News and analysis on the global fight against fraud
This investigative piece peels back the layers of this mysterious phenomenon, focusing on a compelling case study involving Sam Bankman-Fried, a prominent figure in the cryptocurrency landscape, whose financial dealings have raised eyebrows and questions about the integrity of modern financial systems.
Read MoreMedicare fraud poses a significant threat to the integrity and sustainability of the Medicare program. Various estimates suggest Medicare fraud drains up to $60 billion from the healthcare system each year. This massive level of fraud not only harms taxpayers but also jeopardizes medical care for the 59 million Americans who rely on Medicare. With 10,000 new Medicare enrollees daily and rising healthcare costs, addressing fraud is crucial for Medicare's future solvency and ability to deliver service
Read MoreRecently, I worked on a case wherein a whistleblower raised allegations on two employees that the company was engaging in unethical practices. The allegations included bribery and corruption, conflict of interest, breach of code of conduct, misappropriation of assets, high prices and poor quality of products supplied and abuse of position.
Read MoreA few years ago, I worked overseas as the director of internal audit and investigation. The organization’s headquarters had seven other support organizations to protect U.S. territory and resources. The director of the moral, welfare, and recreation (MWR) received funding from the federal government to take care of soldiers, civilian employees and their families for all recreational and morale booster activities. One of the latest programs was the Warrior Adventure Quest (WAQ) Program. WAQ was developed by the Army Medical Department; it is an Army RESET training tool designed to introduce soldiers to activities that serve as alternatives to aberrant behaviors often associated with accidents involving recently re-deployed soldiers. This tool presents coping outlets to help soldiers realize their own new level of normalcy after deployment and move on with their lives.
Read MoreIn the most recent episode of the ACFE’s podcast, Fraud Talk, Julia Johnson, CFE, Research Specialist at the ACFE, breaks down three recent case studies of frauds that were committed from behind bars. She explains how the schemes were perpetrated and what fraud examiners can learn from each case.
Read MoreNews and analysis on the global fight against fraud.
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