Member Spotlight: Michael Wynn, CFE
/Michael Wynn, CFE, has more than 30 years of combined experience in accounting, auditing, fraud examination and grant monitoring.
He recently retired from working for the state of Michigan and now devotes his time to consulting on risk assessments, compliance and operational reviews. He also teaches organizations and individuals about financial literacy and is a motivational speaker and professional development coach.
How did you become passionate about fighting fraud?
As a financial auditor, I would see the lack of controls in some systems that made it easy for someone to commit a fraudulent act, and I wanted to be in an expert position to speak on fraud and fraud prevention. As a volunteer with Michigan Accounting Aid Society’s financial literacy program, I developed a greater passion in helping individuals learn more about fraud awareness and what to do if they become a victim of fraud.
What is a memorable case or project that you have worked on?
I worked on an audit that involved allocated funds to an agency. After following up on questions that appeared to be falsely answered, I uncovered a conflict of interest. A finding was issued, and the agency had to return significant funds. This also resulted in some continuing efforts for upper management to put protocols in place for reporting suspicious activities and conflicts of interest.
How did you become interested in motivational speaking and financial literacy?
I have always watched, listened and learned from people. As a motivated person, I became a speaker and coach to bring awareness to how to develop good habits. I became interested in helping people optimize their performance by creating tools for successful habits. Financial literacy was at the top of my list because research shows that many Americans have too much debt, too little savings, and a general lack of awareness of how money works and how it should be protected.
You are a published author of “The Habit Effect: Your Life, Your Money.” What advice to you have for other fraud examiners who may be interested in publishing?
Writing and publishing a book allows you to share your experiences as an expert with your audience or others who may be seeking help with some of the areas you understand. This process also brings many opportunities to you, your business or profession.
What do you like about being an ACFE member?
I like that it designates me as an expert and provides me with the connection to an international organization that regularly does fraud research and provides new tools to fight fraud.
How has becoming a CFE impacted your professional development?
After becoming a CFE, I received many opportunities such as job offers, business and speaking engagements, leading many special projects, and being asked to be interviewed.
What activities or hobbies do you like to do outside of work?
I enjoy reading, watching sports, yoga, weight training, going on walks and traveling with my wife. I also love spending time with my children and grandchildren.
ACFE membership is open to individuals of all job functions, industries and levels of experience who are interested in the prevention, detection and deterrence of fraud. Our mission is to support you by providing access to the knowledge, resources and training you need to do your job now and at every stage of your career.