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Industries

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All that glitters

If resources are valuable, fraudsters will use them to commit crimes. And they love to misuse gold, diamonds and other glittery materials from the depths of the earth. Here’s how countries are battling the schemes and what it all means for fraud examiners.

Written By: Mason Wilder, CFE

    • Fraud Schemes

Fraudulent facets

Diamond fraudsters dupe consumers of all types, including savvy investors and collectors. The global diamond trade, like many other collectable markets, is at the mercy of the absence of transparency. Buyers must cautiously scrutinize gemstones and other low-utility/high-value objects. Here are practical ways for fraud examiners to avoid rip-offs.

Written By: Donn LeVie, Jr., CFE

    • Ethics
    • Fraud Investigation and Examination

Fraud in the Mining Industry

Fraud in the mining industry can be divided into four types: environmental, forestry, occupational and reserves or resources reporting.

Written By: Diaz Priantara, CFE, CPA, CICA

    • Fraud Investigation and Examination
    • Fraud Schemes

Damaged Fingers: Minimized Employee Accident Report Forms Lead to $600,000 in Fines and Penalties

Case study of a mining company that intentionally downplayed serious injuries, resulting in the receipt of hundreds of thousands of dollars in government rebate money.

Written By: Linda Lamoureux, Wayne Pushka

    • Ethics
    • Fraud Investigation and Examination

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