May 2008

 

The Sinister New Face of Cyber-Crime

By Peter Goldmann

Back in ancient cyber-history — around the period of 1995 to 2003 or so — computer and Internet crime was generally understood to refer to primitive virus, worm and Trojan horse attacks written by mischievous geeks and the occasional disgruntled employee with exceptional computer skills.

Read more...

• Spotlight on Detecting & Preventing Billing Schemes

• ACFE 2008 Compensation Survey
• Don't Miss the World's Premier Fraud Conference

• Online Auction Supports Ritchie-Jennings Memorial Scholarship

• Recertification Standard
• This Month's Hot Discussion Forum Topic
• Experience the Benefits of ACFE Membership

• A Limited-Time Offer for Fraud Examiner Subcribers

Spotlight on Detecting and Preventing Billing Schemes
Among the fraudulent disbursement frauds, often called bogus claims (billing, expense reimbursements, check tampering, payroll, wire transfers, register disbursements), billing schemes are the most common. They involve misleading the employer to pay for fictitious goods or services, inflated invoices, or invoices for personal purchases. This month’s spotlight on fraud focuses on ways to detect and prevent billing schemes.

Read More.

ACFE 2008 Compensation Survey
As a member of the ACFE, your participation in our 2008 Compensation Survey is crucial in order to provide comprehensive and relevant information about the growth of the anti-fraud profession. The goal of the survey is to establish a set of compensation benchmarks for anti-fraud professionals during a time when more organizations seek out individuals skilled in preventing, detecting, deterring and investigating corporate fraud.

Take the Survey.

Don't Miss the World's Premier Fraud Conference

Make your plans now to attend the 19th Annual ACFE Fraud Conference and Exhibition, July 13-18, 2008 in Boston. Distinguished U.S. diplomat and U.S. Senator George J. Mitchell tops the bill of keynote speakers.

Read More.

Online Auction Supports Ritchie-Jennings Memorial Scholarship Program
Starting June 11, the ACFE will be auctioning some fun and unique items - donated by ACFE members, their organizations and our corporate sponsors - to raise money towards funding the education of future fraud-fighters.
Read More.

Recertification Standard
A new Recertification Standard has been approved by the Board of Regents and will go into effect August 26, 2008.

Read More.

 

 

"I'm currently studying for my CFE and was just reading in the interview theory section about how, ideally, only the suspect and two examiners should be in the room... However, I'm having a hard time convincing our HR department and my supervisor at my current company that this is the ideal."
Visit the ACFE Discussion Forums.

The ACFE Discussion Forums are just one benefit of ACFE membership. Are you making the most of your membership?
Get involved now.

Experience the Benefits of ACFE Membership

Discover the additional benefits of membership when you participate with your local chapter:

  • Network with leaders who can advise in your career advancement
  • Earn continuing education credits at local meetings while saving time and money
  • Engage with professionals in your community
  • Enhance leadership skills through committee and Board participation
  • Read More.

A Limited-Time Offer for Fraud Examiner Subscribers 

Save over 20% on Frankensteins of Fraud, written by ACFE founder and Chairman Joseph T. Wells, CFE, CPA.  Enter discount code FE508 during checkout to purchase Frankensteins of Fraud for $19.  Offer expires May 21, 2008.

$25 $19* Members / $39 Non-Members

Be sure to check the Fraud Examiner next month for another chance to save with the ACFE Bookstore.

*Offer available until May 21, 2008 or while supplies last.  Sales tax and shipping not included.  Discount does not apply to taxes, shipping and handling charges.  Cannot be combined with any other promotional offer nor is this offer valid on previous purchases.

Can a Fraudster Really Be Reformed?

Watch selected clips from Barry Webne's ACFE interview in 2006, in which he talks about his experience committing fraud. The dramatic interview took place before he was charged with - and pled guilty to - another $1 million embezzlement.

Do you know how much your organization is LOSING?

It could be limo rides.
It could be concert tickets.
It could be ANY unauthorized expense.

According to the Association of Certified Fraud Examiners, US organizations lose more than $660 billion annually to fraud and abuse.

Find out how ACL can save your organization money by downloading our Fraud Resource Kit today! www.acl.com/fraud.

The antidote to corporate corruption lies in effective education, and Franklin University’s groundbreaking Business Forensics and Forensic Accounting Majors build a sound foundation for fraud prevention in today’s corporate culture.

 

Discover the EthicsLine Difference

Over 65% of all reports received through EthicsLine are considered actionable, the highest in the industry.

Learn how EthicsLine combines experience and technology to create hotline programs that promote expected behaviors and allow your organization to maintain a culture of ethics and compliance. Click here to learn more.

Sponsor The Fraud Examiner

Communicate directly with ACFE members when you sponsor the Fraud Examiner e-newsletter. Contact Ross Pry at rpry@ACFE.com, or call (800) 245-3321 or +1 (512) 478-9000.

Certified Fraud Examiners Grow, As Do Opportunities

Congratulations to all members who became Certified Fraud Examiners during the month of April! Read more.

The Association of Certified Fraud Examiners is the world's premier provider of anti-fraud training and education. Together with nearly 45,000 members, the ACFE is reducing business fraud worldwide and inspiring public confidence in the integrity and objectivity within the profession.
Visit www.ACFE.com for more details.

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