ABA Telephone Briefing/Webcast*
According to the Association of Certified Fraud Examiners’ (ACFE) 2012 Report to the Nations on Occupational Fraud and Abuse, organizations surveyed lose an estimated 5% of their revenues to fraud each year. When applied to the 2011 estimated Gross World Product of $70.28 trillion, this results in a projected global total fraud loss of more than $3.5 trillion. In today’s economy, employees facing financial distress may resort to committing criminal actions against the bank they would not normally consider when presented with the opportunity to do so. To better protect their customer, their employees and their reputation, financial institutions should arm themselves with the knowledge of why employees commit fraud against their employer, the characteristics and patterns of the internal fraudster, and how to detect and prevent it from happening.
| Program Date |
Audio Recording Now Available |
| Per Site Fees** |
$225 ABA Member/Service Member • $355 Non-Member |
| Registration |
Not Applicable |
| Audio Recording |
Purchase Online (PDF)
Please note recordings are not eligible for CPE for CPA credits. |
| Credits |
This recording has been approved for 2.0 CFSSP and 2.0 CRCM continuing education credits.
The Institute of Certified Bankers (ICB) is dedicated to promoting the highest standards of performance and ethics within the financial services industry. |
During this recording of the ninety-minute, live telephone briefing/webcast held on July 17, 2012, a panel of industry leaders:
- Discuss the impact that internal fraud has on the industry
- Identify the characteristics and red flags of internal fraud
- Present case studies involving actual offences
- Identify successful monitoring, detection and investigation strategies
- Discuss findings specific to the financial services sector not contained in the 2012 Report to the Nations on Occupational Fraud and Abuse; and more.
Speakers:
- Jane Yao, Senior Vice President, Benchmarking & Surveys, American Bankers Association (moderator)
- Nikki Rackov, Vice President, Investigations, Comerica Incorporated
- Andi McNeal, Director of Research, Association of Certified Fraud Examiners (ACFE)
Who Should Attend?
- Compliance Officers and Managers
- Risk Managers and Auditors
- Operations Managers
- Retail Bankers
- Information Officers
- Bank Fraud Investigators
- Bank Counsel
- Senior Bank Managers
*ABA's Telephone Briefings include reference materials and telephone audio. Telephone/Streaming/Webcast Briefings include reference materials, telephone audio, and simultaneous webcast presentation (requires 56K or faster with JavaScript and cookies enabled in the browser, i.e., Microsoft Internet Explorer 4.0 or later, or Netscape 4.7X).
**Each site license (registration fee) entitles you to one connection (when there is a simultaneous webcast presentation) where an unlimited number of listeners can participate.
Any transmission, retransmission or republishing of the audio or Web portions of this briefing is strictly prohibited.