Course Information

There are more fraud professionals today than every before, yet fraud and corruption continue to persist. Understanding fraud schemes, the fraud triangle fraudster characteristics and red flags is crucial, but there are still things that re frequently overlooked by the good guys because they aren’t always thinking like a bad guy. This course will take a look at several issues in organizations that were overlooked and ultimately led to significant fraud. Case studies will be used to examine the various situations, conditions and attitudes they created the opportunity, sometimes the pressure and occasionally even the rationalization for these fraud cases. The course will be a combination of lecture, exercise and an examination of both well known fraud cases and the instructor’s personal fraud cases.

Behavioral Objectives Upon completion of this course, participants will be able to:

• Fraud Basics

• How Biases, Assumption and Blindness Lead to Fraud

• The Problem with Fraud Awareness and Training

• Things that Drive Behavior – Good and Bad

• Understanding the Potential Reputational and Financial Damage from Fraud

Detailed Course Outline

The Problem with Fraud Awareness and Training

• Defining Fraud

• Common sense ? Fraud Awareness

• Case Studies

How Biases, Assumption and Blindness Lead to Fraud

• Question Success – Bernie | Lehman

• Internal Social Engineering

• System Design and the Abuse of Technology – Marriott

• HR Policies – Turnover / Exit Interviews Updated April 2020

• Case Studies

Things that Drive Behavior – Good and Bad

• Incentive Programs and Metrics

• Language & Context

• Over Restrictive Controls

• Case Studies

Understanding the Potential Reputational and Financial Damage from Fraud

• Evaluating

• Perspective and Emotion

• Case Studies

TAC Rule 523.142(g) requires the CPE Sponsor to monitor individual attendance and assign the correct number of CPE credits. Participants will be asked to document their time of arrival and departure in compliance with this Rule. Additionally, attendance will be monitored throughout the day and CPE certificates will reflect actual attendance of each participant.

To see answers to our Frequently Asked Questions, visit http://www.sao.texas.gov/training/faq.html.