Investigation

Kenneth Boey, CFE

As a child, Kenneth Boey read mystery novels and dreamed of fighting crime as a police officer. Now, Boey is a full-fledged fraud fighter, ensuring that his company, Etiqa Insurance, has strong controls in place to protect its systems from threats.

CFEs make significant advancements over past 10 years, 2022 Report to the Nations shows

The ACFE's 2022 survey of CFEs around the world and the occupational frauds they have detected and investigated

It's not all about money

When a cybercriminal breaches an organization’s data and financial systems, management automatically begins investigating the culprit’s financial motives. But often hackers are just curious to see if they can invade mainframes. Or they’re bored and want to have some fun. Here’s how to investigate cybercriminals’ minds, understand their nuanced purposes and then prevent more breaches.

The attorney as fraud investigator

Choosing an investigator with the right skill set is key to successfully resolving a fraud case. An attorney is often best suited for the role but not always. Here we look at the pros and cons of using someone with a legal background to investigate fraud and the challenges of wearing two hats.

Fighting the good fight

Tony Kwok knows a lot about corruption and how to fight it. He was the former deputy commissioner of the Independent Commission Against Corruption, Hong Kong’s ace anti-graft agency. He talks to Fraud Magazine about how it changed the city forever and what he’s doing now to help other countries fight fraud and corruption.

Sowing the seeds of success

ACFE President and CEO Bruce Dorris, J.D., CFE, CPA, discusses Cressey Award winner, Tony Kwok and his success fighting corruption in Hong Kong. Kwok was the deputy commissioner of Hong Kong's anti-graft agency, the Independent Commission Against Corruption (ICAC). Dorris also discusses the growing problem of corruption all over the world.

Clobbering cyberfraudsters

Rachel Wilson was a cybersecurity expert before the broader world was even aware of such threats. The former head of the U.S. National Security Agency’s cyber exploitation operations now works to protect Morgan Stanley’s wealth management clients and systems. She talks to us about the latest dangers lurking in cyberspace and much more.

Inside job

While external fraudsters who absconded with billions of dollars in pandemic relief have dominated headlines, less attention has been paid to employees scamming those very same programs. Here we spotlight internal fraud at state agencies and what organizations can do to fight this pernicious type of fraud.

Strength in diversity

The U.S. Small Business Administration’s Office of the Inspector General faced unprecedented challenges during the COVID-19 pandemic, but a diverse staff was able to weather the storm. Inspector General Hannibal Ware details how his organization built a diverse workforce able to withstand tough times and how other organizations can do the same.

The seven wonders of fraud detection analytics

Fraud is constantly evolving. So too should our technologies for detecting and preventing it. Inspired by the Seven Wonders of the World, I present my seven favorite anti-fraud techniques. Some have been in use for over a decade, some are new and evolving — but all of them are “wonderful.”

Documenting corporate deceit

Alex Gibney has documented many fraud cases in his three decades as a filmmaker. From his first big hit in 2005, “Enron: The Smartest Guys in the Room,” to the more recent documentary about Elizabeth Holmes, “The Inventor: Out for Blood in Silicon Valley,” Gibney has long been exploring the psychology of deceit and why bright and talented people turn to the dark side.

Blowing the whistle

Countries across the world are increasingly recognizing the importance of whistleblowers in the fight against corruption and fraud. Here’s some useful background for CFEs wanting to know about the latest whistleblower protections and legislation.