Deviations From Ethical Norms: A Financial Crimes Case Study

January 27, 2021 | 2:00 p.m. ET
Duration: 75 Minutes
CPE Credits: 1.5

Don't miss your opportunity to watch one of the most popular sessions from the 31st Annual ACFE Global Fraud Conference and earn 1.5 ACFE ethics CPE. While the presentation was previously recorded, ACFE faculty member Bret Hood will be online answering your questions live during the rebroadcast.

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.

Maricopa Investments was formerly ranked as Barron’s #1 hedge fund. David 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, you will study 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
  • Determine how people can succumb to bounded ethicality, especially when serving in decision-making positions
  • Recognize how 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


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Bret Hood, CFE

21st Century Learning & Consulting

Field of Study: Behavioral Ethics
Course Level: Advanced
Prerequisite: Previous experience with complex fraud cases
Advanced Prep: None
Delivery Format: Group Internet Based

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