Fraud Magazine - 2009 - March-April

Ensnared In The Web - Fighting Fraud with Internet Searches

We now have tools we can use to search on the Web for the minutest details of suspected fraudsters. Use Google Alerts, social network sites, financial and relational blogs, classified and auction sites, plus new targeted search engines to find evidence that will stick.

Elephant In The Room - Sub-Material Fraud Risk

The U.S. Sarbanes-Oxley Act and its Auditing Standard 5 requirements primarily address fraud that could cause a material misstatement in a company's financial documents. But companies are losing thousands of dollars in undetected "sub-material" fraud.

Now's The Time To Update Your Anti-Fraud Plan

U.S. Laws and regulations, accounting and auditing associations, and circumstances encourage us to update our anti-fraud plans. But now we have adequate guidance to ensure compliance and deter fraud.
Martha McVeigh and Jonathan Turner Elected New ACFE Regents

ACFE Donation Establishes York College Endowed Fraud Examination Professorship

Three Agencies Join ACFE Law Enforcement Partnership

European Members, DHL Hold Joint Training

An Interview with Michael Chertoff - Before Homeland Security, A Life Of Fraud Fighting

When we hear of Michael Chertoff, many of us think of travel restrictions at the airport, illegal immigration, the war against terrorism, or hurricanes. But few know that long before he became the second secretary of the U.S. Department of Homeland Security, Chertoff got his start by tackling corporate fraud, political corruption, and organized crime.

City Abuses Citizens' Trust - Preventing Securities Fraud in Municipal Bond Issues

With the Obama Administration's infusion of billions for infrastructure improvements and repairs, CFEs soon will have the opportunity to bring their expertise to a vast number of government public projects. If San Diego is an indicator of fraudulent money management, some CFEs could be looking at a much busier professional life.

Ponzi Strikes Again - A 13-year, Multibillion-dollar Fraud Leaves Mouths

Charles Ponzi is back in the news with the alleged $50 billion Bernard Madoff scheme. But here's another Ponzi crime that might not be so prominently on your radar: entrepreneur Tom Petters has been charged with selling billions in merchandise that never existed. Learn how this happened and how frauds like this can be prevented.
Training remains critical to my fraud examination skills.

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	From The President President James D. Ratley, CFE, offers highlights for this issue
	Fraud EDge Mad About Madoff? Teach a Student
	Fraud’s Finer Points Checking Account Fraud - When Employees Steal, Part 6
	Starting Out 25 Ways to Get Career Experience
	Taking Back The ID Resolving Specific Identity Theft Problems, Part 2
	Fraud In The News How Outrageous Risks and Endless Greed Led to the Current Recession
	Digital Fingerprints Examining Underground Economy Servers