Fraud

The advances in technology in recent years have led to an exponential increase in the volume of data collected and stored. How can investigators maximize data analytics to achieve the most effective—and efficient—results for their clients? The answer lies in...

In a truly extraordinary article in the New York Times (NYT), columnist Thomas L. Freidman opened the article on his interview with Crown Prince Mohammed bin Salman (MBS) with the following, “I never thought I’d live long enough to write this...

Practical action steps are needed to reduce the risk of procurement fraud. This 12 step guide will walk you through changes you can make within your company.

Procurement fraud and basketball recruiting may be in two completely different arenas, but there are crossovers between them that would surprise you. The reward vs. the risk of the choices made can alter everything. 

How financial institutions can apply AI and machine learning technologies into their AML ecosystems. The many inefficiencies of legacy transaction monitoring systems (TMS) that continue to hinder AML compliance programs. If a financial crime does not violate a stated rule,...

Today, Alexandra speaks with Eugene Soltes, a professor of Business Administration at Harvard. Eugene’s research focuses on corporate misconduct and fraud and how organizations develop compliance systems to address these. His book “Why They Do It: Inside the Mind of...

In today's episode, Alexandra interviews Peter Elkind, award-winning investigative reporter and the author of "The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron." Peter details one of the biggest corporate scandals of our time –...

Nationwide Prosecutions: "Just the Beginning" Recent DOJ and Department of Health and Human Services charges were brought against 412 defendants, across 30+ states, with defendants accused of defrauding taxpayers of approximately $1.3 billion. It’s been described as the largest health...

The Critical Importance of Training Recent events clearly reflect the rising tide of liability risk companies face for retaliation against a whistleblower. Surprisingly, a survey just conducted by NAVEX Global reveals that many companies have not committed to compliance training. ...

With Increase in Fraud, Physicians Face Stricter Regulations The Attorney General’s investigation into opioid prescription fraud and abuse will increase scrutiny on throughout the health care industry. With pain management in the spotlight, Janice Jacobs offers advice on how providers...

Evidence of Widespread Consumer Finance Violations Mounts On July 21, 2017, OSHA determined that Wells Fargo had unlawfully retaliated against a former branch manager who reported her colleagues for fraudulently opening customer accounts. The announcement marks the most recent in a series...

A Digital Transformation Increased sophistication in technology platforms, banking channels and digital initiatives has ushered in transformation in the banking industry. But these changes have also brought about increasingly sophisticated financial crimes. Bank fraud is now being committed by tech...