Ghostbusters: Fighting Fictitious Employee Schemes
|Original Air Date: May 26, 2016 at 2:00 PM EDT
Duration: 100 minutes
CPE Credit: 2
Description: Businesses are no place for ghost stories, especially if they are told in payroll reports. Fictitious or ghost employee schemes can cause significant losses that might go undetected for months or years. These losses not only include financial losses, but also losses to morale and employee engagement after the full extent of an insider threat has been exposed. This webinar will follow a case study involving a $146,000 loss to a small college and the investigation that led to the fraudster's sentencing on federal wire fraud charges. By applying lessons learned in the webinar, participants will be able to strengthen oversight and controls, deter misconduct, detect irregularities, and successfully investigate fictitious employee schemes before they cause significant losses. This webinar especially appropriate for small-to mid-range businesses and nonprofits: colleges, universities and tribal enterprises are all susceptible to ghost employee schemes.
Field of Study: Specialized Knowledge
Course Level: Overview
Prerequisite (recommended): None
Advanced Preparation: None
You Will Learn How To:
- Recall the definition of fictitious or ghost payroll schemes
- Recognize risks of fictitious or ghost payroll schemes
- Identify strategies used to mitigate fictitious or ghost payroll schemes
- Determine ways to work with state and federal law enforcement officers to investigate and assist in the prosecution of fictitious or ghost payroll schemes
Who Should Attend:
- CFEs and other anti-fraud professionals
- Lawyers and legal professionals
Delivery Format: Webinar
Ferdal Law Enforcement Training Centers U.S. Department of
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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.learningmarket.org.