Scammers in the Spotlight

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Scammers in the Spotlight

Grab the popcorn, uncork the wine and settle in for a wild ride. Fraudsters and their schemes are having quite a moment in pop culture. We’ve compiled a list of the most popular recent limited series, documentaries and films about fraud that can add context to known cases, illustrate some common fraud schemes and provide insight into the fraudsters at the center of these now infamous frauds. Keep in mind, some of these shows may have taken a few liberties with the details of the cases for entertainment purposes.

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Wirecard's sentinel helps trigger anti-fraud regulations

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Wirecard's sentinel helps trigger anti-fraud regulations

Two years after the implosion of German financial services provider Wirecard, the story continues to make news. The executives blamed for their roles in the accounting scandal are still fugitives, and just recently, the whistleblower’s identity was revealed. His name is Pav Gill, and the ACFE is honoring his bravery in exposing fraud at Wirecard by presenting him with this year’s Cliff Robertson Sentinel Award, which it bestows annually on a person who, without regard to personal or professional consequences, publicly discloses wrongdoing in business or government.

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Are You Ready to Seize Some Cryptocurrency?

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Are You Ready to Seize Some Cryptocurrency?

The U.S. Department of Justice (DOJ) announced in early February 2022 that they had arrested two individuals, Ilya Lichtenstein and his wife Heather Morgan. When the couple was arrested in connection with the theft of cryptocurrency from the Bitfinex cryptocurrency exchange in 2016 and subsequent laundering of the proceeds, it led to one of the most valuable seizures of illicit proceeds in law enforcement history.

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Looking for Love in all the Wrong Places: Romance Scams Expected to Swindle, not Swoon

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Looking for Love in all the Wrong Places: Romance Scams Expected to Swindle, not Swoon

Valentine’s day is here, and that means we can expect flowers, chocolates and $800 million in romance scams. A recent study conducted by Comparitech estimates that nearly 100,000 Americans will fall victim to romance scams this year, losing approximately $800 million. In the past few years, more people have taken to dating apps and websites to find love, and swindlers seek to make victims of them.

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Supply disruptions and the need for vigilance

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Supply disruptions and the need for vigilance

From paper to computer chips, products we once took for granted have become precious commodities as the global supply chain cracks under the weight of labor shortages and renewed demand in the wake of the COVID-19 pandemic. And as every fraud examiner knows, whenever there’s a need for a product or service, fraudsters are there to exploit it for their own gain.

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