The 1MBD Scandal Moves Apace

The 1MBD Scandal Moves Apace

“The name of the game — moving the money from your client’s pocket to your pocket,” said actor Matthew McConaughey, playing fraudster Mark Hannah in the Hollywood blockbuster The Wolf of Wall Street. The irony of this quote is not lost on the people of Malaysia.

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Integrity Is More Than a Robust Code of Conduct

Integrity Is More Than a Robust Code of Conduct

We all know this well-worn concept: An organization’s reputation takes years to develop, but it can collapse overnight if it didn’t originally possess integrity from the top down. “It took 160 years for Siemens to build a reputation and only five minutes to ruin it,” said Dr. Andreas Pohlmann, the former chief compliance officer of Siemens, at the 29th Annual ACFE Global Fraud Conference in June. A little ill-gotten profit means nothing if a business has to close its bank accounts when it goes belly up.

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Muddy Money: The Dirty Truth About Political Corruption

Muddy Money: The Dirty Truth About Political Corruption

Corrupt politicians are a common trope in society, but what's more uncommon is how to spot the red flags of shady dealings. Breakout speaker Michael Schidlow, CFE, CAMS-Audit, head of financial crime risk training and emerging risk advisory at HSBC Bank, took attendees at the 29th Annual ACFE Global Fraud Conference in Las Vegas last month on a ride through the world of political corruption combining pop culture references with infamous real-world examples involving names like Gaddafi and Putin. 

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CFE Describes Fighting a Culture of Corruption

CFE Describes Fighting a Culture of Corruption

Hossam El Shaffei, CFE, has been interested in fighting fraud since first seeing normalized bribery occur in his native Middle East. Currently a partner specializing in risk advisory services at RSM Consulting, he has more than 35 years of global and regional work experience in multinational organizations such as the United Nations and United States Agency for International Development. El Shaffei also established ACFE chapters in Egypt and Jordan and recently became an Authorised Trainer for the CFE Exam Review Course in Jordan, Egypt and Lebanon.

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