Deviations From Ethical Norms: A Financial Crimes Case Study  

Deviation from Ethical Norms
Course Level
Delivered via
1.5 Credits


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 recording 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. 


Previous experience with complex fraud cases

You Will Learn How To:

Compare and contrast the effects of motivated and indirect blindness on organizational culture as it relates to ethics

Develop practices, policies and procedures to promote honesty while improving the ethical culture of an organization

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

CPE Information

CPE Credit: 1.5 Credits
NASBA Information: Behavioral Ethics
Advanced Preparation: None
Last Updated: January 2021
Delivery Method: QAS Self-Study


Bret Hood, CFE - Speaker


CPE Credit

Please note: To be eligible for CPE credit, you must complete the final exam within one year of purchase date. You may only claim CPE credit for a course once.

ACFE Online Self-Study Courses


  • 24/7 access to courses through your Internet browser
  • Save time and quickly earn CPE credits with instant access, grading and printable certificate
  • The flexibility to start or stop a course and pick-up right where you left off
  • No additional shipping fees

Learn More about accessing your online self-study course

Learn More about online self-study courses and their features

System Requirements:

  • Internet access: High-speed connection recommended
  • Speakers required for video sound


The Association of Certified Fraud Examiners, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/


Ordering and Returns

Satisfaction Guarantee

If you are not 100% satisfied with any ACFE product, you may return it to us, provided it is in excellent condition, for a full refund of the item minus the cost of shipping. Toolkits and bundles may only be returned as a complete set.

Ordering & Returns Policy