Fraud
According to a report by Dun & Bradstreet, compliance and procurement professionals indicate that fraud tops the list of challenges, and technological advances exacerbate the problem. Brian Alster discusses the approach compliance leaders should take to protect the organization. Compliance...
Read more
Detecting potentially fraudulent customers and transactions and projecting compelling visual insights have traditionally been a rule-based model plus BI game zone. In this era of high-velocity and voluminous data, we have gradually adopted machine learning and advanced analytics in this...
Read more
Walgreens reached a settlement on Tuesday, concluding a six-year investigation into the company’s pharmacy and drug-pricing practices, initiated by a whistleblower and former pharmacy manager. CCI reports on the specifics of the case and the historic settlement. The attorney representing...
Read more
4 Common Ways Companies Miss the Mark Organizations of all sizes and industries continue to assume the risk of reputational damage, following the suspicion or revelation of fraud. The signals of fraud risks can be faint, but effectively sensing and...
Read more
And Striking the Right Balance to Fight It The reality is that the vast majority of corporations have a fraud problem to some degree. It’s a growing problem – one indicator pointing to a rise in overall economic crime globally....
Read more
The Outlook for AML in the Year Ahead 2018 proved to be a challenging year in the fight against money laundering. Criminals continued to come up with schemes to hide and cash out on their dirty money. With new legislation...
Read more
Taking a Robust Approach to Stamp Out Trader Fraud The globalization of financial institutions has come with an increasingly fragmented communications landscape. Traders in Hong Kong, for instance, communicate very differently from those in New York, using different mediums and...
Read more
Ideas to Maximize Hotline Effectiveness It could be a good sign if the phones aren’t ringing at your organization’s hotline – or it could be indicative of a failing ethics and compliance program. Ron Kral discusses how to maintain a...
Read more
Liability Under the False Claims Act The government can be slow, but it catches up. The DOJ and whistleblowers have recently targeted private equity firms and individuals in False Claims Act cases based on officer and director roles and/or involvement...
Read more
Steps Companies Can Take to Improve Compliance and Reduce Risk Every year, billions of laundered dollars are moving through financial institutions without detection. Current detection systems aren’t keeping pace with criminals’ ability to outmaneuver them. Financial crime is a complex...
Read more
Supreme Court Decision Restricts Recompense A recent Supreme Court ruling – in which the Mandatory Victims Restitution Act of 1996 was central – should put corporate victims of fraud on alert. Moore & Van Allen Partner Frank Schall discusses the...
Read more
The New Solutions for Financial Crimes Compliance Management (FCCM) The methods for perpetrating fraud are continually evolving, so an effective approach for fighting fraud must change with the times. Ajay Katara discusses further why banks must adopt newer technologies to...
Read more
- Terry Wayne Kelly and Kelly Management, LLC August 22, 2019SEC Charges Mississippi Company and its Principal with Fraud in Timber Ponzi Scheme
- Andrew J. Kandelapas August 20, 2019SEC Obtains Final Judgment Against CEO in Penny Stock Fraud Scheme
- Crystal World Holdings, Inc., et al. August 19, 2019SEC Charges Issuer for Misleading Investors in the Sale of Unregistered Securities
