UK police forces continue to suffer under the severely adverse consequences of the British government’s fiscal “austerity” measures. The cuts have been deep and have seen big reductions in police numbers.… Continue Reading
This year’s 2018 Association of Certified Fraud Examiners (ACFE) Report to the Nations makes extremely interesting reading but, as one would expect, there is little in the way of good news, with fraud continuing to be as big a problem in the United States as it is globally.… Continue Reading
It sounds like a preposterous scenario. A member of the company’s finance team transfers several million dollars to an unknown firm for a transaction no one in the company has ever heard of, based solely on confidential orders from the company’s CEO or CFO sent by email.… Continue Reading
The UK Financial Conduct Authority issued a warning Monday about a cloned firm using Morgan Stanley’s name and London address to take money from victims.
The real firm is Morgan Stanley & Co Ltd.… Continue Reading
Martin Kenney and I wrote a post for the FCPA Blog recently called “How, then, do we stop the fraudsters among us?”. The post is structured as a conversation between us regarding psychodynamic and other non-conventional approaches to compliance and fraud.… Continue Reading
Dr. Stein is founder of Dolus Advisors, a New York-based consultancy that employs its knowledge of the psychodynamics of fraud to help companies better-manage business, security, and malfeasance risks.… Continue Reading
The owner of multiple U.S.-based oil and gas services companies pleaded guilty Tuesday to FCPA and fraud charges for bribing officials to win contracts from Venezuela’s state-owned energy company, Petroleos de Venezuela S.A.… Continue Reading
According to Transparency International UK, “billions of pounds of dirty money” are passing through the UK monetary system, due to what TI describes as a “woefully inadequate” and fragmented anti-money laundering approach.… Continue Reading
It’s a worrying time for executives. According to , some 40 percent of respondents felt vulnerable to corruption and bribery.
I haven’t met any executives who aren’t in favour of this new era of bribery and corruption enforcement and compliance.… Continue Reading
A former Oklahoma City law enforcement officer and the owner of Polygraph.com was sentenced to two years in prison for training customers to lie and conceal crimes and other misconduct during polygraph examinations.… Continue Reading
Forty percent of the respondents felt highly or moderately vulnerable to corruption and bribery.… Continue Reading