ACFE Staff
Member Spotlight: Matthew Stock, J.D., CFE, CPA
Matthew Stock, J.D., CFE, CPA, is the director of the Whistleblower Rewards Practice at Zuckerman Law, where he leverages his experience as an attorney and external auditor to assist whistleblowers to investigate and disclose complex financial frauds to the government.
Written By: ACFE Staff
ACFE Voices: Charles Washington, CFE
Recently, Charles Washington, CFE, spoke on a panel for an ACFE webinar titled “A Conversation About Diversity, Equity and Inclusion in the Anti-Fraud Profession.” In this post, he digs in even further into this topic to share insights and advice on how you can make an impact in your own workplace and foster a culture of diversity, equity and inclusion as an anti-fraud professional.
Written By: ACFE Staff
ACFE Voices: Monica Modi Dalwadi, CFE, CPA
Monica Modi Dalwadi, CFE, CPA, is a managing partner in the D.C. area for Baker Tilly. She works primarily with owners and financial officers of companies, providing business consulting services. She also acts as a valued advisor to her clients as a partner and leader in risk, internal audit and cybersecurity.
Written By: ACFE Staff
Fraud Talk: Behind the Scenes of Wirecard's Billion-Dollar Accounting Fraud
In this episode of Fraud Talk, Mason Wilder, CFE, ACFE senior research specialist, and Brian Fox, vice president of strategic partnerships at Thomson Reuters and president & founder of Confirmation, discuss the rise and fall of the German payments group, Wirecard.
Written By: ACFE Staff
Apply Today for the Ritchie-Jennings Memorial Scholarship!
The Ritchie-Jennings Memorial Scholarship provides an opportunity for students to advance their education and anti-fraud career paths. Additionally, it supports their anti-fraud interests by providing a full year of ACFE membership. Award amounts are $10,000, $7,500, $5,000 and $2,000 and are paid directly to the recipient’s university or college.
Written By: ACFE Staff
Mentoring Success Story: Francesca Gabella, CFE and Aristotelis Konstantinos Koufos
Aristotelis Konstantinos Koufos and Francesca Gabella, CFE, a dynamic duo united by their shared passion for fraud prevention and audit, take us on an insightful journey through their mentor-mentee relationship and their experiences in the ACFE Mentoring Program.
Written By: ACFE Staff
Ritchie-Jennings Memorial Scholarship Recipient: Jordan Newman
Meet Jordan Newman, a driven individual who received the prestigious Ritchie-Jennings Memorial Scholarship for excelling in his professional and academic pursuits.
Written By: ACFE Staff
Ritchie-Jennings Memorial Scholarship Recipient: Hasmik Meloyan
Meet Hasmik Meloyan, one of the latest recipients of the ACFE's Ritchie-Jennings Memorial Scholarship. Hasmik's journey is a testament to her relentless pursuit of academic and professional growth, all aimed at making a significant difference in the anti-fraud arena.
Written By: ACFE Staff
Member Profile: Allison Benkert, CFE
Armed with an innate passion for justice and a keen understanding of the criminal mind, Allison Benkert, CFE, has carved a remarkable career path dedicated to unraveling fraud, seeking truth and ensuring accountability.
Written By: ACFE Staff
Spotlighting Key Organizations Championing LGBTQ+ Rights
Today, Pride Month is a time to celebrate the achievements of the LGBTQ+ community and to advocate for greater equality and acceptance. For those who identify as LGBTQ+ or are allies, it's an opportunity to learn more about the community and support their rights.
Written By: ACFE Staff
Pass the CFE Exam in 90 Days! Join the 90-Day CFE Exam Challenge
If you have the CFE Exam Prep Course, the Prep Toolkit or are planning to get either of the two, we invite you to sign up for the 90-Day CFE Exam Challenge and earn your Certified Fraud Examiner (CFE) credential.
Written By: ACFE Staff
Two New Regents Elected to 2023–24 ACFE Board of Regents
The Association of Certified Fraud Examiners (ACFE) is proud to announce that Thomas Caulfield, CFE, and Natalie Lewis, CFE, have been elected to the 2023–24 ACFE Board of Regents. Fellow Certified Fraud Examiners (CFEs) elected them from candidates selected by the Board's nomination committee. Caulfield and Lewis will take office at the Board's meeting in February.
Written By: ACFE Staff
Old Tactics, New Landscape
CFEs have a good eye for email scams and can usually spot them quickly. But sometimes the language and graphics are so convincing that they fool even the most skilled observer.
