Preventing fraud should be part of the business process of any organisation for several key reasons: 💰 Financial Stability: According to the Report to the Nations published by the ACFE, any organisations would lose around 5 % of revenue to fraud each year. Particularly, in small organisations financial resources are carefully budgeted and any loss due to fraud can significantly […]
Fraud Prevention… what for? Read More »
In February 2025, President Donald Trump issued an executive order pausing the enforcement of the Foreign Corrupt Practices Act (FCPA) for 180 days, citing concerns that its application was overly expansive and detrimental to U.S. economic competitiveness and national security. The order directs Attorney General Pam Bondi to review existing FCPA guidelines and develop new
Suspension of the FCPA – Implication for Corporate Compliance Strategies Read More »
The FCPA was enacted in 1977 after the Watergate scandal. For decades following its enactment, FCPA enforcement was largely non-existent. It was not until the early 2000s when, following the second amendment of the Act, enforcement activity proceeded in earnest. Enforcement progressed with the enactment of the Dodd-Frank Act of 21 July 2010, which contains
The fight against corruption and the national interest of the United States Read More »
Fraudsters employ various tactics to scam victims, often exploiting human vulnerabilities, trust, and ignorance. Here are some common methods they use: 1. Ponzi Schemes: Fraudsters promise high returns on investments but instead use new investors’ funds to pay returns to earlier investors, creating the illusion of profitability. Eventually, the scheme collapses when it becomes unsustainable.
Fraud on internet – be aware of the methods Read More »
The tips provided are generally sound advice for avoiding internet fraud and scams. However, I can offer a few additional tips to enhance online safety Remember, staying vigilant and adopting good cybersecurity practices is an ongoing process. By combining these tips with the ones you’ve already received, you can create a robust defense against internet
Tips to avoid internet fraud Read More »
Creating strong passwords is crucial for enhancing the security of your online accounts. Here are some tips on how to generate robust and secure passwords: Here’s an example of a strong password combining these tips: “J#u7mP1!s4F.” Remember, the goal is to create a password that is both strong and memorable for you, while being difficult
All about your passwords Read More »
On 20 January 2024, I was delighted to be invited by the Men’s Breakfast section at the Morpeth Methodist Church for the opportunity to discuss Internet Fraud and provide tips to the audience to avoid being deceived by scammers. Thank you also for the delicious cooked breakfast. When you receive a strange email, it will more
Internet Fraud Awareness Talk Read More »
Whistleblowers are not all on headlines… Read my experience as whistleblower here : it tooks me a number of years to understand what happened and writing about it was the best way to heal. I hope this would help other “accidental” (to use the expression of one fellow compliance professional) whistleblowers and compliance professionals facing
Reflections of a whistleblower and a way forward Read More »
How to convince you that compliance is not a cost center ? I lay out in this article published in October 2019 in the magazine of the Society of Corporate Compliance and Ethics all the benefit of a compliance program. click here
The misunderstood role of compliance programs in small and medium enterprises Read More »
