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Fraud Investigation: Essential Techniques to Uncover the Perpetrators!

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Fraudulent activities are dynamic, have no boundaries and could be carried out by anyone. They are only limited by the fraudsters’ creativity in weaving them. Fraud feeds on men’s complacency and system’s weaknesses, which are men-induced too. Thus, the approach to effective fraud prevention and management is not just system-based or risk-based but more importantly, human-based.

Almost all businesses are service-centric and that means it is essentially made up of men and women providing services to customers. Such business nature is a likely warm bed for fraudsters to bloom. Thus, if we understand why, how and when a fraudster would likely to strike then it will be helpful to formulate and implementing preventive measures to manage fraudulent activities.

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Fraud Investigation: Essential Techniques to Uncover the Perpetrators!

  1. 1. FRAUD INVESTIGATION: ESSENTIAL TECHNIQUES TO UNCOVER THE PERPETRATORS! FINANCIAL STATEMENT FRAUD ICFE Group of Companies International Cybercrime & Forensics Examiners SINGAPORE | MALAYSIA | HONG KONG 10 - 11 December 2014 Best Western Premier Dua Sentral, Kuala Lumpur COURSE INTRODUCTION Fraudulent activities are dynamic, have no boundaries and could be carried out by anyone. They are only limited by the fraudsters’ creativity in weaving them. Fraud feeds on men’s complacency and system’s weaknesses, which are men-induced too. Thus, the approach to effective fraud prevention and management is not just system-based or risk-based but more importantly, human-based. Almost all businesses are service-centric and that means it is essentially made up of men and women providing services to customers. Such business nature is a likely warm bed for fraudsters to bloom. Thus, if we understand why, how and when a fraudster would likely to strike then it will be helpful to formulate and implementing preventive measures to manage fraudulent activities. COURSE OBJECTIVES This two-day workshop is an opportunity for participants to be aware of the different typologies of fraud cases. They will also come to understand the anatomical make up of fraud, profile of fraudsters, how to identify fraudulent activities and most importantly, how to investigate them. We will also touch on techniques used in fraud investigation, interviewing and good practices for setting up an effective fraud risk management programme. To sum up, this seminar is focus on giving participants tool to mitigating fraud and discouraging potential fraudsters. Our Certified Fraud Examiner will bring us through the steps to identify, prevent and perform fraud investigation. Detailed programme can be found in the following pages. WHO SHOULD ATTEND?  Accountants  Compliance Officers  Human Resource Professionals  Legal Officers  Risk Management Professionals  Finance Professionals  Internal / External Auditors  Management & Executive Staffs  Anyone who is interested to be more proficient in Fraud Investigation! In Partnership with: Follow us: Tel: (603) 2282 5406 Fax: (603) 2282 5407 Follow us: Register by 10 November 2014 for EARLY BIRD DISCOUNT! ® MIA Members enjoy 16 units of CPE hours! Website: www.icfe-cg.com Email: enquiry@icfe-cg.com Tel: (603) 2282 5406 Fax: (603) 2282 5407 ICFE Group of Companies ICFE Malaysia Sdn. Bhd. Co. Reg. No. 871789-X
  2. 2. FRA UD INVESTIGATION: ESSENTIAL TECHNIQUES TO UNCOVER THE PERPETRATORS! 10 - 11 December 2014 Best Western Premier Dua Sentral, Kuala Lumpur COURSE OUTLINE DAY 1 DAY 2 FRAUD - AN ANCIENT TRADE WITH EVER CHANGING FACES  Fraud - How did it all start?  What is Fraud?  Why do we need to stop fraud from happening?  Economic Extortion CATCHING THE FOX - HOW TO IDENTIFY FRAUDSTER OR FRAUDULENT ACTIVITIES  Building the profile of a fraudster  The common modus operandi  Identifying the lapses or “mistakes” – red flags  Tell-tale signs OLD GAMES THAT NEVER FAIL - TYPOLOGIES OF FRAUD CASES  General types of Fraud  Why is it happening? INVESTIGATION FRAUD Profile of an Examiner  Professional traits  Qualification  Personality First response to fraud cases  Case management  Evidence management  Legal/Reporting consideration Launching Investigation  4 Rs Case Mapping • Review Evidence • Risk Assignment • Reconfirm assignment • Re-assess & re-strategise findings RECAP OF DAY 1 CONDUCTING INVESTIGATIVE INTERVIEW  Establish profile of interviewees  Preparation of interview questions  Logistic preparation  Counter-deception during interviews  Statement review COMPLEMENTARY INVESTIGATION TECHNIQUE  Computer Forensics  Covert Investigation  Overt investigation SETTING UP THE DEFENCE - FRAUD PREVENTION BEST PRACTICES  Identifying weaknesses in the system  Minimize fraud risk with good internal control practices  Perform K.Y.E diligently  Robust anti-fraud system  Training  Overview of Fraud Risk