Monday 25th October 2004
Chairman: Michael Adlem, Managing Director
Protiviti
08.30 Coffee and registration
09.00 CHAIRMAN’S INTRODUCTION AND WELCOME
09.10 THE SCOPE OF THE PROBLEM OF INTERNAL OR EMPLOYEE FRAUD
- where is it a problem in the
organisation?
- how much of a problem is it?
- what are the effects on an
organisation’s bottom line?
- what is the perception of the
problem?
- is it still being swept under the
carpet?
David Alexander, Partner
KPMG
Forensic
09.50 RECENT LEGAL DEVELOPMENTS AND THE IMPLICATIONS
- what are the
relevant legal issues that need to be considered by organisations?
- the Data Protection Act
- the Regulation of Investigatory
Powers Act
- the Human Rights Act
David Whincup, Partner - Head of London
Employment Department
Hammonds
10.30 WHISTLE-BLOWING POLICIES:
HOW THESE CAN BE MADE TO WORK
Guy Dehn, Director
Public
Concern At Work
11.10 Coffee
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12.10
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CASE STUDY: THE JOYTI DE-LAUREY/GOLDMAN SACHS CASE
Detective Constable Malcolm Driscoll
City of London Police
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12.50
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Questions for the morning's speakers
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14.00
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AN EMPLOYEE FRAUD CASE STUDY
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This case study examines in detail a fraud, by a trusted employee of a major bank, that resulted in an initial loss of nearly $7 million. Prompt action by the bank resulted in substantial recoveries being made. The case study examines:
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how the fraud was detected
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the all-important initial steps taken to recover and preserve vital evidence
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the investigative techniques used to quantify the amount of loss and the fraud mechanism used
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the use of external consultants to trace assets and handle vital evidence
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the interaction between the civil and criminal courts
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liaison with the authorities and the provision of support to the criminal prosecutors
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The end result was the recovery of almost the entire amount that was stolen, with the former employee receiving a seven year prison sentence.
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Ron Warmington, Director of Loss Prevention & Investigations
GE Consumer Finance
Ian Henderson, Managing Director
Advanced Forensics
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15.30 Tea
15.55 CHOOSING YOUR EMPLOYEES WISELY: THE SUCCESSFUL USE OF PRE-EMPLOYMENT SCREENING AS PART OF A FRAUD
PREVENTION STRATEGY
David Thomas, Head of Organisation Effectiveness
Global
Support Functions
Standard
Chartered Bank
16.35 CREATING AND MAINTAINING A SUCCESSFUL ANTI-FRAUD STRATEGY
AND CULTURE WITHIN AN ORGANISATION
- the importance of engendering the
right culture and operational strategy to prevent employee
fraud
Simon Dawson, Head of Corporate Investigations
The
Risk Advisory Group
17.05 Questions
for the afternoon’s speakers
17.15 Close
of conference
half-day
post-conference workshop
USING DATA MINING TECHNIQUES TO
DETECT AND PREVENT EMPLOYEE FRAUD
26th
October 2004
09.00
- 12.30
At this half-day practical
workshop you will learn about the techniques that can be used to analyse
information within an organisation to detect and prevent fraud - comparing data
between different bodies to identify any patterns, relationships and
recognisable indicators of fraudulent activities - whether a single employee
abusing their authority and making use of a loophole in the system, multiple
employees colluding in an institutionalised “perk” or collusion between
employees and outsiders.
Nowadays companies spend vast
amounts of time and effort recording data about their businesses (information
on clients, suppliers, employees, invoices, budgets, etc), but all this
information is often held in many disparate systems, making automated fraud
detection difficult. You wll learn how
data mining can be used proactively, to help prevent fraud through a
review of your organisation’s business processes to identify areas of
vulnerability and operational risk.
Data mining can also be used
reactively, to detect when a fraud has occurred and to assist law enforcement
agencies in civil or criminal investigations.
You will learn how data mining techniques can be employed to process
large quantities of even paper evidence, to produce crucial analysis and
reports for investigating officers.
The workshop will make
extensive reference to case studies, and will enable to you come away
from the morning with useful and practical ideas to help reduce your
company’s risk from employee fraud through the successful use of data mining
techniques.
Workshop
leaders:
Richard Kusnierz, Managing Director
Alan Livesey, Technical Director
IDM
D.A.T.A. Solutions
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NB: numbers are limited at the workshop, to ensure maximum benefit
to participants.
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