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The dark side of giving: Exposing charity fraud
From employees who embezzle funds to criminals who exploit disasters for profit, charitable organizations are vulnerable to many types of fraud schemes. The author reveals the methods perpetrators use to deceive donors and charities, and how organizations can protect themselves to carry out their philanthropic missions.
Written By: Rasha Kassem, Ph.D., CFE
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- Fraud Prevention and Deterrence
- Fraud Schemes
- Nonprofit Fraud
5 most scandalous fraud cases of 2022
It’s hard to believe, but it’s been almost three years since the start of the COVID-19 pandemic, and fraud fighters are still grappling with the fallout of frauds tied to government-relief funds. Yet, despite the massive scale of pandemic frauds and the staggering loss of money, governments made some progress after enacting task forces to investigate COVID-related frauds and recover stolen funds. And while some of the most scandalous frauds of 2022 were connected to the pandemic, it wasn’t all COVID all the time. Indeed, there were plenty of other frauds we believe will live on in infamy and serve as essential case studies for fraud examiners in the years to come. (See “Justice Department Announces COVID-19 Fraud Strike Force Teams,” U.S. DOJ press release, Sept. 14, 2022 and “Secret Service recovers $286 million in stolen COVID relief funds,” by Julia Ainsley and Sarah Fitzpatrick, NBC News, Aug. 26, 2022.)
Written By: Jennifer Liebman, CFE
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- Fraud Schemes
- Health Care Fraud
- Nonprofit Fraud
A passion for fighting corruption
Alexandra Wrage, founder and president of TRACE International and a former member of FIFA’s Independent Governance Committee, shares her thoughts on last year’s FIFA scandals, the recent release of the Panama Papers and the keys to tackling global corruption through anti-bribery and corruption compliance support.
Written By: Emily Primeaux, CFE
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- Bribery and Corruption
- Nonprofit Fraud
Raising frauds, not funds
This column is the first in a three-part series presenting many scenarios of fraud and abuse in student fundraising activities.
Written By: Joseph R. Dervaes, CFE, CIA
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- Fraud Prevention and Deterrence
- Fraud Schemes
- Nonprofit Fraud
Fraud In Houses Of Worship
Houses of worship are particularly vulnerable to fraud, but most feel they are impervious. The authors provide reasons why churches feel so bulletproof and seven practical steps fraud examiners can use to help churches stop fraud in its tracks.
Written By: Robert M. Cornell, Ph.D., CMA, Carol B. Johnson, Ph.D., Janelle Rogers Hutchinson
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- Fraud Schemes
- Nonprofit Fraud
Charity Fraud: To Give or Not to Give
Philanthropists and charities should protect themselves against fraud schemes to ensure that donated money is truly benefiting good causes. Here's information that all fraud examiners need.
Written By: Richard G. Brody, Ph.D., CFE, CPA
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- Fraud Prevention and Deterrence
- Fraud Schemes
- Nonprofit Fraud
Taking from the Givers: Employee Fraud in Humanitarian Organizations
Employees of international humanitarian organizations are givers. Unfortunately, a few are also takers. Management, often in crisis mode, unwittingly enables the fraudsters by relaxing regulations to quickly deliver aid.
Written By: Krishna Menon, LL.B., CFE, CIA
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- Fraud Schemes
- Nonprofit Fraud
Nonprofit Fraud: When the Bottom Line is Not the Bottom Line
Because nonprofit financial reporting fraud often looks quite different than it does in the for-profit world so should the methods for finding it.
Written By: Gerry Zack, CFE, CPA, CIA
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- Nonprofit Fraud
Check This Out
The executive secretary of a local charity was beloved for her hard work and generous nature. Unfortunately, she was working hard to tamper with the organization's checks so she could be generous to herself.
Written By: Dr. Joseph T. Wells, CFE, CPA
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- Fraud Prevention and Deterrence
- Fraud Schemes
- Nonprofit Fraud
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