2016 ACFE European

FRAUD CONFERENCE

20-22 March 2016  |  Brussels

Conference Schedule

Pre-Conference: 4 CPE | Main Conference: 16 CPE

13:00-17:00
13:00-17:00

Cliff Lansley, MIOD

CEO, Emotional Intelligence Academy

United Kingdom

Pre-Conference Getting to the Truth

Cliff Lansley, MIOD

Pre-Conference Getting to the Truth

Are people lying to you? Do you know for sure? Fraudsters, clients, customers, colleagues and even your own employees may each be hiding something from you. This session will use leading edge behavioural science to assess lies and truth. Explore the six communication channels and investigative interview approaches to evaluate truthfulness and deception. This interactive session will outline how good questioning techniques can be used to amplify behaviour that helps you judge the truthfulness of a witness or of a suspect within corporate fraud cases.

 

You Will Learn How To:

  • Understand the six channels of communication focusing on micro-facial expressions but also outlining body language, psychophysiology, voice, interactional style and verbal content
  • Analyse behavior during fraud investigations
  • Use good questioning techniques that can be used to amplify behavior which will help you to judge the truthefulness
  • Use behavior science to assess lies and truth
  • Understand behavior analysis and why it is important
  • Apply and practice these skills using a series of short videos

Level: Intermediate
Recommended Prerequisites: An understanding of the fundamentals of interviewing in a fraud examination                                                    Field of Study: Communication

9:00-10:15
9:00-10:15

Liseli Pennings, CFE

Deputy Training Director
Association of Certified Fraud Examiners

Johan Denolf

Chief Commissioner
Belgian Federal Police

General Session

Welcome, Opening and the Future of Fraud
Liseli Pennings, CFE

Under the Line of Fire, Case Studies, Fraud Fighting: The Way Forward
Johan Denolf

10:15-10:35

Networking Break

10:35-11:50
10:30-11:50 

Hugh Penri-Williams, CFE, CIA, CCSA, CRMA

Owner
Glaniad 1865

2A The 39 (Mis-) Steps

It may be easy to “fool all the people some of the time, and some of the people all of the time,” but luckily it is more difficult to fool those with a nose for fraud. Take a journey through decades of fraudulent activity with examples from the minor to major, trivial to tragic, and simple employee to general manager. The session will discuss how a variety of cases were discovered, investigated, reported and resolved. It will also identify common causes and possible mistakes made in the past and possible remedies for future fraud cases.

You Will Learn How To:

  • Be naturally inquisitive (yet not inquisitorial)
  • Hone your professional skepticism
  • Help management to fulfil their anti-fraud role while promoting ethical conduct

Level: Intermediate
Recommended Prerequisites: A fundamental knowledge of the fraud examination process
Field of Study: Specialized Knowledge and Applications

9:00-10:15

Dr. Ursula Schmidt

Senior Vice President Audit and Compliance
RTL Group SA

Paul Fournier, CFE

Senior Internal Audit Manager
RTL Group

2B Learning and Benefitting from DIY in a Fraud Examination

Dr. Ursula Schmidt

Paul Fournier, CFE

Learning and Benefitting from DIY in a Fraud Examination

Even just a hint of fraud calls for action. Internal audit teams often face a dilemma between doing it themselves and playing it safe. Do-it-yourself (DIY) solutions come with plenty of risks, particularly for small audit teams that may face issues of resources and experience in the field of fraud investigation. This case study will present, in a non-technical manner, pitfalls, challenges and lessons learned from keeping an investigation in house. In addition, this session will explain the benefits of a DIY approach for an organisation.

