Fraud

The rising profile of the Corporate Security Executive

This blog post was written by Michael Gips, JD, CPP, CSyP, CAE, and principal of Global Insights in Professional Security; and A.J. Cook, who is…

Legal Executive Institute July 24, 2020

Forum magazine: Georgetown undergrads aid the wrongfully convicted

This article originally appeared in the Spring 2020 issue of Forum magazine. Every other semester, a small class of undergraduate students at Georgetown University ventures far…

Chris O'Leary June 15, 2020

Unemployment insurance fraud soars during pandemic

With total jobless claims since mid-March exceeding 40 million, it is no surprise that criminals have moved quickly to exploit vulnerabilities in legacy systems in…

Melissa D. Berry June 12, 2020

Using blockchain to avoid global sanctions & how financial institutions can prevent it

Economic sanctions are an important tool used by governments and multinational bodies such as the United Nations and the European Union. These sanctions are often…

Gina Jurva June 09, 2020

Financial institutions should expect tighter regulation, more fraud & increasing automation in the “New Normal”

The financial services industry has experienced an uptick in business due to the CARES Act and the issuance of Payroll Protection Program (PPP) loans. In…

Bre Hamilton June 04, 2020

Firms’ compliance functions at inflection point, shows 2020 Cost of Compliance Report

Without question, compliance functions for financial services firms around the world have matured in the decade since the financial crisis, with many firms enhancing their…

Susannah Hammond May 14, 2020

Disaster fraud: Government warns COVID-19 is the perfect storm for scammers

Disaster fraud, a deliberate act to defraud individuals or the government after a catastrophe, has become an imminent problem during the COVID-19 crisis, creating a…

Gina Jurva May 07, 2020

As government relaxes healthcare provider requirements due to COVID-19, will fraud risk increase?

The federal government has begun relaxing its healthcare provider requirements in order to provide increased flexibility for healthcare providers and facilities during the COVID-19 public…

Melissa D. Berry May 06, 2020

Will COVID-19 Make Cash Obsolete?

Is the COVID-19 pandemic more quickly moving the world to a cashless society? One where almost all financial transactions are not conducted with physical banknotes…

Gina Jurva April 20, 2020

Making Amends: Auditing Ongoing Suspicious Activity Report Filings for Financial Institutions

In the myriad of Suspicious Activity Report (SAR) requirements, there are perennial findings that reflect the failure to file, delays in filing, and deliberate efforts…

Michael Schidlow April 03, 2020

2020 Government Fraud, Waste & Abuse Report: How Prepared Are We?

How confident are state and local government employees in their ability to combat fraud, waste, and abuse? To find out, Thomson Reuters surveyed 87 professionals…

Tad Simons April 01, 2020

What Financial Institutions Need to Know about the Market Crisis & Ponzi Schemes

Just like May flowers follow April showers, Ponzi schemes implosions often will follow a market crisis. The last example of this phenomenon was the 2008…

Alison Jimenez March 23, 2020