Fraud and Related Party Transactions
Related party transactions could be a “red flag“, and must be evaluated with the proper skepticism! Perceived opportunities to commit
Tag: Skepticism
Today’s General Counsel: White Collar Crooks Share Certain Characteristics
October 17, 2018, Today’s General Counsel It’s a mistake to ignore the human element when fighting fraud within a corporation.
Speaking and Training on Fraud, Ethics, and More…
Best in class fraud and ethics training customized for you and your organization.
FCPA – Cash, Bribes, and the “Four Eyes Principle”
At a minimum, as part of (emphasis added) your overall fraud risk management program, the following key processes/functions should be
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.
The 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.
Fraud Tip Friday: Where did the Data come from?
In the forensics world we always strive to eliminate any debate about our findings not being grounded in the evidence.
Marks’ Five Steps to Fighting Fraud with Professional Skepticisim
A healthy dose of professional skepticism is essential in fighting fraud, even if it goes against human nature to be