Management programme HANDS ON CASE STUDY WITH CASE MAPPING QUIZ HANDING OUT OF CERTIFICATES AND PHOTO SESSION ICFE PROFILE The ICFE Group of Companies is a think-tank group of firms dedicated to Fraud Risk Management, Investigation and Prevention. Headquartered in Singapore with regional offices in Malaysia and Hong Kong, ICFE Group of Companies was formed with the intention of combating fraudulent activity and maintaining good corporate governance, and consequently providing professional training and value-adding consultancy services at affordable rates. Our principal consultants are trained by the Association of Certified Fraud Risk Examiners (ACFE). ICFE aims to share its expertise with working professionals or organisations who wish to stay abreast of the latest developments in corporate skills and anti-fraud measures. We do this by organising various public training programmes, seminars, and customised in-house training programmes which are tailored to suit companies in their respective industries. At ICFE, we focus on five areas of professional development: 1. Fraud Prevention 2. Anti-Money Laundering 3. Corporate Governance & Business Ethics 4. Digital Forensics 5. Corporate Skills & Leadership Development Every member of ICFE is dedicated to bringing about a wholesome experience to all clients via Inspirational training, Innovative consultative work and programmes that build Intelligent minds. Website: www.icfe-cg.com Email: enquiry@icfe-cg.com Tel: (603) 2282 5406 Fax: (603) 2282 5407 Follow us: Tel: (603) 2282 5406 Fax: (603) 2282 5407 Follow us: www.icfe-cg.com ICFE Group of Companies ICFE Malaysia Sdn. Bhd. Co. Reg. No. 871789-X
  3. 3. FRA UD INVESTIGATION: ESSENTIAL TECHNIQUES TO UNCOVER THE PERPETRATORS! 10 - 11 December 2014 Best Western Premier Dua Sentral, Kuala Lumpur TRAINER  CerƟfied Fraud Examiner (CFE) with the AssociaƟon of CerƟfied Fraud Examiners (ACFE)  CerƟfied Member (CAMS) with AssociaƟon of CerƟfied AnƟ-Money Laundering Specialists ƟƟƟfied As a Certified Fraud Examiner since 2007, Stanley thrives in the complexity of the fraud examination profession as a result of his sheer passion. Endowed with an inquiring mind, eye for details and valuable insights, he is thoroughly convinced that he has the necessary skill sets to assist organisations to mitigate institutions. His professional experience, helmed through his time in large institutions like AIA Insurance, of Companies into a think-tank group that has offices in Singapore, Malaysia and Hong Kong. Today, among many others. invited to speak at conferences and seminars in Singapore, Malaysia, Hong Kong, Shanghai, Taipei and Stanley holds a Master of Commerce, specialising in Business Law and also a Bachelor of Economics, majoring in Money & Banking and Accounting. ICFE Group of Companies International Cybercrime & Forensics Examiners SINGAPORE | MALAYSIA | HONG KONG Stanley CHIA  Member, ACFE Advisory Council since 2014 (ACAMS)  CerƟfied Financial Crimes InvesƟgator (CFCI) with InternaƟonal AssociaƟon of Financial Crimes InvesƟgator (IAFCI)  CerƟfied AnƟ-CorrupƟon Manager (CACM) with American AnƟ-CorrupƟon InsƟtute (AACI)  Member, AssociaƟon of CerƟfied Financial Crime Specialists (ACFCS)  InternaƟonal Crime PrevenƟon Specialist (ICPS) with InternaƟƟƟonal Crime PrevenƟon PracƟƟoner, Inc (ICPP)  Member of GRC InsƟtute  Associate Member, Singapore InsƟtute of Directors  Associate Member, Singapore InsƟƟƟtute of Management  PSMB CerƟƟƟƟfififified Trainer (Malaysia Human Resource Development Fund) fraudulent practices. Well versed in financial products and compliance methodologies, Stanley specialises in investigative interviewing & profiling techniques and has handled numerous cases for both local and foreign financial Singapore Exchange and United Overseas Bank, extends across anti-money laundering, compliance, enforcement and fraud investigation work. In that time, he solved numerous cases that involved millions of US dollars. Realising he could do much more as a private practitioner, his entrepreneurial spirit got the better of him and he founded the ICFE Group of Companies in 2008. In a three short years, he transformed the ICFE Group the ICFE Group provides multi-consultancy solutions to companies world-wide. His clientele includes Listed Companies in a host of industries like Aviation, Energy, Banking, Government Funds, REITS, and Hospitality Apart from field investigation work, Stanley understands the need for training and education. He is often Thailand, where he teaches Fraud investigation & prevention, Investigative interviewing & profiling techniques, White collar crimes, Procurement fraud, Internal control, Fraud investigation and Corporate fraud. In 2012, Stanley was invited by Malaysia’s Ministry of Education to be a panel member to advise and assist in the development of digital forensics curricula for its polytechnics across the country. He is also currently developing resources for professionals in the areas of interviewing techniques and body language. Website: www.icfe-cg.com Email: enquiry@icfe-cg.com Tel: (603) 2282 5406 Fax: (603) 2282 5407 ICFE Group of Companies Follow us: ICFE Malaysia Sdn. Bhd. Co. Reg. No. 871789-X Group Managing Director & Chief Fraud Examiner, ICFE Group of Companies
