Category: Insights

GUEST BLOGGER Ryan Gregory, CFEAs investigators, we have all reached the point in the span of our interviews of what can be said or suggested next in support of fraud victims. With all the busy work of report writing, speaking to law enforcement, preparing for court and filing examination findings, we do not always remember the trauma a financial loss can be to the victim.  As trained as we are, we may not have experienced fraud in our own lives to understand the emotional impact it can have. To say fraud is pervasive would be an understatement. According to the Federal Trade Commission, in 2021, losses related to romance scams were valued at $547 million dollars, more than six times the reported losses in 2017. The FBI reports that business…

Kate Pospisil, CFEACFE Communications Specialist              It is common these days to sell items we no longer need on online marketplaces such as Craigslist and Facebook Marketplace. It’s easy, local and usually fast. The process is further simplified through the use of peer-to-peer (P2P) payment methods such as Venmo, PayPal and Zelle. However, this ease to buy and sell can attract fraudsters looking to make a quick buck. I personally use Facebook Marketplace frequently and when I recently sold my treadmill, I experienced a scam attempt firsthand.First-hand look at the red flagsNow, I am no stranger to scam attempts, and I design my posts to prevent this as much as I can: I clarify Venmo or cash only (with a Venmo hold), I only provide my address after the payment or…

Here at the ACFE, we are committed to providing you with the tools necessary to achieve your professional goals. To help you do that, we’ve been working diligently to make improvements to our website that will support you in your anti-fraud efforts. Now, we are excited to share the newly redesigned ACFE website with you.  We understand that your time is valuable, and we want to make it easier for you to find the information you need quickly and easily. Our new site navigation is simpler and more intuitive. In addition to an overall design update, we’ve made improvements to give you a better experience when using the website on your mobile device. An easier way to navigate The redesigned ACFE.com also includes a new Resources section with anti-fraud tools and fraud prevention…