Is Your Fraud Risk Register Complete

(2:43)Is your fraud risk register complete? Do you have 50 asset misappropriation fraud schemes? Do you have 16 corruption fraud schemes? Do you currently have 46 fraudulent statement schemes in your fraud risk register? That’s right… There are 112 core fraud schemes in total! Did you know most fraud risk registers are missing the number one way fraudsters manipulate earnings to commit financial statement fraud? …   Schedule a free strategy session today and we will help you enhance your fraud risk register for a more comprehensive fraud management strategy.   Schedule a Strategy Session FraudCast Episode on YouTubeYouTube link: https://youtu.be/EKU6k1ESrTg

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Are you supervising or leading?

(42:54)Hi, I’m Alexis C Bell. Join me on this episode of FraudCast as I talk with Sergeant Bruce Crumpler about “Are you supervising or leading?” as part of our leadership series. We get answers to questions such as:* How important is leadership in any group or organization? * What is meant by “Servant Leadership”?* What qualities make a good leader?* What style of leadership seems to get the most results?* What are some of the things you do to inspire people?* What are some challenges associated with practicing this kind of leadership?* What role does respect play in standout leadership?* How does this apply to interviewing? * and much more…… Read More

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FraudCast – Bank Statement Review Automation

Bank statement review automation. Join us on this episode of FraudCast as we discuss this with Sam Bobley, CEO of Ocrolus. We answer questions such as: How can bank statement review be automated? What is OCR? What differentiates Ocrolus from traditional OCR solutions? What value does Ocrolus technology deliver? Who are Ocrolus’s customers? How does Ocrolus price its products? And much more. YouTube link: https://youtu.be/Qo_V_RvCEyE    

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FraudCast – Interviewing in Fraud Matters

Join us on this episode of FraudCast as we discuss interviewing and interrogations in the fraud environment with Mark Anderson, Director of Training & Development of Anderson Investigative Associates LLC. We answer questions such as: How important are interviews in the digital age? What are areas of emphasis required in a fraud subject interview? How important is rapport? And much more. YouTube link: https://youtu.be/I_EvmU_V9ow Also see:Call for Subject Matter Experts to become a guest speaker on FraudCast.Helpful Speaker Tips for step by step instructions on the interview process.Join us on this episode of FraudCast as we discuss interviewing and interrogations in the fraud environment with Mark Anderson, Director of Training & Development of Anderson Investigative Associates LLC. We answer questions such as: How important are interviews in… Read More

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FraudCast – Blockchain Technology for Compliance and Managing Risk (Part 2)

Blockchain Technology for Compliance and Managing Risk (Part 2)   Join us on this episode of FraudCast as we discuss blockchain technology for compliance and managing risk with Ian Worrall, CEO of Encrypted Labs. We answer questions such as: How did you get started? How do you address people being skeptical about robots? Regulatory concerns? Private and/or government? And much more. YouTube link: https://youtu.be/Uw4gsd4z-pQ     Also see: Unlocking Economic Advantage with Blockchain: A guide for asset managers (J.P. Morgan, 2016) PDF Call for Subject Matter Experts to become a guest speaker on FraudCast. Helpful Speaker Tips for step by step instructions on the interview process.  

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FraudCast – Auto Fraud

Join us on this episode of FraudCast as we discuss fraud in the automotive industry with Todd Wolf, Vehicle Theft Investigator of the California Highway Patrol. We answer questions such as: Why is auto fraud an issue? Who are the victims in auto fraud scams? What are some of the red flags for auto fraud? How can you protect yourself from auto fraud? And much more.

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FraudCast – Blockchain Technology for Compliance and Managing Risk

Blockchain Technology for Compliance and Managing Risk   Join us on this episode of FraudCast as we discuss blockchain technology for compliance and managing risk with Ian Worrall, CEO of Encrypted Labs. We answer questions such as: What is Blockchain Technology? How can it be used to reduce systemic Fraud? What is the competitive advantage of BigchainDB? And much more. YouTube link: https://youtu.be/8m9RblWfORM     Also see: Unlocking Economic Advantage with Blockchain: A guide for asset managers (J.P. Morgan, 2016) PDF Call for Subject Matter Experts to become a guest speaker on FraudCast. Helpful Speaker Tips for step by step instructions on the interview process.  

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Fraud Risk Assessment

Specializing in antifraud for INSIDER THREAT & FRAUD MANAGEMENT. The first step in effective fraud management is the Fraud Risk Assessment. It provides much more than the inputs required for a risk-based annual audit plan. The results of the evaluation begin the process to allow for the determination of risk appetite, tolerance levels (+/- %), key risk indicators (KRIs), identification of anomalies, and the development of predefined management actions and communication strategy in response to exception reporting. Benefits of the fraud risk assessment include: Visibility into the organization’s fraud risk; Understanding of the risks by department and scheme; Prioritize antifraud efforts and allocate resources effectively by focusing on the risks… Read More

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FraudCast – ROI for Compliance

What is the ROI for compliance and fraud prevention programs? Join us on this episode of FraudCast as we discuss compliance and fraud prevention programs with Susan Walberg, Vice President & National Director of Compliance at Kohler Healthcare Inc. We answer questions such as: Why is the ROI for compliance and fraud prevention programs even a discussion? What keeps people from building a program? What are the costs and benefits? How can you keep the budget realistic given all of the risks? And much more. YouTube link: https://youtu.be/Q6V-WMvzaKc   Also see: Call for Subject Matter Experts to become a guest speaker on FraudCast. Helpful Speaker Tips for step by step instructions on the interview process. Reputation… Read More

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Taxonomy of Fraud in Microfinance

Taxonomy of Fraud in Microfinance Background One of the challenges we face in the antifraud industry is the lack of congruity between various thought leaders in how we define fraud and its many schemes. Each industry group or academic expert added great value to the advancement of the antifraud field. However, while every new distinction created a little more clarity, they all seemed to be inputs into a larger equation of the dynamic nature of what we face on a daily basis. In an effort to create a standardized fraud classification system that would apply across all fraud schemes, the Framework for a Taxonomy of Fraud was published by the… Read More

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