Guest Blogger Clarisse Persia, CFE Since the 15th century, the maritime industry has flourished thanks to the trade of exotic spices and later the slave trade. In the 17th century the establishment of the Dutch East India Company (VOC), the world's first multinational corporation, privatized maritime trade, bringing the logic of profit to the seven seas. According to the UN Conference on Trade and Development, in 2023 maritime trade accounted for over 80% of international trade, carried out by vessels flagged and owned by different countries and manned by international crews. The multiple jur ..read more

Laura Harris, CFE ACFE Research Specialist The days of the funny prank phone calls are over. Yes, our refrigerators are running. No, we do not need to catch them. Lately, we are more concerned about robocalls impersonating President Biden, or other government officials, sowing bad advice and/or attempting to scam any earnest listeners.   In February, the Federal Trade Commission (FTC) stated that it is “committed to using all of its tools to detect, deter and halt impersonation fraud” and opened up for commentary on a Supplemental Notice of Proposed Rulemaking (SNPR). The proposed s ..read more

GUEST BLOGGER Anuj Choudhary, CFE The Indian pharmaceutical sector is increasingly facing a formidable challenge — the diversion of institutional drugs to retail markets. This issue, predominantly orchestrated by sales representatives and stockiest, is eroding market integrity and posing risks to public health and ethics. Institutional drugs, usually offered at significant discounts to healthcare facilities, are being diverted to retail markets for higher profits. This trend not only incurs financial losses but also contributes to corruption in the retail sector. This blog is a follow up to t ..read more

Networking serves as a cornerstone for professionals in the field of fraud examination, offering a myriad of benefits crucial for career growth and development. For fraud examiners, networking extends beyond mere socializing; it represents a strategic investment in their professional journey. From unlocking new career opportunities, to staying ahead of industry trends, networking empowers fraud examiners to thrive in a dynamic landscape where collaboration and knowledge exchange are essential.   4 Networking Opportunities Through the ACFE:  Community: The ACFE Community is a ..read more

Since 1988, the Association of Certified Fraud Examiners (ACFE) and our leadership have remained steadfast in fulfilling our mission to reduce instances of fraud and white-collar crime, as well as assist members in all aspects of fraud detection and deterrence. While it’s commonplace in today’s workforce to change companies and roles, one of the hallmarks of the ACFE is its ability to hire, train and facilitate growth of staff members to reinforce a culture of service and continue providing the first-class member experience established by ACFE Chairman Dr. Joseph T. Wells, CFE, CPA. Few leade ..read more

If you have the CFE Exam Prep Course, the Prep Toolkit or are planning to get either of the two, we invite you to sign up for the 90-Day CFE Exam Challenge and earn your Certified Fraud Examiner (CFE) credential by June 30, 2024.    The challenge arms you with study tips and peer support to help you stay motivated and on track to reach your professional goals. Our upcoming challenge starts Monday, April 1, and ends Sunday, June 30.   The challenge is designed to break down and work through the CFE Exam Prep Course materials to successfully complete the exam in three m ..read more

In the ever-evolving landscape of business operations, the specter of occupational fraud looms large, casting a shadow over both burgeoning startups and established companies.   To support organizations and anti-fraud professionals in combatting these challenges, the Association of Certified Fraud Examiners (ACFE) has released Occupational Fraud 2024: A Report to the Nations. The 13th edition of the ACFE’s biennial research report continues its pivotal role in shedding light on the pervasive issue of occupational fraud, offering unparalleled insights into the mechanics of fraud with ..read more

Whether you have recently obtained your Certified Fraud Examiner (CFE) credential or are a seasoned CFE, are you aware of the numerous ways you can optimize your CFE benefits? Dive into strategies to maximize the benefits of your credential and fully immerse yourself in the world of anti-fraud professionals. In this guide, we’ll explore various strategies to help you leverage your CFE credential effectively and advance your career in the fraud examination field. Promoting Yourself as a CFE Effectively promoting your CFE credential can enhance your professional reputation and open doors to new ..read more

As recipients of the ACFE Research Institute (ARI) grant, Marie Rice and David Glodstein stand at the forefront of advancing the field of fraud examination and prevention. Rice, an Assistant Professor at Siena College and Director of the Center for Anti-fraud Resources and Examination Services (CARES), and Glodstein, a seasoned educator and director at SUNY Old Westbury, embody the synthesis of academic excellence and practical expertise. Their current project, focused on the Justice for Fraud Victims Project (JFVP), aims to set new benchmarks in community-engaged forensic accounting educatio ..read more

February is Black History Month, a time when we celebrate the contributions and achievements of Black Americans throughout history. As we reflect on the past and present struggles of the Black community, it's important to highlight and support organizations that are actively working to make a difference.   We will be spotlighting two organizations that are dedicated to advancing justice and equality for Black Americans: the National Organization of Black Law Enforcement Executives (NOBLE) and the National Association of Black Compliance and Risk Management Professionals (NABCRMP). B ..read more