  4. 4. FRAUD INVESTIGATION: ESSENTIAL TECHNIQUES TO UNCOVER THE PERPETRATORS! 10 - 11 December 2014 Best Western Premier Dua Sentral, Kuala Lumpur How to RegisterHow to Register Delegate Particular Delegate Name Mr / Ms / Mrs / Dr Organisation Designation Phone Email Delegate Name Mr / Ms / Mrs / Dr Organisation Designation Phone Contact Person Dept Fax Name Mr / Ms / Mrs / Dr Postal Address Designation Phone Email Dept Dept Fax I have read and understood the booking terms & conditions. Personal Data Protection Notice (Compulsary to fill) Please be informed that in accordance with the Malaysian Personal Data Protection Act 2010 (“PDPA”), by providing your personal data to ICFE Group of Companies (hereafter referred to as ‘ICFE’), you have hereby given consent to ICFE to process your personal data for the purpose as stated below. Purpose: ICFE may use your personal information for direct marketing, as well as to update you, on ICFE training events and conferences. Data Disclosure: ICFE may provide your personal information to third parties and to our collaborative partners in relation to the purpose above. Data Retention Details: 1. ICFE shall retain your personal data for seven (7) years from the date of collection; and 2. ICFE shall remove your personal data with you write to ICFE to withdraw your consent. You may email to enquiry@icfe-cg.com by stating so. Data Access: You also have the rights to request access to your personal data at all times and be entitled to correct it if necessary. Please read and understand ICFE’s Personal Data Protection Notice before you agree to submit your personal data. Issued by: ICFE Group of Companies ACKNOWLEDGEMENT STATEMENT(Please tick where applicable) I hereby acknowledge that I have read, understood and agree the purpose of providing my personal data as mentioned in ICFE PDPA notice for the training event. I disagree to provide my personal data as mentioned in ICFE’s PDPA notice. Participant: Signature Name: Date Contact Person: Signature Name: Date Signature Name: Date Preferred Mode of Payment By Cheque (Please cross cheque made payable to ICFE Malaysia Sdn Bhd and mail your payment together with this registration form to the Company address stated in the “How to Register” box above.) Telegraphic Transfer Public Bank Berhad Branch: Jalan Raja Chulan Account No.: 3-1575918-33 Account Name: ICFE Malaysia Sdn Bhd Swift Code: PBBEMYKL Important Notice IMPORTANT NOTICE: Payments are required with registration and must be received prior to the Coaching Session to guarantee your place. Walk-in delegates will only be admitted on the basis of space availability at the Coaching Session and with immediate full payment. CANCELLATIONS & TRANSFERS: If you are unable to attend, a substitute delegate is welcome at no extra charge. Please provide name and designation of the substitute delegate at least 2 days prior to the program. A refund less 10% administrative charge will be made for cancellation received in writing 10 working before the program date. A complete set of documentation and a 50% refund will be given for cancellation made 3 working days before the program date. Regrettably, no refund can be made for cancellation made on and/or after the program. A complete set of documentation will however be posted to you. The organiser reserves the right to make any amendments and/or changes to the program, venue, speaker replacements and/or topics if warranted by circumstances beyond its control. DISCLAIMER: Due to the interactive nature of the learning session, the sequence and contents of the program may vary according to the needs of the participants. The speaker reserves the right and the privilege to conduct the program in the manner which he thinks to be in the best interest of the majority of the participants. Please ensure that you understand this completely so as to prevent any form of unrealistic expectation and or disappointment in a public enrolment program that was not tailored to your specific need. Please inform the organiser in advance if you are not agreeable or do not completely understand the term and we will cancel your enrolment accordingly. Fax Email Address: ICFE Malaysia Sdn Bhd Unit A-25-05, Blk A, Menara UOA, No. 5, Jalan Bangsar Utama 1, 59000 Bangsar Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur *Register by 10 November 2014 for EARLY BIRD DISCOUNT! ICFE Malaysia Sdn. Bhd. Co. Reg. No. 871789-X Ms Nonya Laila May Bok Phone: +603 2282 4691 Fax: +603 2282 5407 Email: nonya.lailabok@icfe-cg.com COURSE FEE (2-Day) Regular Rates RM 3288.00 *Early Bird RM 2880.00 Buddy Rates (2 Pax) RM 5376.00 Register in pairs to enjoy buddy rates! Not valid with other discounts.

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