Richard Barbieri, CFE
Unique online marketplace presents uncommon challenges for CFE
Although he began his career in law, Richard Barbieri, CFE, found himself drawn to fraud cases. Now the senior manager of risk operations at Etsy, he deals less with money laundering cases and more with customer and merchant verification. When he isn’t overseeing his team of 20 at work, Barbieri enjoys running and cheering on his favorite baseball team.
As a marketplace, Etsy is in an uncommon position of having to ensure that both sides of the transaction are legitimate customers. For most merchants, it is simply a matter of ensuring that the person buying their goods is a legitimate customer. While the vast majority of transactions on Etsy are between legitimate members, having to police both sides of a transaction does provide an extra challenge.
When I was at the DA’s office, I assisted in the investigation and eventual prosecution of a money laundering case involving a group cashing bad checks and then attempting to launder the money through U.S. postal money orders. It was an enormously large case involving almost 40 defendants, nearly 30 bank accounts, and investigators from major banks along with the U.S. Secret Service, Postal Inspectors and the New York Police Department. The group's leader pleaded guilty before trial and received a minimum sentence of 10 years.
Holding an internationally recognized credential like the CFE has helped grow my reputation as a speaker at industry events and helped elevate my own role here at Etsy.Richard Barbieri, CFE
Senior Manager of Risk Operations
Risk and Compliance
New York City, New York, U.S.
Having grown up in New York, I’m a big Yankees fan so I spend a lot of time watching them during the summer. I’m also a runner — aiming for about 550 miles this year — but these days I spend most of my time with my fiancée planning our wedding.
ACFE membership is open to individuals of all job functions, industries and levels of experience who are interested in the prevention, detection and deterrence of fraud. If you want to level up your anti-fraud career, we can help.