ACFE News ACFE Awards 30 Scholarships in 16th Year of Ritchie-Jennings Memorial Program

ACFE News 

ACFE Awards 30 Scholarships in 16th Year of Ritchie-Jennings Memorial Program 

September/October 2010 

For the 2010-2011 academic year, the ACFE Foundation awarded 30 college and university students with the Ritchie-Jennings Memorial Scholarship worth $1,000 each. This is the 16th year the ACFE has sponsored the scholarship program.

The ACFE Foundation, a nonprofit organization, raises funds to support the scholarship program for the education of collegiate accounting, business, finance, and criminal justice students around the globe. The Foundation Board of Directors are: Joseph R. Dervaes, CFE, CIA, ACFE Fellow; Mark J. Sullivan, CFE, CPI, CPP; Christine A. Dever, CFE, CFF, CPA; William J. Kresse, J.D., CFE, CPA; and Christopher Rosetti, CFE, CPA. (Retiring board members are Nancy Bradford, CFE, CPA, CIA, and Martin T. Biegelman, CFE, AFCE Fellow.)

Christopher Rosetti, who was the serving chairman of the ACFE Foundation’s Scholarship Committee when the scholarship applications were reviewed, said the Scholarship Committee evaluated 76 applications for scholarships – 68 from the United States and eight from the rest of the world. The committee then selected 24 applicants from United States and six from outside.

“This scholarship recommendation process would not have been possible without the continued help from my fellow committee members – Vickie Murphy, Larry Marks, and Norm Gierlasinski – who have been assisting me for the past few years,” said Rosetti, who was the serving chairman of the ACFE Foundation’s Scholarship Committee when the scholarship applications were reviewed. “The applications represented a broad geographic distribution throughout the world including the United States and several international countries: Denmark, Slovakia, Canada, and the United Arab Emirates,” he said. “I am continually impressed by the applicants’ desires to improve their education and their abilities to balance their work and personal lives.”

Each recipient was selected on several factors: overall academic achievement, a short essay on why he or she deserves the award and how fraud awareness will affect the student’s professional development, and several recommendation letters including one from either a local ACFE chapter member or a Certified Fraud Examiner.

Rosetti thanked the ACFE chapters and CFEs who helped market the scholarship program on a local level and wrote recommendation letters for applicants.

Every year the Foundation holds a Silent Auction at the ACFE Annual Fraud Conference and Exhibition to raise scholarship funds. In addition, Dr. Joseph Wells donates his royalties to the scholarship program and ACFE members, private and public organizations, and individuals also make contributions.

UPDATE: The Foundation Board of Directors voted to increase the scholarship award amounts starting with the 2011-2012 academic year. The scholarship award amounts are: one $10,000 scholarship, two $5,000 scholarships, four $2,500 scholarships, and 23 $1,000 scholarships.

The ACFE’s Board of Regents voted to name the scholarship program the Ritchie-Jennings Memorial Scholarship in 1998. Tracy Ritchie, CFE, and Larry Jennings, CFE, CPA, were killed Nov. 12, 1997, in Karachi, Pakistan, when terrorists fired on their vehicle during a business trip.

Learn more about the Ritchie-Jennings Memorial Scholarship and apply for the 2011-2012 academic year.

The following scholarship winners (listed alphabetically), for the 2010-2011 academic year, include: 


