Are Certified Fraud Examiners (CFE) required to be licensed as Private Investigators (PI)? The short answer: It depends on your investigative activities and geographic reach. See a recent article published in Fraud Magazine for more details.
Continue ReadingCoincidences
“There are no coincidences in fraud investigations.” ~ Alexis C. Bell, CFE, PI
Continue Reading
ACFE Endorses My Fraud Books
Both of my books on fraud are now available at the Association of Certified Fraud Examiners (ACFE.com) website in the bookstore. ACFE membership discounts available.
Continue ReadingThe World of a Woman Investigator (Part II)
I recently had the pleasure of being interviewed by Samantha Schuster of The Outsider Argentina. Part two of the interview has been released.
Continue ReadingThe World of a Woman Investigator (Part 1)
I recently had the pleasure of being interviewed by Samantha Schuster of The Outsider Argentina.
Continue ReadingFraud Training Topics – What is on your mind?
Fraud Training Topics – What is on your mind? I am in the process of designing training related to antifraud measures, forensic accounting, data analysis, and fraud investigation. What training are you currently taking now? Are you satisfied with your current fraud training? What do you need in terms of fraud training in order to be successful at your job? What fraud topics are you interested in? What is your wishlist for fraud training?
Continue ReadingEmployment Background Screenings and the New EEOC Guidelines
Employment Background Screenings and the New EEOC Guidelines The U.S. Equal Employment Opportunity Commission (EEOC) is tasked with preventing workplace discrimination. Under Title VII, employment discrimination is prohibited based on race, color, religion, sex, or national origin. Under the new guidelines (“New EEOC Guidelines…”, 2012) issued in April, an employer may potentially avoid Title VII discrimination with an Individual Assessment. Prior criminal conduct can exclude an applicant from employment consideration if the following conditions are met:
Continue ReadingReputation Impact From Fraud
Reputation Impact From Fraud Stakeholders beware. A declining reputation can have a significant impact on an organization. Just two and a half years after the initial public offering (IPO) of Basin Water, Inc., they were forced to issue a press release that would prove to be the beginning of the end. The company was defunct within one year of the initial press release which indicated a potential problem involving the operational risk of financial statement fraud pertaining to revenue recognition. This is merely one example where 72% of Securities and Exchange Commission (SEC) investigations in fiscal year 2010 identified deficiencies with 42% resulting in “significant findings”. When those issues are… Read More
Continue Reading
ACFE Report to the Nations 2012 Global Fraud Survey
ACFE Report to the Nations 2012 Global Fraud Survey Issued Tuesday, May 8, 2012 Summary of Findings ___________________ • Survey participants estimated that the typical organization loses 5% of its revenues to fraud each year. Applied to the 2011 Gross World Product, this figure translates to a potential projected annual fraud loss of more than $3.5 trillion
Continue ReadingDoes your organization currently have an in-house Antifraud Program?
[polldaddy poll=6204129] ____________ What is your company’s risk for fraud? Do you have a pulse on the financial health of your company? Get your FRAUD Check-up today! Request a free consultation.
Continue Reading