Month: September 2018

Putting the Freud in Fraud – Part Two

While we can’t get into the mind of the white collar criminal, we can take a closer look at high-profile individuals who have perpetrated massive fraud at corporations and instances of fraud identified in practice, as well as some research, to help is identify a pattern of similar behavioral elements common to white-collar crooks and cultural elements common to their environments.

So Your Investigation Was Shut Down

Boards and Audit Committee members this is a public service announcement. You should be really digging in and asking why an investigation was shut down. That is all!

Fraud Pentagon – An Enhancement to the Three Elements of Fraud

Today’s fraudster is clever and operates in an environment ripe for criminal activity. Economic unrest
is making it easier for employees to find ways to set fraud in motion – and a new breed of offenders is finding cunning ways to do so. After more than 60 years, the classic fraud triangle of three elements or events that motivate an employee to cross the line has morphed into The Fraud Pentagon.

Company boards and senior management must take an offensive stance against the five conditions that precipitate fraud with
a clear plan that limits the opportunity for fraud and minimizes the impact when fraud does occur.

2019 IIA Philadelphia Fraud Symposium – Update

The IIA Philadlephia is proud to announce the addition of Chelsea Binns, PhD, Assistant Professor at John Jay College of Criminal Justice, to its line up of presenters at the » Read More

Putting the Freud in Fraud – Part One

When fighting fraud many ignore the human element and that’s a mistake. While we can’t get into the mind of the white collar criminal, we can take a closer look » Read More

Enterprise Risk Management – A Practical Plan

I often ask board members, senior leaders, chief audit executives, and others about the maturity of their Enterprise Risk Management (ERM) program and I get odd responses. The oddest response » Read More

Whistleblowers: A Fraud Triage System

As the use of whistleblower programs continues to grow, many organizations find themselves struggling to manage burgeoning caseloads. As a result, serious fraud investigations can be delayed (with mounting losses) » Read More