Fraud Talk

In this episode of Fraud Talk, ACFE Content Manager Rihonna Scoggins meets with Christian Focacci, CEO and Founder of Threat Digital, to discuss the future of risk management and compliance software. The discussion delves into the groundbreaking advancements in large language models, their role in processing unstructured text and the critical importance of explainability in AI-driven solutions. Focacci also addresses the issue of AI washing and offers practical advice for companies and fraud examiners on integrating AI to optimize processes.

In this special edition of Fraud Talk, we focus on the ACFE's annual round-up featured in Fraud Magazine, a highlight anticipated by many in the industry. This year, we offer you an exclusive behind-the-scenes glimpse into the process of selecting the top five most scandalous frauds of 2023. Join John Warren, CEO of the ACFE, and Jennifer Liebman, Assistant Editor of Fraud Magazine, as they meticulously unravel each case, providing an in-depth analysis and insight into the complexities and implications of these notable frauds

Belinda Kitos, CFE, CICA and president of SCF Inc., was elected as treasurer of her homeowners association, but when she opened the books she discovered a $1.2 million fraud in her own backyard. In this month's episode of Fraud Talk, Kitos and Jason Zirkle, training director of the ACFE, explore their own experiences investigating HOA fraud and the red flags of these schemes.

The National Health Care Anti-Fraud Association (NHCAA) estimates conservatively that healthcare fraud costs the U.S. approximately $68 billion annually. Why is there so much fraud and abuse with insurance claims and why has this problem gone on so long? In this month's episode of Fraud Talk, Paul Kilby, Editor in Chief of Fraud Magazine, discusses the role of artificial intelligence (AI) in combatting healthcare fraud with Theja Birur, Chief Technology Officer and founder of 4L Data Intelligence. 

In this haunting episode of Fraud Talk, investigate the ghostly disappearance of Phases, Inc., a Tennessee nonprofit dedicated to helping women with substance abuse issues. Tune in with Michael Booher, CFE, CPA from the Tennessee Comptroller of the Treasury and Rihonna Scoggins, ACFE Community Manager, to discover how this ghost story unfolds and the truths lurking in Phases, Inc.'s shadows.

"We've been trying to reach you about your car's extended warranty" is an all-too-common robocall scam aiming to bilk victims out of their money. Alex Quilici, CEO of YouMail, discusses the intricacies of robocalls, what differentiates beneficial robocalls from scams and the regulations that both aid and obstruct the fight against these schemes with Jennifer Lieberman, assistant editor of Fraud Magazine, in the latest episode of Fraud Talk.

Tom Cronkright, the lead witness in the FBI's inditement of Black Axe, an international cybercrime syndicate based out of Nigeria, speaks with ACFE President John Gill, CFE, in this month's episode of Fraud Talk. As the co-founder of CertifID and CEO of a title agency, Tom has been at the forefront of helping the real estate industry address payments fraud and discusses his experience as a victim of fraud and the operations of the international fraud group he helped indict.

In this month's episode of Fraud Talk, the Chief Training Officer for the ACFE, John Gill, CFE, meets with David Fleck, Esq., business and real estate attorney who represents victims of business, real estate and investment fraud in lawsuits to recover their money, property and dignity. They discuss trends in real estate fraud including investment fraud, title theft and deed fraud, mortgage fraud and wire transfer fraud.

In Episode 133 of Fraud Talk, Editor in Chief of Fraud Magazine Paul Kilby speaks with Kathryn Westmore, the Senior Research Fellow for the Center for Financial Crime and Security Studies at the Royal United Services Institute, a military and defense think tank in the U.K. Kathryn discusses the increase in fraud in the U.K., government initiatives and the balance between data sharing and data privacy.

In Episode 132 of Fraud Talk, ACFE Research Specialist Sam May meets with Rob Sand, the Iowa State Auditor. Rob speaks about the Hot Lotto fraud scandal he prosecuted, totaling more than $25 million, as well as helping the state of Iowa improve their systems and processes to better investigate and audit potential frauds.