered the largest government misappropriation, $6.9 million, in Washington state’s history. Here’s how the team investigated the crime, and how you can modulate your skepticism threshold to better spot red flags and evidence that otherwise might have remained hidden.

Don't take this fraud for granted

The U.S. federal government disburses billions in grants annually to worthy recipients. These awards aim to make life better by promoting research and development, finding new disease treatments plus improving education, infrastructure, housing and much more. Of course, big money attracts fraudsters. Here we examine three main types of schemes and how fraud examiners can prevent and deter grant fraud. We also dissect the government’s latest anti-fraud guidance.