You Will Learn How To:

  • Understand the benefits that internal audit teams and the entire organisation can reap from a DIY approach
  • Recognize the challenges an investigation may present and how these can be addressed
  • Make an investigation lead to meaningful actions at board level

Level: Intermediate
Recommended Prerequisites: A fundamental knowledge of fraud examinations and the investigative process
Field of Study: Specialized Knowledge and Skills

11:50-13:30
12:00-13:30

Anita Raghavan

Authur/Contributor
The New York Times

General Session Trapping the Wolves of Wall Street: How the Feds Cracked America's Biggest Insider Trading Case

 

Anita Raghavan

General Session Trapping the Wolves of Wall Street: How the Feds Cracked America's Biggest Insider Trading Case

Drawing from Raghavan’s new book, The Billionaire's Apprentice: The Rise of the Indian-American Elite and the Fall of the Galleon Hedge Fund, this session will show how the Securities and Exchange Commission and the Manhattan U.S. Attorney's office built the biggest insider trading case in U.S. history from the financial equivalent of a traffic violation. Through an investigation that spanned several years, the Feds ultimately triumphed by combining remarkable shoe-leather investigative work with new tools that had never before been used in combating white-collar crime to unravel the mammoth case.

13:30-13:40

Networking Break

13:40-15:00
13:40h-14:55

Steven David Brown, CFE

Consultant

4A An Introduction to Electronic Evidence for Non-Technicians

Steven David Brown, CFE

4A An Introduction to Electronic Evidence for Non-Technicians

Anyone investigating criminal activity will be confronted sooner or later by electronic evidence. This session will provide a basic introduction to electronic evidence for non-technicians. It will explore the nature of such evidence by reference to every day experience and explain it in terms anyone can understand. It will describe where electronic evidence might be found, address the challenges involved in obtaining it and provide an overview of basic digital forensic examination.

You Will Learn How To:

  • Understand the nature and characteristics of electronic evidence
  • Understand the international elements of electronic evidence
  • Define some of the digital forensic approaches to be applied and how they can ensure evidential integrity

Level: Basic
Recommended Prerequisites: None
Field of Study: Computer Science

13:40-14:55

Matty Pleumeekers, CFE, RE, ACDA

Director
MP Analytics BV

4B Mass Data Analytics: The Hype that Saves the Day

Matty Pleumeekers, CFE, RE, ACDA

4B Mass Data Analytics: The Hype That Saves the Day

Data analytics, mass data analysis, big data, business intelligence and predictive analytics are some of the hype words in our current day-to-day business. In the hands of inexperienced users the hype has led to unexpected costs, loss of focus in their business and a lot of frustration. With standard data analysis methodology the investigator is able to design manageable chunks in order to bring focus in their data analytics. These results can then be used to quantify the exposure, find additional cases or help the customer in setting up preventive or detective anti-fraud controls. This session will discuss the importance of data analytics using a case study, show current trends in data, and show a standard approach for setting up and performing data analytics.

You Will Learn How To:

  • Use a standard approach for setting up and performing data analytics
  • Understand the challenges and pitfalls for data analysis
  • Recognise the added value of data analysis outcome based on an actual case

Level: Basic
Recommended Prerequisites: An understanding of data analytics as it relates to fraud detection and examination
Field of Study: Auditing

14:55-15:15

Networking Break

15:15-16:30
15:15-16:30

Michael Fitzgerald, CFE

Head of Special Investigations
Allied Irish Bank

5A Ethical Investigations that Support a Special Investigations Unit Framework

Michael Fitzgerald, CFE

5A Ethical Investigations That Support a Special Investigations Unit Framework

What is the role of investigation staff and management's behaviours in the commitment of fraud? This session will investigate and highlight the pitfalls and hurdles faced when undertaking internal investigations. It will then proceed to demonstrate the need for a framework that supports the activities of the special investigations department, drawing on the key factor that this is also supported by executive management as an understanding of the role of the unit. This session integrates the ethical requirements of the special investigations unit and the theory and necessity when planning, investigating and reporting on special investigation cases.

