My Wall Street Heist: The Story of Gary Foster
Basic
Online
102:28
Description
Gary Foster grew up in Jamaica before moving to New Jersey, where he landed his dream job at a Big Four U.S. bank on Wall Street. However, company loyalty turned to anger as he believed he was being deliberately underpaid. Leaning on trust from his coworkers and lack of controls, Foster ultimately stole $22 million from the company and avoided detection for several years.
This on-demand webinar begins with the documentary, “My Wall Street Heist: The Story of Gary Foster.” The short film, commissioned by the ACFE and produced by CPE Studios, chronicles the multi-year scheme. After the film, Bethmara Kessler, CFE, leads a discussion with Foster about how he committed the fraud and what can be done to prevent similar occurrences.
Prerequisites
None
You Will Learn How To:
Determine the ways that fraud can be prevented and detected.
Discern common methods that individuals use to commit fraud.
Identify common motivations and thought processes of fraudsters.
CPE Information
| CPE Credit: | 2 |
|---|---|
| NASBA Information: | Behavioral Ethics |
| Advanced Preparation: | None |
| Last Updated: | April 2024 |
| Delivery Method: | QAS Self-Study |
Speakers
Gary Foster - Speaker
Convicted Fraudster
*The ACFE does not compensate convicted fraudsters.
Bethmara Kessler, CFE - Speaker
Bethmara Kessler, CFE is a passionate fraud fighter and frequently speaks on a variety of topics related to fraud prevention and detection, investigations, auditing, compliance and risk. Her career spans more than 30 years in positions that include head of integrated global services (IGS) for the Campbell Soup Company, and titles such as Chief Compliance Officer, Chief Audit Executive and Enterprise Risk Management Head. Her extensive experience also includes leadership roles in audit, risk management, information technology and corporate investigations in companies including EY, Avon Products, Nabisco, EMI Group, LBrands, The Fraud and Risk Advisory Group and Warner Music Group.
Kessler’s anti-fraud experience extends beyond professional roles to include significant involvement with the Association of Fraud Examiners; she is on the ACFE Faculty and Advisory Council and is the former Chair of the ACFE Board of Regents, as well as a contributing author to the ACFE's Fraud Examiners Manual and Fraud Casebook: Lessons from the Bad Side of Business.
Policies
CPE Credit
Please note: To be eligible for CPE credit, you must complete the final exam within one year of purchase date. You may only claim CPE credit for a course once.
ACFE Online Self-Study Courses
Features:
- 24/7 access to courses through your Internet browser
- Save time and quickly earn CPE credits with instant access, grading and printable certificate
- The flexibility to start or stop a course and pick-up right where you left off
- No additional shipping fees
Learn More about accessing your online self-study course
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System Requirements:
- Internet access: High-speed connection recommended
- Speakers required for video sound
The Association of Certified Fraud Examiners, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.
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