Unified Truth Seekers Expose Fraud and Corruption

Unified Truth Seekers Expose Fraud and Corruption

When you think of how the Panama Papers unfolded, you could imagine a scene from a movie: a hero with great hair meeting with an anonymous source on a park bench and exchanging code words. But, as we know, our realities can be much stranger than fiction. The initial exchange of the Panama Papers began at Bastian Obermayer’s parents’ home in Germany.

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2 New Regents Elected to 2019-2020 ACFE Board of Regents

2 New Regents Elected to 2019-2020 ACFE Board of Regents

The ACFE is proud to announce that Eric R. Feldman, CFE, CIG, CCEP-I, and Bethmara Kessler, CFE, CISA, have been elected to the 2019-2020 ACFE Board of Regents. Fellow CFEs elected them from candidates selected by the Board's nomination committee. Feldman and Kessler will take office at the Board's meeting in February at ACFE headquarters in Austin, Texas. 

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Australia Takes a Big Step Forward in Whistleblower Protection

Australia Takes a Big Step Forward in Whistleblower Protection

After years of working with these issues on a global scale, we are happy to see Australia becoming the next in an increasingly longer line of jurisdictions moving to enhance the protection of whistleblowers. The Australian Senate recently adopted the Treasury Laws Amendment (Enhancing Whistleblower Protections) Bill 2017. According to the Explanatory Memorandum, the new laws will affect approximately 33,000 companies in Australia. Costs of non-compliance can be high, including criminal prosecution and million-dollar fines.

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What the Marriott Data Breach Means for Individuals, the U.S. and Companies Worldwide

What the Marriott Data Breach Means for Individuals, the U.S. and Companies Worldwide

The business sector tops the Identity Theft Resource Center’s industry facing the most data breaches for the sixth consecutive month. This time, it’s because of the massive Marriott International and Starwood Hotels and Resorts data breach that affected more than 500 million customers.

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Boosting Internal Controls: 4 Ways to Protect Your Company In the New Year

Boosting Internal Controls: 4 Ways to Protect Your Company In the New Year

According to the ACFE, a lack of effective internal controls are the primary contributing factor in nearly one-third of fraud cases. Why is this? For many companies, the issue stems from the effort it takes to change set processes. Boosting internal controls isn’t difficult, but it does involve taking time to reassess company procedures. For smaller businesses, the challenge often lies in the lack of resources or staff.  

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