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Arteniece Lee, CFE
Arteniece Lee, CFE, grew up on the south side of Chicago, Illinois. She has spent more than 25 years in the insurance industry fighting fraud in Illinois, Wisconsin and Nebraska. She currently leads business-area compliance teams, as well as fraud and money laundering risk governance, as an assistant vice president at Horace Mann Insurance Company.
Written By: Anna Brahce, CFE
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- Career and Professional Development
- Fraud Investigation and Examination
- Fraud Risk Management
How to successfully pitch fraud analytics to your organization
Anti-fraud professionals are at the forefront of the latest technologies, but many struggle to successfully pitch these investments to management. Here’s how fraud examiners can build a business case for much-needed fraud analytics tools.
Written By: Nancy Freda-Smith, CFE, CPA
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- Career and Professional Development
- Fraud Prevention and Deterrence
- Fraud Risk Management
Failures in oversight in Boston’s Big Dig collapse
Boston’s Central Artery and Tunnel Project — better known as the “Big Dig” — was a $2 billion infrastructure project that eventually ballooned to over $14 billion. A tunnel collapse in 2006 led to investigations that uncovered falsified concrete testing records and improper billing practices, resulting in hundreds of millions of dollars in legal settlements and several high-profile criminal fraud convictions.
Written By: Steve C. Morang, CFE
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- Fraud Risk Management
- Fraud Schemes
- Whistleblowing and Hotlines
Green doesn’t mean ‘go’ with the rise of all-green interaction fraud
As fraudsters become more adept at using artificial intelligence, the authors warn of a new threat to financial services organizations. Instead of using AI to forge flawless documents, attackers are now training systems to imitate legitimate customers’ activities to make fraudulent transactions.
Written By: Zachary M. Kelley, Carolyn Conn, Ph.D., CFE, CPA
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- Computers and Technology
- Cyberfraud
- Fraud Risk Management
Navigating the EU’s evolving anti-money laundering regulatory landscape
The European Union is reforming its legal framework to combat money laundering and terrorist financing in 2027. Meanwhile, financial institutions and designated nonfinancial businesses and professions must consider how these changes will af-fect their current compliance programs. The author details the new framework and proposes a four-pronged approach to align existing processes to new rules.
Written By: Niclas-Andreas Mueller, CFE
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- Anti-Fraud Laws Regulations and Compliance
- Fraud Risk Management
- Money Laundering
U.K.’s new fraud law could reshape compliance
The U.K.’s new “failure to prevent fraud” law, effective September 2025, makes large organizations criminally liable for lacking adequate anti-fraud systems. This article examines its impact on businesses, highlights weaknesses and proposed reforms, and offers compliance strategies.
Written By: Rasha Kassem, Ph.D., CFE, CPA, Martin Polaine, FCIARB, FAIADR
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- Fraud Prevention and Deterrence
- Fraud Risk Management
- Legal Elements of Fraud
How a miscommunication led to a financial scandal
Fraud schemes like the Black Friday gold scandal of 1869 capitalize on market flaws and the rules that direct them. To protect investors against financial market manipulation, fraud examiners can learn from past cases and the patterns they reveal.
Written By: Donn LeVie, Jr., CFE
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- Fraud Risk Management
- Fraud Schemes
- Securities Fraud
When fraud fighters commit fraud
It might be incomprehensible to think someone entrusted with investigating fraud could be a fraudster. But cases of anti-fraud professionals who’ve committed fraud remind us of the importance of proper oversight during fraud examinations and how “trust but verify” is a maxim for fraud fighters to live by.
Written By: Gloria A. Osei-Anokye, CFE, CPA, CGMA
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- Cryptocurrency and Digital Assets
- Fraud Risk Management
- Fraud Schemes
Celebrating a quarter-century of Fraud Week
International Fraud Awareness Week, or Fraud Week, is celebrating 25 years of community anti-fraud education.
Written By: Stefanie Hallgren, CFE
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- Fraud Prevention and Deterrence
- Fraud Risk Management
Lessons from the PFI Ponzi scheme
When California businessman Kenneth Casey died in 2020, he left behind a Ponzi scheme that defrauded more than 1,200 investors. Those investors sued Casey’s lender, Umpqua Bank, accusing it of being a partner in the scheme. In March, Umpqua agreed to pay $55 million to those investors. Here, the author details the scheme, the litigation that followed and how banks may strengthen their due diligence procedures to avoid accusations of fraud.
Written By: Francis Bueb, CFE, CPA, CISA
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- Fraud Prevention and Deterrence
- Fraud Risk Management
- Fraud Schemes
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