You Will Learn How To:

  • Understand what staff are required to investigate, manage and head up a special investigations unit from an ethical, educational and skills perspective
  • Consider the legal and regulatory requirements relating to civil and criminal investigations performed by the special investigations unit
  • Understand the foundation and structure of a special investigations unit framework

Level: Advanced
Recommended Prerequisites: An understanding of the components and requirements of ethical decision making as well as experience in a fraud examination environment
Field of Study: Behavioural Ethics

15:15-16:30

Martin Vaughan

Executive Associate
Forensic Interview Solutions (FIS)

5B Psychological Aspects of the Investigative Interview: Examining the Mind-Set of a Fraudster

Martin Vaughan

5B Psychological Aspects of the Investigative Interview: Examining the Mind-Set of a Fraudster

Investigative interviewing is an essential element of the investigative process that ensures natural justice and procedural fairness to all parties. To understand the root causes of fraud, psychological explanations should be sought. This session will examine the psychology of fraud. It will focus on the psychological process of how individuals think, act, react and interact within a criminal context and examine the behavioural traits of the fraudster. The session will also provide ethical solutions for the investigative interviewing of individuals who display “corporate psychopathic” tendencies.

You Will Learn How To:

  • Understand the psychology of investigative interviewing
  • Describe the four facets of psychopathy
  • Identify opportunity, motivational and rationalisation factors to fraud offending

Level: Advanced
Recommended Prerequisites: A solid understanding of the fundamentals of fraud; Interviewing experience in fraud examination environment
Field of Study: Communication

16:35-18:00

Networking Reception

9:00-10:15
9:00-10:15

Maarten Daman

Head of the Security Division and General Services Division
International Court of Justice

General Session The Future EU Data Protection Regulation: What Every Anti-Fraud Professional Should Know

 

Maarten Daman

General Session The Future EU Data Protection Regulation: What Every Anti-Fraud Professional Should Know

The EU recently reached agreement on the new EU Data Protection Regulation, which will likely enter into force in 2018. The Regulation will mark a historic privacy milestone for any organisation operating within the EU, and will have far-reaching consequences. This presentation will consider what will change by comparison with the current privacy rules under Directive 95/46/EC. It will also look at the implications for anti-fraud investigations, as well as the risks and opportunities posed by the new privacy laws in relation to such investigations. The presentation will conclude with some proposed guidance to organizations to enable them to prepare for the new EU Data Protection Regulation.

10:15-10:35

Networking Break

10:40-12:00
10:30-11:50

Jonathan Bowers

Senior Fraud and and Data Specialist
Trustev

7A Digital Fraud: Trends and Tools of the Fraudster Uncovered

Jonathan Bowers

7A Digital Fraud: Trends and Tools of the Fraudster Uncovered

Advances in technology have made fraud detection harder; therefore it is important to use these technological advances to your advantage as a fraud examiner. This session will cover many areas including the profile of a fraudster, from their demographic to their digital fingerprint, and how to spot them. Also covered are the common tools used and how hackers and fraud forums support each other to bypass existing anti-fraud tools. In addition, this session will discuss the Darknet and how recent hacking scandals are affecting fraud, identity theft and data ransom demands. Learn the new emerging trends and technologies hackers and fraudsters use to avoid detection.

You Will Learn How To:

  • Understand what fraudsters are discussing in forums and how they are attempting to commit fraud against many large institutions
  • Determine the toolss that fraudsters use, what they are and how we can detect them when in use
  • Understand the DarkNet and how fraudsters trade illegally obtained data, credit cards and hacked information

Level: Advanced
Recommended Prerequisites: Knowledge of the use of advanced technologies used to commit fraud
Field of Study: Specialized Knowledge and Applications

10:35-11:50

Peter Temminck, CFE, RFA

Investigator
NN Group

7B Bitcoin: Forensic News?

Peter Temminck, CFE, RFA

7B Bitcoin: Forensic News?

