Mentoring Success Story: Kate and David

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The ACFE Mentoring Program connects members to anti-fraud professionals from all over the world who can offer a wealth of resources, experience, advice and guidance. Mentees can search among registered mentors to find individuals whose experience and expertise match the areas in which they wish to be mentored. Kate Rolan initially reached out to David Harper, CFE, after seeing his experience in law enforcement and investigations on the ACFE Community. This is Kate and David’s mentoring story.   How did you become interested in fraud and what is your current role? Kate: I am currently employed as an Internal Revenue Agent for Tax Exempt and Government Entities, IRS. I got interested in fraud about three years ago when I started working on a case showing some fraud indicators. The audit was complicated but…
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Former Theranos COO Found Guilty on Federal Fraud Charges

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Emma RichardsonACFE Research SpecialistOn Thursday, a jury of seven women and five men convicted Ramesh “Sunny” Balwani on 12 counts of federal fraud. Balwani, the former COO of Theranos, reportedly sat expressionless as the verdicts were read in court. Some of the charges Balwani was found guilty of included federal wire fraud and conspiracy to commit federal wire fraud.The conclusion to Balwani’s trial marks a noticeably different outcome from that of his former Theranos counterpart and one-time lover Elizabeth Holmes, who herself was found guilty on just four fraud charges in a separate trial earlier this year. Unlike Holmes, Balwani was convicted on all the counts he was charged with; Holmes, conversely, was convicted on just four counts of wire fraud, but acquitted on four counts of defrauding patients. The…
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Take Pride in Fighting Fraud: How the LGBTQ+ Community Can Stay Vigilant All Year Long

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Emma RichardsonACFE Research SpecialistPride Month may be over, but, for scammers, the calendar doesn’t matter: there’s fraud to be had every month of the year. It’s more important than ever for the LGBTQ+ community to maintain its collective strength – especially when it comes to the scams that target them. Here are some of the most common fraud schemes perpetrated against members of the LGBTQ+ community, along with some useful tips on how to identify, deter and successfully circumvent these fraud attempts.Romance FraudAs the Federal Trade Commission (FTC) points out in its post about fraud during Pride Month, many of the tools and resources cultivated by the LGBTQ+ community can be easily weaponized by fraudsters. It’s a very dirty trick, given that many in the community report struggling with isolation…
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