Social Networking: Can it Become a Hoax?

Social networking has become a common way for businesses to build their brand as well as connect with customers and other businesses. The advantages of social networking are numerous, but does it also make businesses more susceptible to fraud? The fact is, anything that a business or individual posts on the Internet potentially gives fraudsters valuable insight. […]

The Local Fraud Felon

Watching TV is not a something that I find myself doing, but lately CNBC’s “American Greed” has become a slight infatuation for a local fraud investigator such as myself. The show profiles fraudsters that were overshadowed by Bernie Madoff and other high profile criminals around the nation. In a recent episode, I was surprised to see my city of Folsom, CA profiled. […]

What’s Your Fraud IQ? Part III

Copyright 2012. American Institute of Certified Public Accountants, Inc. All rights reserved. Used with permission.

 

Over the past couple of weeks we have challenged you to test your fraud IQ and see if you are capable of distinguishing warning signs of fraud. This week wraps up the series of the article “What’s Your Fraud IQ” by Andi McNeal, an author from the Journal of Accountancy. If you have not answered the previous questions then consider reviewing and answering the previous questions before viewing your score. […]

What’s Your Fraud IQ? Part II

Copyright 2012. American Institute of Certified Public Accountants, Inc. All rights reserved. Used with permission.

Last week was the first set of questions regarding your fraud IQ from the article by Andi McNeal. Permission was granted by the Journal of Accountancy to republish their article and help you quiz your knowledge of fraudster’s mindsets and characteristics when committing fraud. Keep track of your answers and view the scoring results in next week’s blog. […]

What’s Your Fraud IQ?

Copyright 2012. American Institute of Certified Public Accountants, Inc. All rights reserved. Used with permission.

The following Fraud IQ article was written by Andi McNeal and was published by the Journal of Accountancy. Permission has been granted to republish this article; all rights reserved. Over the next few weeks, take this quiz to see whether your knowledge of fraudsters’ mindsets, characteristics, and behaviors is sufficiently honed to help you recognize the warning signs of fraud. […]

What is a CFE?

A Certified Fraud Examiner (CFE) is an individual that desires to become an expert in the prevention and detection of fraud. Although CFE credentials are not required, they are becoming a preferred certification in the hiring practices of businesses, government entities, and law enforcement agencies. […]