CONTINUING PROFESSIONAL EDUCATION FOR FRAUD FIGHTING PROFESSIONALS
OUR SEPTEMBER-OCTOBER 2017 LECTURE IS ‘INTERNAL FINANCIAL SERVICES FRAUD’ FOR 2 CPE CREDITS!
CHAPTER OFFICERS FOR THE CHAPTER YEAR 2016 – 2017
Charles W. Lawver, CFE – President & Webmaster
Rumbi Bwerinofa – CFE – Vice – President
Marlyn Jones – CPA – Secretary – Treasurer
Jerry Hall – CFE – Training & Special Events Coordinator
September-October 2017 Message from Charles Lawver, 2017 Richmond Chapter President
PLEASE REGISTER AS A USER ON OUR CHAPTER’S WEBSITE!
Our Chapter website and supporting domain is http://www.cvacfes.com, so mark it as a favorite in your browser.
Please register as a user of the site. Open the MyAccount link at the top of the homepage and register by using your email address as the user name and a password of your choice. Make sure to make note of your password (if you do forget it, the new site has a feature that will allow you to set a new one).
This month’s lecture for Chapter Members
This month’s lecture is INTERNAL FINANCIAL SERVICES FRAUD for two CPE credits.
During the years of the Great Depression, when the bank robber Willie Sutton was asked why he robbed banks, he replied, “Because that’s where the money is”. Banks have been the targets of external thieves and fraudsters for as long as there have been such institutions; after all, they are, indeed, where the money is. The recent, and on-going, scandals at Wells Fargo and the numerous insider trading disasters within financial services firms world-wide are focusing media attention increasingly on the phenomena of internal bank fraud, frauds perpetrated by the employees of financial services firms against the banking public in general and against their employing firms specifically. There are seemingly countless ways for financial institution employees to exploit their positions and weaknesses in anti-fraud controls to perpetuate loan and other financially related frauds. The first step in the prevention of these crimes is to understand them! Enjoy!
Our LinkedIn Page
We encourage all of you to check out the Chapter’s Linkedin page periodically for announcements about what’s going on with the Chapter and to leave any comments or posts by starting a discussion on the page…if you don’t have a Linkedin page, it’s easy to set one up for yourself (its free) and then select our ACFE group page to follow.
Also, we are asking all Chapter members to please follow our blog TheInnerAuditor. There you will find blog posts from myself and from guest posters. If any of you would like to share a guest post on any fraud related topic, please send the text to me at firstname.lastname@example.org and I’ll see that it gets published on the blog. So, please give us a look periodically at our Linkedin site and at our blog. As always, I look forward to speaking with any of you with comments or suggestions about how we can all make our Chapter stronger and better. I can be reached at email@example.com.”