2010-SeptOct-RJMS-Alena-Acosta   Alena AcostaAcosta is an accounting and finance major at the University of St. Thomas. She’s a student worker at the university campus ministry where she plans and coordinates many functions. She has a 3.159 GPA. 
2010-SeptOct-RJMS-Adedotun-Adeluyi  Adedotun Adeluyi Adeluyi is an accounting and finance major at St. Francis University. He holds many campus and community leadership positions, including the vice presidency of the international student union. Adeluyi is majoring in accounting and has a 3.79 GPA. 
2010-SeptOct-RJMS-Michael-Agyapong  Michael AgyapongAgyapong is an accounting major at Lehman College, City University of New York. He maintains a 3.92 GPA while working 20 hours per week to support himself and his family. 
2010-SeptOct-RJMS-Amanda-Berg  Amanda BergBerg, a forensic accounting major at Carlow University, has a GPA of 3.9. She also works in the university’s admissions office and actively volunteers with a number of campus groups, including the university’s dance team, and SPIRIT team. Berg works part time to support her college  expenses.  
  Jennifer BinstockBinstock, who has a GPA of 3.8, is pursuing a bachelor’s degree in accounting at the University of Mary (North Dakota). She endeavors to become a CFE and work for the FBI after graduation.
  Carmel Branston (Canada)
Branston is a doctoral candidate in behavioral accounting at Queen’s University in Ontario. Her current research project involves the documentation of best practices in the application of the fraud triangle theory to prevention and detection of organizational fraud. She’s also an active volunteer for the school and other professional organizations including Family and Children Services.  
2010-SeptOct-RJMS-Misti-Cutts  Misti CuttsCutts, a student at Troy University, has a strong interest in auditing and intends to become a CFE. Her GPA is 3.54 and she is currently a member of the ACFE. She was previously named Youth of the Year for the city of Enterprise, Ala.  
2010-SeptOct-RJMS-Shanna-Done  Shanna DoneDone is enrolled in a post-baccalaureate accounting certificate program at Oregon Institute of Technology. She has a GPA of 3.5 and intends to sit for the CPA exam and pursue a career in accounting. 
  Desane EdelyneEdelyne graduated from Mercer County Community College with a 3.5 GPA and was a member of the dean’s list. She’s an accounting major at Rider University. 
2010-SeptOct-RJMS-Michelle-Ford  Michelle Ford Ford has a 3.73 GPA as she pursues her master’s degree in accounting at the College of Brockport – State University of New York. She works as a fraud examiner and wants to continue her career and obtain her CFE and CPA certifications. 
2010-SeptOct-RJMS-Ben-Fulton  Benjamin Fulton
Fulton has a perfect 4.0 GPA at Union University in Tennessee. He is majoring in accounting and is involved in Students in Free Enterprise. He is currently taking a fraud awareness class to increase his knowledge in the area of fraud prevention.
2010-SeptOct-RJMS-Nicole-Godwin  Nicole Godwin Godwin attends the University of Arkansas – Fort Smith where she is majoring in accounting and her GPA is 3.22. Her goal is to become a CPA. She is an intern for a manufacturing company in the internal audit department. 
  Christina HamptonHampton, pursuing an accounting degree at Oral Roberts University, maintains a GPA of 3.82. She is the secretary of the accounting society and an academic peer advisor to other students. Hampton has been a member of the accounting honor society since the fall of 2008 and has been on the president’s honor roll since the spring of 2009. 
2010-SeptOct-RJMS-Monica-Hostetler  Monica Hostetler
Hostetler is an accounting major at Oral Roberts University where she maintains a perfect 4.0 GPA. She is on the president’s honor roll, and she’s a member of the accounting society and Alpha Lamda Delta Honor Society. Hostetler also volunteers her time with the OSU Children’s Medical Center Outreach and serves as a keyboardist at her church’s trinity team.
2010-SeptOct-RJMS-Angeline-Kornelus  Angeline Kornelus Kornelus is working toward a degree in business administration with an accounting option at California State Polytechnic University. She has a GPA of 3.92 and also works as an accounting tutor. Kornelus plans to earn her CFE and CPA credentials.  
2010-SeptOct-RJMS-Sophie-Mumford  Sophie Mumford Mumford is an accounting and economics major at Montana State University and works at several part-time jobs. She has a 3.8 GPA and also serves as a resident hall writing tutor. Mumford served as a volleyball coach at a local middle school and is a math tutor for the students at the same school. 
2010-SeptOct-RJMS-Eric-Negangard  Eric NegangardNegangard is a doctoral candidate in the accounting and information systems department at Virginia Tech University. He previously worked in the forensic department of one of the Big Four accounting firms. Negangard earned his CFE credential in 2004 and is a CPA. 
2010-SeptOct-RJMS-Laura-Novak  Laura NovakNovak, an accounting major at Purdue University, has a 3.42 GPA and is a member of the ACFE and its Greater Chicago chapter. She’s a member of the university’s finance and accounting club and assists low-income and elderly individuals with tax return preparations. 
2010-SeptOct-RJMS-Oleksandra-Perepelytsya  Oleksandra Perepelytsya
Perepelytsya maintains a GPA of 3.7 as she pursues her bachelor’s degree in accounting and human resource management at Oakland University. She’s actively involved in the local community and the university including affiliations with the Junior Business Scholars program and the Society for Human Resource Management.
2010-SeptOct-RJMS-Matthew-Plese  Matthew PlesePlese, who attends the University of St. Thomas, is earning a degree in business administration with a concentration in accounting. He works in the school’s business department and previously served as the treasurer of a student-based investment club. He has a 3.98 GPA and looks forward to earning a CPA certification after graduating. 
2010-SeptOct-RJMS-Michelle-Prodzinski  Michelle ProdzinskiProdzinski, an accounting major at Gonzaga University, has a GPA of 3.75. She’s involved in the Hogan Entrepreneurial Leadership Program and was a member of the school’s New Venture Lab Leadership Team. She’s preparing for a career as a CPA and intends to join the local ACFE chapter. 
2010-SeptOct-RJMS-John-Rihacek  John RihacekRihacek, an accounting major at the College of New Jersey, has a perfect 3.7 GPA. He’s an Eagle Scout and a member of the accounting club and the Institute of Management Accountants Student Chapter. Rihacek is also a student accounting mentor to incoming freshman students. He intends to pursue his CPA and CFE credentials after graduation. 
2010-SeptOct-RJMS-Anthony-Sperduti  Anthony SperdutiSperduti, an accounting major at Post University, is working toward a certificate in forensic accounting with a GPA of 3.8. He’s an accounting intern in charge of reviewing employee expenses reports. Sperduti is involved in a number of extracurricular activities, and he’s the president of his junior class and the treasurer of the school’s accounting society.  
2010-SeptOct-RJMS-Jesse-Weideman  Jesse Weideman Weideman, an accounting major at Messiah College, has a 3.13 GPA. He works to support his college expenses, and he endeavors to earn his CFE and CPA credentials and pursue his master’s degree. Weideman was treasurer of the school’s investment club, and he assists in the college’s Volunteer Income Tax Assistance Program. 
2010-SeptOct-RJMS-Kristina-Wotton  Kristina WottonWotton is a criminal justice and psychology major at Villanova University. She has a GPA of 3.51 and participates in a psychology department research group. Wotton volunteers her time at the State Correctional Institution at Graterford (Pennsylvania) where she tutors inmates. 



