AUSTIN (September 18, 2015) — More than
250 anti-fraud professionals from around the Asia-Pacific region will gather
for the
2015 ACFE
Asia-Pacific Fraud Conference at Marina Bay Sands in Singapore, November 4-6, to listen to leaders in the anti-fraud field, along with an unlikely
special guest: a convicted fraudster.
Playing a
central part in one of the most notorious corporate fraud cases in history,
Andrew Fastow, former CFO of Enron Corp., will address the very people trying
to catch fraudsters like him. Fastow will explain his role in the energy
giant’s collapse, which resulted in a $40 billion lawsuit and the world’s
largest bankruptcy at that point. He will give attendees insight into the red
flags that were ignored at Enron, and how his life was affected forever after
being convicted.
Attendees
will also hear from keynote speakers including Christophe Durand, Interpol’s
Head of Cyber Security. He will be joined by Barry Wong, Vice President and
Head of Asia Pacific for customer fraud management for MasterCard Worldwide,
Gunawan Husin, Principal Consultant for Continuum Asia PTE LTD and James D.
Ratley, President and CEO of the Association of Certified Fraud Examiners
(ACFE).
Breakout
sessions will include discussions about money laundering, the FIFA scandal and
how to use advanced analytics to catch fraud before it is able to grow.
According to
the ACFE’s 2014 Report to
the Nations on Occupational Fraud and Abuse, companies worldwide
lose an estimated 5 percent of their revenues to fraud. In the Asia-Pacific
region, the median cost of each fraud is nearly $240,000. More than half of
the fraud cases reported resulted from corruption schemes, which cost an
average of $400,000 per case.
Special
pricing for early registration is available until October 2, 2015. Visit ACFE.com/AsiaPac for more information.
About
the Association of Certified Fraud Examiners
Founded in
1988, the ACFE is the world's largest anti-fraud organization and premier
provider of anti-fraud training and education. Together with more than 75,000
members, the ACFE is reducing business fraud worldwide and inspiring public
confidence in the integrity and objectivity within the profession. For more
information, visit ACFE.com.
Contact the ACFE
For more information, email PR@ACFE.com.