Deviations From Ethical Norms: A Financial Crimes Case Study   (On-Demand)


CPE Credit: 1.5 
Course Level: Advanced
Prerequisite:  Previous experience with complex fraud cases 


Description:

Why do people deviate from their ethical norms? Is it because they are bad people or because they simply made a mistake from which they couldn’t recover? Your brain works in ways of which you are consciously unaware, leading to erroneous assessments and bad decisions that seem to be right at the time they are made. Unfortunately, the moment you take your first step down the slippery slope, intentionally or unintentionally, it becomes almost impossible to recover. 


This on-demand webinar is a rebroadcast of one of the most popular sessions from the 2020 ACFE Global Fraud Conference in which ACFE faculty member Bret Hood details his investigation into David Mobley and Maricopa Investments. Maricopa Investments was formerly ranked as Barron’s No. 1 hedge fund. Mobley, the mastermind behind Maricopa, began like most of us, working with a young family to support. When Mobley was presented with an innocent opportunity, it wasn’t difficult for him to rationalize a bad decision. Approximately $140 million later, the scheme came crashing down. Using this case, Hood examines how Mobley, as well as other fraudsters, rationalize their behaviors so that, as fraud examiners, we can better understand how to investigate them. In addition, you will also learn techniques to help prevent you and other people in your organization from taking that first perilous step down the slippery slope. 

 

You Will Learn How To: 

  • Compare and contrast the effects of motivated and indirect blindness on organizational culture as it relates to ethics 
  • Identify the ways people succumb to bounded ethicality, especially when serving in decision-making positions 
  • Recognize the ways group dynamics, especially with competition and rivalry, can cause people and organizations to deviate from their ethical profile 
  • Develop practices, policies and procedures to promote honesty while improving the ethical culture of an organization 

This course fulfills the annual ethics CPE requirement for CFEs. To learn more about the ethics CPE requirement for CFEs, please visit ACFE.com/EthicsCPE.


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Webinar Information:

PRESENTER: BRET HOOD, CFE


RECORDING DATE: JANUARY 27, 2021


DURATION: 75 MINUTES


CPE Information:

You Will Learn How To: 

  • Compare and contrast the effects of motivated and indirect blindness on organizational culture as it relates to ethics 
  • Identify the ways people succumb to bounded ethicality, especially when serving in decision-making positions 
  • Recognize the ways group dynamics, especially with competition and rivalry, can cause people and organizations to deviate from their ethical profile 
  • Develop practices, policies and procedures to promote honesty while improving the ethical culture of an organization 


ADVANCED PREPARATION: NONE

FIELD OF STUDY: BEHAVIORAL ETHICS

LAST UPDATED: FEBRUARY 2021

DELIVERY METHOD: QAS SELF-STUDY

ACFE On-Demand Webinar Courses Feature:

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System Requirements:

Internet access: High-speed connection recommended

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Speakers required for video sound