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overview of contents of May/June 2013 issue of Fraud Magazine

As a criminal fraud investigator for the U.S. Embassy, Jennifer Ikoghode, CFE, holds a myriad of responsibilities ranging from detecting visa fraud to investigating human trafficking. “I work to coordinate law enforcement responses,” says Ikoghode. “This means building synergy between the various law enforcement interlocutors by combining investigations and training, and responding to investigative enquiries from host government agencies.”

The real difficulty that anti-fraud professionals face in small businesses once they succeed isn't designing or implementing financial controls but convincing owners to make the necessary investments and give up sufficient authority to allow the controls to work.

Two newly elected members of the ACFE Board of Regents took their oaths of office during its semi-annual meeting Feb. 24-25, 2009 at ACFE headquarters in Austin, Texas.

Part 2 of an excerpt from the 2001 book “Contemporary Issues in Crime & Criminal Justice: Essays in Honor of Gilbert Geis,” about Geis and Sutherland's theories on white-collar crime

U.S. nonprofit organizations don't have to comply with the Sarbanes-Oxley Act but it could help them deter fraud. Here's help for nonprofits that want to construct anti-fraud programs.

Even if you're already using fuzzy matching and algorithms, here are some ways to utilize the classic methods and avoid some common pitfalls of accounts payable fraud.

Olivia Beauregard presents a simple, step-by-step method of fraud-risk assessment (FRA) that has been found to be reliable and time- and cost-effective for internal auditors.

In the last year, fraudsters have stolen data from thousands of debit cardholders through merchants' and service providers' faulty data security systems and then cleaned out victims' bank accounts. In part 2, we discuss industry initiatives, latest preventive technology, proposed legislation, and recommendations.

Fraud in the News   “What were you thinking when you were driving around in a Bentley?”— U.S. District Judge James D. Whittemore to Russell B. Simmons Jr., 42, owner of Simmons Auto Sales in Tampa, Fla., who filed more than 600 false tax returns and ended up with $1.8 million in refunds. Simmons claimed he filed the returns to get money to help his family, but that didn’t fly with the judge, who sentenced him to 15 years in prison.     ERIK KHALITOV/ISTOCKPHOTO  Definition of recidivism   Craig Berkman, who ran for governor of Oregon, was arrested for allegedly selling shares of various companies, including Facebook, LinkedIn and Groupon, before their initial public offerings. He gathered more than $8 million in the Ponzi scheme that ultimately collapsed, as they all do. U.S. Attorney Preet Bharara’s office in Manhattan filed criminal charges against Berkman, with two counts each of securities fraud and wire fraud. (Read our interview with Bharara.)This isn’t the first time he’s been charged with a crime. According to the Securities and Exchange Commission, his checkered past includes: A cease-and-desist order and a $50,000 fine in 2001 for offering and selling convertible promissory notes without a brokerage license. Breach of fiduciary duty, conversion of investor funds and misrepresentation to investors related to his involvement with a purported venture capital firm in 2008. A settlement with Synectic Ventures after it filed an involuntary Chapter 7 bankruptcy petition against him in 2009 for debts he didn’t pay related to an earlier judgment against him for $28 million.