Global

Keeping ships afloat: Maritime fraud affects us all

Analyzing Wirecard case via temptation, opportunity, entitlement and boldness

DOJ asks, ‘Can you show your compliance and anti-fraud program actually works?’

ACFE 31st Annual Fraud Conference Successful Virtual Turnaround

Peña and Murphy challenge us to rise up in our battles

As I listened to the stories of former U.S. Drug Enforcement Administration agents, Javier Peña and Steve Murphy — the inspirations behind the Netflix series “Narcos” — I sensed their passion for catching Pablo Escobar and other drug traffickers. Despite enduring constant danger and peril, they seized the mission to disrupt the narcotics trade in Colombia.

Murder, money laundering and the demise of Pablo Escobar

Retired U.S. Drug Enforcement Administration agents Steve Murphy and Javier Peña — the inspirations behind the hit show “Narcos” on Netflix — tell the tale of their time in Colombia, investigating and capturing notorious narcoterrorist and Colombian drug lord, Pablo Escobar. Not everything you see on TV is true, but their story comes pretty close.

Sudhir Gidwani, CFE

Sudhir Gidwani, CFE, says in 1984 he first found tremendous joy piecing together the jigsaw puzzle of unearthing fraud during his investigation of the collapse of a major local bank in Hong Kong. “As my experience in fraud and corruption investigations developed, I became more passionate about what I was doing,” he says.

All that glitters

If resources are valuable, fraudsters will use them to commit crimes. And they love to misuse gold, diamonds and other glittery materials from the depths of the earth. Here’s how countries are battling the schemes and what it all means for fraud examiners.

Recovering illicit assets offshore might become a bit easier

The British Overseas Territories (such as The Cayman Islands) and the British Crown Dependencies traditionally have been jurisdictions fraudsters use to hide proceeds of crime. However, recent legislation on the Islands could make it easier to conduct investigations into fraud and white-collar crime.

Health care providers can protect PII by obeying EU's GDPR

Fraud examiners who work for health care providers should know the stipulations of the EU’s General Data Protection Regulation to protect patients from data breaches. The law also applies to U.S. organizations that provide care for EU citizens.