Written By: ACFE Staff
Mentoring Success Story: Holly and Caroline
The ACFE Mentoring Program connects members to anti-fraud professionals from all over the world who can offer a wealth of resources, experience, advice and guidance. Mentees can search among registered mentors to find individuals whose experience and expertise match the areas in which they wish to be mentored. Caroline Kaye initially reached out to Holly Atkins, CFE, after viewing her mentor profile on the ACFE Community, and since then the pair have been connecting through their personal and professional experience.
Written By: ACFE Staff
Member Spotlight: Sherene Teo, CFE
Sherene Teo, CFE, began her career in anti-fraud as an auditor in China and after encouragement she applied to become an in-house investigator which helped her gain experience to join her new team at Microsoft.
Written By: ACFE Staff
Fraud Talk: The Oxfraud - What a Pseudo-Academic Conspiracy Theory Tells Us About Financial Fraud
William Shakespeare is widely considered to be one of the most prolific and influential writers of all time. But one group of individuals, who call themselves “Oxfordians” and their theory the "Shakespeare Authorship Question," falsely claim that what we know to be Shakespeare's plays and poetry were actually penned by someone else.
Written By: ACFE Staff
Fraud Talk: Fraud Now, Pay Later
In this excerpt from episode 118 of Fraud Talk, Jim Ducharme, COO of Outseer, talks with Rihonna Scoggins, ACFE Community Manager, about how Buy Now, Pay Later services are being exploited through identity theft.
Written By: ACFE Staff
Member Spotlight: Ryan Cannon, Ritchie-Jennings Memorial Scholarship Recipient
Ryan Cannon is an undergraduate student studying at the University at Albany and also a proud past recipient of the ACFE’s Ritchie-Jennings Memorial Scholarship. Ryan is pursuing a dual major in Homeland Security and Business Administration.
Written By: ACFE Staff
90-Day CFE Exam Challenge Success Story: Abigail Zieglar, CFE
Abigail had her first introduction to the fraud industry when a former coworker referred her to an open position at their health insurance company. Later she began her work as a Fraud Coordinator in 2018 and since has made the transition to becoming a Fraud Analyst. In 2021, Abigail joined the 90-Day CFE Exam Challenge, where she was able to study and pass her exams within 90 days.
Written By: ACFE Staff
Fraud Talk: Following the Breadcrumbs-Tracing Cryptocurrencies in Fraud Investigations
In this excerpt from episode 117, Larry Nielson talks with Mason Wilder, CFE, about how prevalent cryptocurrency is in his fraud work, and how crypto is being used in traditional crime as a new medium.
Written By: ACFE Staff
Fraud Talk: Filling Your Anti-Fraud Toolbox
Tod McDonald, CPA and Garth Leonard, CFE, from Valid8 Financial, join ACFE Community Manager Rihonna Scoggins in the most recent episode of Fraud Talk to explore the current resources at hand for fraud examiners.
Written By: ACFE Staff
Member Spotlight: William Klun
ACFE member William Klun spent decades working in the financial industry before setting his sights on fighting fraud. In addition to his drive to seek the truth, he also spends time helping refugees find asylum. Here is his story in his own words.
Written By: ACFE Staff
Fraud Talk: The Insane, Real-Life Story of Crazy Eddie Antar
In this excerpt from episode 124 of Fraud Talk, ACFE Chief Training Officer John Gill, J.D., CFE, and Gary Weiss, author of “Retail Gangster: The Insane, Real-Life Story of Crazy Eddie,” talk about the insurance scheme Eddie Antar committed but was never caught for.
Written By: ACFE Staff
Fraud Talk: Justice for Fraud Victims - Remembering Who We’re Fighting For
In this excerpt from episode 123 of Fraud Talk, Kate Pospisil, ACFE Communications Specialist, and associate professor of accounting, taxation and business law at SUNY Old Westbury, Dr. David Glodstein, speak about how the Justice for Fraud Victims Project benefits underprivileged groups and small businesses, while allowing the next generation of fraud fighters to learn and gain professional experience.
Written By: ACFE Staff
Fraud Talk: A Look at the Growing Issue of Medical Identity Theft
While victims of traditional identity theft often catch it quickly, victims of medical identity theft may not know they are victims until they need critical medical treatment. In this episode of Fraud Talk, Scott Ward, CFE, senior vice president at Qlarant, discusses the insidious nature of medical identity theft, the impact it has on its victims and what people and governments can do to help combat it.
Written By: ACFE Staff
ACFE Launches Government Resources Hub Highlighting Focused Trainings and Resources
Now available at ACFE.com/Government, this new hub offers multiple forms of content for government and public administration professionals to expand their knowledge base and continue developing skills essential to the prevention and detection of fraud at various levels of government.
Written By: ACFE Staff
Member Spotlight: Paul McCormack, CFE
Paul McCormack, CFE, began his career in anti-fraud as a forensic accountant and after gaining a wealth of experience, he made the leap and started his own freelance writing business in the fraud and compliance space. Paul has written for countless publications and companies throughout the industry, including Fraud Magazine.
