What tears at the fabric of a small town? Theft, betrayal and a loss of confidence in the very institutions that make the town a great place to live. This is the story of how a small gap became a gaping hole in oversight, management and internal controls, which resulted in a theft of more than $250,000.
InvestigationUnderstanding the best practices for fraud investigation is pivotal in resolving fraud allegations from inception to deposition. The proper procedures, techniques and skills must be used to conduct an effective fraud investigation. Explore internal and external investigations in depth through the following resources.
Articles and Other Resources
Identity theft attracts fraudsters because they can steal significant amounts with extreme anonymity, and victims and law enforcement can seldom pursue them. However, the authors describe an investigation that yielded the arrest and prosecution of a fraudster who used "synthetic identity theft" and other crimes to steal millions. Learn about their practical methods and a stunning twist.
Fictitious insurance claims filed by Joshua Miller, owner of a Syracuse hearing-aid dispenser, cost the New York state insurance fund $1.65 million. Learn how he, and others, edged the system to commit the crime.
Family members, friends and caregivers often prey on defenseless adults. Here’s a “starter kit” to aid CFEs on how to gather and analyze financial, medical and real estate records; present cases to prosecuting authorities; and conduct successful interviews.
Assess how your investigation team compares with teams at other organizations of a similar size or in the same industry. Us this information to help improve your investigation team's processes and allocation of resources.