As alternative currencies such as Bitcoin grow in popularity, so do the opportunities for new types of fraud. This session will explore whether these new frauds also require new methods of investigation by comparing the Mt. Gox Bitcoin exchange fraud case with common investigation methods. This session will also discuss other publications and research that provide insight in to the investigation methods used.

You Will Learn How To:

  • Understand the way Bitcoin exchange works
  • Compare current situations with theoretical models

Level: Advanced
Recommended Prerequisites: A working knowledge and experience in the current trend in alternative currencies
Field of Study: Specialized Knowledge and Applications

11:50-13:30
11:50-13:30

Alexandra Wrage

President
TRACE International Inc.

Luncheon Session Avoiding Compliance Disasters: Lessons from FIFA

 

Alexandra Wrage

Luncheon Session Avoiding Compliance Disasters: Lessons from FIFA

As President of TRACE International President and a former member of the FIFA Independent Governance Committee, Alexandra Wrage is an internationally-recognized expert on corruption and compliance issues. Hear first-hand insights from her experiences that can help you support your organization's compliance efforts.

13:30-13:40

Networking Break

13:40-14:55
13:40-14:55

Stephen Hill, Ph.D

Director
Snowdrop Consulting Ltd (now part of Absolute Partnership Ltd)

9A Finding and Investigating Digital Footprints with Open Source Intelligence

Stephen Hill, Ph.D

9A Finding and Investigating Digital Footprints with Open Source Intelligence

When conducting an investigation online using Open Source Intelligence (OSINT) techniques, knowing how and where to search while protecting your identity is critical to the fraud examiner. With a plethora of data available online; the Internet has become a vital tool to anti-fraud professionals as web browsers, search engines and social media monitoring tools have all developed with far more capabilities to assist in the retrieval of intelligence. This session will show how to effectively use the tools available online such as geo-location tools for social media, using metadata in photos, and how to protect and hide your identity when online.

You Will Learn How To:

  • Effectively use the Internet as in investigative fraud investigation tool
  • Use advanced search techniques and geo-location tools for social media and explore meta data in photos
  • Protect and hite your identity when online

Level: Intermediate
Recommended Prerequisites: An understanding of Internet search methodologies and resources
Field of Study: Computer Science

13:40-14:55

Victoria Meyer, CFE, ACCA

Director
Swiss International Business Academy

9B Linguistic Identity Matching

Victoria Meyer, CFE, ACCA

9B Linguistic Identity Matching

Identity matching is one of the most complex technological challenges facing anti-money laundering (AML) and anti-fraud experts; it incorporates linguistics, culture, formatting and data quality issues. Often, the linguistic elements are ignored and screening systems focus on IT solutions for what is far from being a purely technical problem. This session will look at the different ways that names from different languages and cultures can be presented in identity documents and discuss the challenges of screening data containing these variations without generating too many false positives. It will also look at the linguistic techniques that can be used to overcome these challenges and completes the identity screening picture by including the kinds of variation that can be seen in other identity characteristics, such as dates of birth and geographical information.

You Will Learn How To:

  • Understand the linguistic and cultural influences that affect the ways names from around the world can be written
  • Understand the different ways that dates and country data may vary
  • Understand how to collect and store identity data for screening projects

Level: Intermediate
Recommended Prerequisites: Fraud examiners, who have experience screening identity data against compliance intelligence information, including investigators working in financial institutions
Field of Study: Specialized Knowledge and Applications

14:55-15:15

Networking Break

15:20-16:40
15:15-16:30

Mark Livschitz

Attorney
Mark Livschitz AG

Closing General Session Defective Corporate Culture and Integrity Flaws as Root Causes of Fraud: A Compliance Monitor’s View

Mark Livschitz

Closing General Session Defective Corporate Culture and Integrity Flaws as Root Causes of Fraud: A Compliance Monitor’s View

Keynote speaker Mark Livschitz share insights in effective compliance monitoring drawn from his experience with white-collar criminal defense and anti-corruption/anti-money laundering corporate compliance.