Association of Certified Fraud Examiners (ACFE)’s Post

Short video and quite accurate! The audit field is continually evolving into a more complex area due to the massive amounts of data that must be culled. I ask all collegiate accounting educators to PLEASE add coursework to the undergraduate level that helps better prepare our future assurance, tax, and fraud-fighting professionals.

Our latest blog post shines a light on deceptive practices in Florida, including these common fraud schemes. Here’s what you should look out for. https://lnkd.in/g8qVPQt7

Do you know the difference between arson and fraud? In this clip, Carly Firestein provides a very clear distinction between these two concepts. At Advanced Analysis, we're committed to shedding light on critical aspects of #Fire investigation, helping you better understand the nuances in this field. #Claims

Enjoyed this Association of Certified Fraud Examiners (ACFE) session and happy to share two huge takeaways: First, fighting whitcollar crime has definitely evolved in recent years, so have a “mission” mentality! Think out of the box and deviate from traditional tactics to be most effective! Secondly, digital forensics is the future of investigations, so don’t overlook the immediate need to build a team with such valuable expertise!

We don't just stop crime; we prevent it. Our PVM Services allow us to analyze behavior patterns and determine when a crime is happening as it's happening to ensure your business stays safe. Learn more at https://lnkd.in/ekr_9hUX

Join us tomorrow (10/19) for a recap of the 2023 RGCA Forum Panel: Catch Me? Yes, We Can. The Fraud Abuse Mitigation Task Force will review this session, discuss the outcome/questions from the live presentation, and lead further discussion. Join us! https://lnkd.in/gZg_K8mE

This week is National Consumer Protection Week, a time to focus on learning more about your consumer rights and how to avoid frauds and scams. It's a great time to check out Monson Savings Bank's Blog Safety & Security section. Learn more: https://brev.is/XMD5z

Are you counting down the days until the 2023 ACFE Fraud Conference Canada? Learn best practices to fight fraud, explore emerging trends, hear from inspiring speakers, network and more. Save your seat in Montreal: https://bit.ly/3PVyZNl

🌟🌟🌟 L-Suite Leadership Moment (TM) "He / She who meets needs leads..." "The Deleterious Impact Of Organized Retail Crime (ORC)" Organized Retail Crime (ORC) is the large-scale theft of retail merchandise, beyond personal use, with the intention to resell the items for financial gain, and can also include transactional fraud. It is estimated that ORC is an $100 billion problem for US retailers, annually. To help visualize the magnitude of ORC, consider that Americans consume 8 billion chickens yearly. Thus, if each of these chickens averaged a retail price of $12.50 each, in various forms (e.g. fresh, frozen. rotisserie, fried, patties, nuggets, strips, salads, soups, sandwiches, etc.), it would be as if the "ORC wolf pack" is shrinking out and reducing US retail profits by an amount comparable to all the chicken purchased and consumed by Americans yearly. ORC is truly significant, pervasive, harmful, and unacceptable! Working in the field, for the world's largest retailer, I directly encounter some of ORC's practitioners and ORC's deleterious impact regularly, including: -the danger of violence and injury to customers, employees, vendors, and bystanders, and property damage; -increased costs for merchandise, property damage, deterrence, and insurance passed on to consumers; -closure of much-needed stores, reducing the quality of life, opportunities for gainful employment, reinvestment, and philanthropy in high-shrink neighborhoods; and, -losses in sales and profits. In my opinion, much stronger consequences must be enforced from the bottom to the top of ORC rings to ameliorate this loathsome problem. Crime should not pay: our honest customers should be able to "save money and live better," and not have to suffer due to the behavior of brazen ORC practitioners and participants, and brazen shoplifters, who profit from retail theft and fraud. -Maceo D. Pembroke, Jr. Retail-Theft-Mitigation & Safety Sustainer and Innovator M.A. Sociology B.A. Psychology w/ Honors 🌟🌟🌟 #promotable #originalcontributions #WalmartProud #CoreValuesKeeper #BeTheSpark #DefeatORC #apfieldinnovations #lpfieldinnovations #opentowork #ProtectUpFront #assetprotection #AP #reduceshrink #shrinkreduction #lossprevention #deterrence #leadership #carpediem #seizetheday https://lnkd.in/g_H3MM7Y

Today's theme takes a deep dive into 💼 Stories of Fraud and Case Studies 💼. Our fight against fraud is rooted in real-world stories that underscore the urgent need for vigilance. XTND uses case studies to highlight the schemes fraudsters use. It's not scaremongering; it's equipping you with the understanding to combat this crime. Discover more through our “war stories” and how XTND helped bring justice to light.