Fraud Info: Your source for fraud news.

FraudInfo Newsletter



May 25, 2016

Video Image 

$80 Million Con

Anderson Cooper reports on the biggest, most lucrative art fraud scam in U.S. history, where a prestigious old New York art gallery sold fake works for 15 years. Watch the video.

News Headlines
Machine Learning and Fraud: Why Artificial Intelligence is Not Enough
Machine learning is all the rage in fraud detection, with industry analysts, academics, businesses and technology media examining the advantages of algorithms and big data in the fight against e-commerce fraud. Read full article.
FIFA Compliance Chief Quits, Saying Corruption Fight Threatened
FIFA's head of audit and compliance, Domenico Scala, quit to protest changes at the top of global soccer's governing body that he said will imperil efforts to eliminate corruption. 
That Insane, $81 Million Bangladesh Bank Heist? Here’s What We Know
When reports surfaced in February of a spectacular bank hack that sucked $81 million from accounts at Bangladesh Bank in just hours, news headlines snickered over a typo that prevented the hackers from stealing the full $1 billion that they were after. Read full article.
Video Image Description
Choose a Bachelor's, Master's, or Certificate in Financial Crime, Regulatory Compliance, Cybersecurity, or Fraud
Experience innovative hands-on curricula developed in collaboration with industry leaders devoted to proactively combating economic crime. Learn from faculty who passionately integrate their extensive field experience into coursework. Advance your management, technology and analytical skills to tackle financial crime from a global perspective. Learn more.
Video Image Description
Event Spotlight

Controlling the Risk of Asset Misappropriation (Live Event)

July 18-19, 2016 | Memphis, Tennessee

Learn how to stay a step ahead of the most common form of employee fraud with the ACFE's 2-day seminar, Controlling the Risk of Asset Misappropriation. This course will help you assess your organization's risk of asset misappropriation and will provide best practices for deterring and identifying the costly theft or misuse of company resources.

Register now.
Upcoming Events
Understanding the Mindset of a Fraudster + Tracing and Recovering Fraud Losses
July 18-20, 2016
Philadelphia, Pennsylvania
Developing an Integrated Anti-Fraud, Compliance and Ethics Program + Professional Interviewing Skills
August 8-11, 2016
Washington, D.C.
Auditing for Internal Fraud
August 18-19, 2016
Columbia, South Carolina
View Calendar
Job Board
Assistant Inspector General
Miami, Florida
Director of Administration
Winnipeg, Manitoba
Senior Analyst
Washington, D.C.
SIU Investigator
San Diego, California
View More Jobs
Video Image Description
La Salle University
La Salle University's online master's program in economic crimes forensics is ready to help you stay in step with the rapidly changing field — and the newest, fastest-growing career opportunities. Offered in eight week online sessions, La Salle's program prepares you to detect, deter and investigate corporate economic crime and misconduct. Learn more.
Video Image Description
Featured Resource

Ethics and Compliance Through the Eyes of an Independent Monitor (Self-Study)

CPE Credit: 2 | Course Level: Intermediate | Prerequisite: None

This course explores the role of an independent monitor and prepares your company for an assessment of your internal operations. The course examines what independent monitors look for, how they do their work and the proactive steps you can take to demonstrate improvements to ethical culture.

$99 Members / $149 Non-Members
Visit to learn more.
Video Image Description
Free White Paper Library
Download white papers from industry-leading companies on emerging trends in the fraud industry, tips to stay ahead of fraudsters and industry-specific strategies to stay current in your profession. Download now!

Sponsor FraudInfo
Communicate directly with anti-fraud professionals when you sponsor an issue of the FraudInfo e-newsletter. To learn more, contact Travis Kolaja at

Share FraudInfo
Help your colleagues stay current with fraud news and developments. Forward this e-newsletter and encourage them to subscribe today to this free resource.

Join the Conversation
Join the conversation with the ACFE and check out our blogs: ACFE Insights and FraudInfo.


The Association of Certified Fraud Examiners is the world's largest anti-fraud organization and premier provider of anti-fraud training and education. Together with more than 75,000 members, the ACFE is reducing business fraud worldwide and inspiring public confidence in the integrity and objectivity within the profession.

Visit for more details.

You received this email as part of your subscription to FraudInfo. If you no longer wish to receive the FraudInfo newsletter, please unsubscribe. If this email was forwarded to you, and you would like to begin receiving your own copy of FraudInfo, please subscribe.

The FraudInfo newsletter is published by the Association of Certified Fraud Examiners.

"ACFE," "CFE," "Certified Fraud Examiner," "CFE Exam Prep Course," "Fraud Magazine," "Association of Certified Fraud Examiners," "Report to the Nations," the ACFE Seal, the ACFE Logo and related trademarks, names and logos are the property of the Association of Certified Fraud Examiners, Inc., and are registered and/or used in the U.S. and countries around the world.

ACFE Global Headquarters: 716 West Avenue, Austin, TX, 78701-2727 USA

© 1988-2016. All rights reserved.