Ghostbusters: Fighting Fictitious Employee Schemes

Original Air Date: May 26, 2016 at 2:00 PM EDT

Duration: 100 minutes
CPE Credit: 2

Description: Businesses are no place for ghost stories, especially if they are told in payroll reports. Fictitious or ghost employee schemes can cause significant losses that might go undetected for months or years. These losses not only include financial losses, but also losses to morale and employee engagement after the full extent of an insider threat has been exposed. This webinar will follow a case study involving a $146,000 loss to a small college and the investigation that led to the fraudster's sentencing on federal wire fraud charges. By applying lessons learned in the webinar, participants will be able to strengthen oversight and controls, deter misconduct, detect irregularities, and successfully investigate fictitious employee schemes before they cause significant losses. This webinar especially appropriate for small-to mid-range businesses and nonprofits: colleges, universities and tribal enterprises are all susceptible to ghost employee schemes.

Field of Study: Specialized Knowledge 
Course Level: Overview
Prerequisite (recommended): None
Advanced Preparation: None  

You Will Learn How To:

  • Recall the definition of fictitious or ghost payroll schemes
  • Recognize risks of fictitious or ghost payroll schemes
  • Identify strategies used to mitigate fictitious or ghost payroll schemes
  • Determine ways to work with state and federal law enforcement officers to investigate and assist in the prosecution of fictitious or ghost payroll schemes

Who Should Attend:

  • CFEs and other anti-fraud professionals
  • Investigators
  • Accountants
  • Auditors
  • Lawyers and legal professionals  

Delivery Format: Webinar

 Robert Duncan 

 Attorney-Advisor (Instructor)
 Ferdal Law Enforcement Training Centers U.S. Department of
 Homeland Security
  Read Bio

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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.