Written By: ACFE Staff
Member Spotlight: Diana Muyibi, Ritchie-Jennings Memorial Scholarship Recipient
Diana Muyibi is a graduate student studying at State University of New York (SUNY), Old Westbury and also a proud past recipient of the ACFE’s Ritchie-Jennings Memorial Scholarship. Diana is in the Master of Science in forensic accounting program and is expected to graduate this spring.
Written By: ACFE Staff
Member Spotlight: Angelica Isgleas Pacheco, CFE
Angelica Isgleas Pacheco, CFE, began her career as an auditor for an accounting firm. She found her love for fighting fraud through her career and has excelled due to her passion for her community. This is her story in her own words.
Written By: ACFE Staff
A Fresh Look and Enhanced Experience Coming to Fraud-Magazine.com
We are thrilled to announce that Fraud Magazine will relaunch an updated version of our website in the spring of 2025!
Written By: ACFE Staff
Ritchie-Jennings Memorial Scholarship Recipient: Isaac Asamoah Amponsah, CFE
Motivated by the potential for recognition, professional growth and networking within the anti-fraud community, Isaac Asamoah Amponsah seized the opportunity, seeing his scholarship not just as financial support but as a catalyst for future career advancement and impact in the field of anti-fraud.
Written By: ACFE Staff
The Future of Fraud Magazine: What’s Ahead in 2025
As part of this exciting shift, Fraud Magazine will transition to become a fully digital, online publication. The January/February 2025 issue will be the final printed and shipped version of the magazine, honoring the publication’s long history and celebrating its growth into the future.
Written By: ACFE Staff
Two New Regents Elected to 2025–2026 ACFE Board of Regents
The Association of Certified Fraud Examiners (ACFE) is proud to announce that Annemari Krugel, CFE, and Mark J. Sullivan, CFE, CPP, CFI, have been elected to the 2025–2026 ACFE Board of Regents. Fellow Certified Fraud Examiners (CFEs) elected them from candidates selected by the Board's nomination committee. Krugel and Sullivan will take office in February 2025.
Written By: ACFE Staff
Voting for the 2025–2026 ACFE Board of Regents is Now Open
This year, six candidates are on the ballot and will fill two open positions on the 2025-2026 ACFE Board of Regents. All CFEs who are in good standing have until November 30, 2024, to cast their votes. The newly elected Regents will each serve a two-year term beginning in February 2025.
Written By: ACFE Staff
Top 4 Internal Controls That Reduce Fraud Losses
Occupational Fraud 2024: A Report to the Nations not only identifies the top anti-fraud controls that can help protect organizations, but it also illustrates what can happen when controls are weak or altogether missing.
Written By: ACFE Staff
The 6 Most Common Behavioral Red Flags of Fraud
Fraud detection often requires sharp observational skills and a keen eye for detail. While many tools and techniques can aid in this process, one of the most effective methods is recognizing behavioral red flags.
Written By: ACFE Staff
The ACFE Joins Anti-Fraud Collaboration to Strengthen Global FRM Community
In the continued pursuit of reducing fraud worldwide, the Association of Certified Fraud Examiners (ACFE) has joined the Anti-Fraud Collaboration (AFC) as its newest member.
Written By: ACFE Staff
Submit Your 2024 ACFE Awards Nominations
Each year, the ACFE honors outstanding individuals and organizations who make significant contributions to fighting fraud. The ACFE is proud to recognize these exceptional individuals for their invaluable service in the ongoing fight against fraud through the ACFE Awards.
Written By: ACFE Staff
Pass the CFE Exam in 90 days! Join the 90-Day CFE Exam Challenge
If you have the CFE Exam Prep Course, the Prep Toolkit or are planning to get either of the two, we invite you to sign up for the 90-Day CFE Exam Challenge and earn your Certified Fraud Examiner (CFE) credential by March 31, 2025.
Written By: ACFE Staff
Jeanette LeVie, ACFE Chief Operating Officer, Celebrates Retirement After 32 Years of Service
Few leaders have demonstrated a commitment quite like Jeanette LeVie, who is celebrating her retirement after 32 years of service to the ACFE.
Written By: ACFE Staff
The ACFE Releases Occupational Fraud 2024: A Report to the Nations
The 13th edition of the ACFE’s biennial research report continues its pivotal role in shedding light on the pervasive issue of occupational fraud, offering unparalleled insights into the mechanics of fraud within organizations worldwide.
Written By: ACFE Staff
2024 Compensation Guide for Anti-Fraud Professionals: Key Insights and Trends
The 2024 Compensation Guide for Anti-Fraud Professionals comes with several new findings and analysis, reflecting the evolving landscape of the anti-fraud profession.
