ACFE Foundation’s Ritchie-Jennings Memorial Scholarship awards students $56,000 in funds for 2022-2023 term

The ACFE Foundation’s Ritchie-Jennings Memorial Scholarship has awarded $56,000 in funds to 25 university students from across the U.S., Canada, Nigeria and South Korea for the 2022-2023 academic year. The students, who demonstrated achievement in a field related to the anti-fraud profession, received amounts ranging from $1,000 to $10,000 — paid directly to their schools.

“We had 103 applications this year from around the world. The winners were from schools of all sizes and were interested in a wide variety of subjects from accounting to cybercrimes to education. I’m pleased to see so many young people having an interest in fraud examination and promoting this discipline into the future,” says ACFE Foundation Chairman Charles Washington, CFE. Washington is the senior director of global fraud and asset protection at Pfizer.

Ritchie-Jennings Memorial Scholarship funds are awarded to students pursuing a career in the anti-fraud field who have a declared major in either accounting, business administration, finance or criminal justice each year. The foundation also provides scholarship winners with a full year of ACFE membership.

The scholarship is named after Larry Jennings, CFE, and Tracy Ritchie, CFE. They were among five employees of the Houston, Texas-based Union Texas Petroleum Inc. who died in a terrorist attack in Karachi, Pakistan, in 1997.