2010-SeptOct-RJMS-Jo-Anne-Bretney   JoAnne Bretney (Antigua)
Bretney, an accounting major at The University of the West Indies, has a 3.15 GPA. She’s in charge of accounting operations at work while pursuing her degree. Bretney intends to incorporate her fraud examination skills into her work environment.
  Stanislava Husarova (Slovakia)Husarova is an accounting major at the University of Economics at Bratislava. She is currently enrolled in a doctoral program. Husarova intends to contribute to the enhancement of public awareness of fraud issues via an analysis of serious fraud cases. 
2010-SeptOct-RJMS-Nekesha-Isaac  Nekesha Isaac (Antigua)
Isaac, an accounting major at The University of the West Indies, has a 3.06 GPA. She has completed 12 hours of fraud-related courses at school and endeavors to have a career as an auditor.
  Privanka Lalwani (United Arab Emirates)Lalwani is pursuing a bachelor of business administration degree with a concentration in finance and accounting at the American University of Dubai where she has a 3.95 GPA. She has conducted comprehensive research in fraud awareness and assists in organizing conferences of emerging fraud issues. Lalwani previously worked on reviewing internal fraud control systems for her former employer. 
2010-SeptOct-RJMS-Dominyka-Sakalauskaite  Dominyka Sakalauskaite (Denmark) Sakalauskaite, a former accounting and auditing major at Aarhus University, is pursuing a doctorate at the same school. She’s studying how fraud examination should and could be integrated into the audit process with the potential of improving the auditor’s ability to identify fraud. Sakalauskaite previously worked as a risk consultant for one of the Big Four public accounting firms. 


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By Barbara_15
Enjoyed reading about the Scholarship recipients, keep up the great work! Barbara Woodward CFE Student