Written By: ACFE Staff
Top 8 Concealment Methods Used by Fraudsters
An act of fraud rarely occurs without subsequent acts to hide it. In the time after a fraud takes place, perpetrators are working in multiple ways to either circumvent controls or take advantage of a lack of controls.
Written By: ACFE Staff
Member Spotlight: Bernadette Kakooza, CFE
Bernadette Kakooza, CFE, is more than just an accomplished fraud fighter. As the first female Inspector General for the Detroit Public Schools Community District, she works hard for her geographic community as well as her anti-fraud community. In addition to spearheading investigations to save taxpayer money, she’s an active member of the Southeastern Michigan ACFE chapter and mentors fellow ACFE members.
Written By: ACFE Staff
CFEs elect Alexis C. Bell, CFE, PI, and Vidya Rajarao, CFE, CA, to the 2017-2018 ACFE Board of Regents
Certified Fraud Examiners elected Alexis C. Bell, CFE, PI, and Vidya Rajarao, CFE, CA, to the 2017-2018 ACFE Board of Regents from six candidates selected by the board’s nomination committee. Bell and Rajarao took office at the board’s meeting in February at ACFE headquarters in Austin, Texas.
Written By: ACFE Staff
Joining forces to manage fraud risk
The ACFE has collaborated with the Committee of Sponsoring Organizations of the Treadway Commission (COSO) to produce the Fraud Risk Management Guide (FRMG) to help organizations focus their anti-fraud efforts.
Written By: ACFE Staff
Board of Regents amends Disciplinary Procedures
Board of Regents amends Disciplinary Procedures
Written By: ACFE Staff
Nine candidates selected for ACFE Board of Regents’ ballot
Nine candidates have been selected to compete for three positions on the 2024-2025 Board of Regents. Beginning Nov. 1 and ending Nov. 30, CFEs may vote online at ACFE.com/BORvoting for their selections to replace retiring Board of Regents members, Wendy Evans, CFE; Collins Wanderi, CFE; and Chrysti Ziegler, CFE. The newly elected Regents take office in February 2024 and will each serve two-year terms.
Written By: ACFE Staff
Ready for the future
Members of the ACFE’s Board of Regents sat down with Fraud Magazine at the 35th Annual ACFE Global Fraud Conference in Las Vegas for a wide-ranging discussion about pandemic risk management, how AI is no substitute for human expertise and how important it is to attract new people to the anti-fraud profession.
Written By: ACFE Staff
In Memoriam: Joseph W. Koletar, DPA, CFE, and three members join ACFE Board of Regents for 2024-2025
The ACFE remembers Joseph W. Koletar, DPA, CFE; Kimberly A. Howell, CFE, Maheswari G. Kanniah, CFE, and Robert J. Smolich, CFE, join the ACFE Board of Regents for 2024-2025; and the ACFE Board of Regents disciplines two members.
Written By: ACFE Staff
First look at Occupational Fraud 2024: A Report to the Nations
Since the first Report to the Nation was published in 1996, the Association of Certified Fraud Examiners (ACFE) has surveyed thousands of Certified Fraud Examiners (CFEs) about the methods, costs and effects of occupational fraud. Now in its 13th edition, the Occupational Fraud 2024: A Report to the Nations provides an inside look at how fraud is committed, detected and prevented in organizations around the world.
Written By: ACFE Staff
Back together again
Fraud examiners came together for the first time since the outbreak of the COVID-19 pandemic at the 33rd Annual ACFE Global Fraud Conference in June. The association’s first hybrid event for both in-person and virtual participants enjoyed record attendance and has proven to be a winning formula.
Written By: ACFE Staff
Voting for new Board of Regents begins November, Ritchie-Jennings Memorial Scholarship Program accepting applications, In Memoriam and Board of Regents expels two members
In this ACFE News article, Fraud Magazine discusses how voting for the new Board of Regents begins in November, the Ritchie-Jennings Memorial Scholarship Program is accepting applications, Mary Sue Smith, a member of the ACFE since 2004, died June 13, and the Board of Regents expelled two members.
Written By: ACFE Staff
Fraud fighters power up at the 29th Annual ACFE Global Fraud Conference
More than 3,000 anti-fraud professionals gather at the largest anti-fraud conference in the world to power up their knowledge, networks and careers.
Written By: ACFE Staff, Emily Primeaux, CFE
ACFE News
New Board of Regents members, editor-in-chief, Paul Kilby and In Memoriam
Written By: ACFE Staff
9 candidates for ACFE Board of Regents and 2021 International Fraud Awareness Week
9 candidates for ACFE Board of Regents and 2021 International Fraud Awareness Week
Written By: ACFE Staff
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