Red Flags of Internal Fraud, Asset Misappropriation, and Corruption

This webinar highlights how one can identify red flags of frauds, asset misappropriation and corruption. Presented by the former Inspector General of the SEC, the webinar provides specific and concrete tips to identify potential red flags before there is significant exposure.

Why Should You Attend:

Millions of investors have lost their lifesavings in high-profile frauds over the past several years, including Bernie Madoff’s $50 billion fraud and Allen Stanford’s $7 billion scheme. These frauds have also led to significant liability and exposure for feeder funds, accounting firms and custodial banks.

Corporations are also under increasing scrutiny and many companies have been faced with ethical scandals and allegations of misconduct and corruption. Given this trend, companies should be reviewing their protocols regarding how to identify and combat fraud and deal effectively with allegations of fraud and how to conduct internal investigations.

This webinar explain why it is critical to have controls in place to attempt to identify red flags of fraud, and systems established to properly investigate allegations of fraud that are raised within the company.

Areas Covered in the Webinar:

• An analysis of the Bernie Madoff fraud
• Identification and definition of the most common types of frauds and internal threats faced by organizations
• A discussion of the warning signs or “red flags” for each type of threat
• A discussion of policies, procedures, and tools that can deter or mitigate various risks
• A discussion of remedial steps to take to investigate and resolve threats when they materialize
• A discussion of investigative techniques that are used in different fraud situations
• A discussion of how to gather additional evidence through interviews
• Elements of internal investigations: Plan of action, description of the sources of evidence, collecting and securing the evidence and finally presenting it in an understandable manner.
• How to draft a comprehensive investigative reports, draw conclusions and make recommendations

Who Will Benefit:

• Compliance Officers
• Risk Professionals
• Internal Investigators
• CEOs and Senior Management Officials of Small to Mid-size Firms
• Operational Managers
• Internal Auditors
• External Auditors
• Fraud Professionals
• Staff with Roles and Responsibilities in Compliance Departments.
• Staff with Roles and Responsibilities in Risk Assessment Departments