What is one of the biggest lessons you have learned since entering the fraud prevention field?
One of the biggest lessons to share from my experience is knowing that there are criminal codes, penal codes, and local and national laws which are not taken seriously or enforced in many different countries. There are superficial policies in relation to codes of ethics, anti-corruption policy and even ISO qualifications that document all the procedures within a company. There are many audits — such as quality, financial, internal controls (SOX), environmental, compliance and tax audits — and they all work as independent islands with different scopes and agendas; but many people gather and review the same information. The impression portrayed by many companies is that it’s not possible to have corruption because one of the references listed above is taken seriously within the company. However, you will walk out into the streets and you can visually see the corruption in the economy.
For example, when I am in some countries, you will see a big gap between the government and the people. The government is rich and the people are poor. There is not a middle class, per se. This is a huge red flag to me that corruption and fraud are embedded in the system. It is not particularly the preference of the people, but they’re forced to participate with the corruption or else the “buyer” will just find another company who is willing to participate. It is more like a virus that is just infecting the economy. The cure isn’t to just detect the problems, but to try and weed out the toxic people in the system and really dominate with preventative measures against fraud and corruption. It’s a matter of mentality, not just law.
What is a memorable case or project that you have worked on?
During my years in internal audit, I can proudly say that I am responsible for setting up an internal audit department for a 100-year-old, newly publicly-held company on the NYSE. This consisted of creating, implementing and controlling all aspects of the department — from narratives, flowcharts, test plans, risk assessments, an ombudsperson and board of directors reporting.
Since my time as a compliance auditor, there have been many instances where the audit has been unsatisfactory and I’ve seen the resulting business activity cease. I wouldn’t say that it’s a proud feeling because it’s understood the repercussions that follow are just plain sad.
The most sensitive case for me was a company in Africa where cash envelopes were given to a Minister's office to several different people in different amounts. The amounts were drawn from the petty cash and delivered by the company’s driver. The reason from the financial department was that they were thank you gifts for the assistance provided throughout the year, and the reason from executive management was a donation to an Islamic religious holiday. There were many people working for this company and this transaction caused many people to lose their jobs. It caused severe hardship to the company and put it in the direction to go out of business. Africa is a very hospitable continent and the people are educated, capable and hardworking, so I found it unfortunate that such activity must exist in order to be able to be competitive in the marketplace.
How has becoming a CFE impacted your career?
The most important aspect of my professional development is being able to learn, be inspired and make a difference. The ACFE provides an abundance of information and a network of individuals available for all comments, questions or concerns. There are numerous opportunities that have emerged since I’ve become a CFE. It was a small sacrifice to study and pass the exam, but the material was so interesting that it didn’t even seem like I was studying. I was already familiar with the information, and the CFE just helped me to organize and use the information in a structured format. I am proud to hold this credential, and I am thankful for the ACFE organization and its purpose. I honestly feel responsible for helping to educate and grow this organization in France.
What activities or hobbies do you like to do outside of work?
In my spare time, I am trying to speak and write about “Fraud Training & Awareness #TEENS” to minors. It discusses fraud and corruption, social media presence, cybercrime (webcam hacking, cybersecurity, cyberbullying), identity theft, free Wi-Fi, public charging stations, false documents, teen wellness and other “how to protect yourself” topics. This is a topic that I would like to be more involved in both Europe and the U.S., as it is a neglected subject. Adolescents eventually transition into the workforce and it is only then that they can begin to understand. There needs to be a way globally that anti-corruption activities such as integrity and transparency can be learned correctly. This education would begin as early as 13 — which is the legal age to begin using social media websites.
As you can see, my personal and professional life are interwoven. In my personal life, I take into consideration the things I have learned about fraud and corruption — from using an alias name at Starbucks, to password security and limited use of social media. Aside from that, I love to be near water or in the mountains with family and friends. As a teenager and young adult, I was a competitive rider in horse rodeo events such as barrels, poles, flags and kegs, where we were active in 4-H and in a traveling circuit. I continued riding in France for pleasure with my daughter, but having livestock is certainly busy, so now we’ve decided to give our horse to an equestrian center. I enjoy playing sports such as softball, swimming and table tennis, and always appreciate a good wine with a gourmet meal! If I am traveling, I always opt for local food.
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