Olympus Whistle Blower Michael Woodford Honored by ACFE

Whistle blower Michael Woodford, the former president and CEO of Olympus who was fired after he launched an investigation of the Japanese company’s suspicious overpayments for acquisitions, received an award Monday from the Association of Certified Fraud Examiners. Full article

Canadian Labour Congress produces guide for investigating corporate negligence at work

Death & Injury at Work: A Criminal Code Offence. This guide is for investigating corporate criminal negligence in the workplace. The guide was written by two University of Ottawa law students based on research and advice from police officers, prosecutors, lawyers and worker health and safety representatives. The guide answers several questions concerning investigating corporate negligence including: … Read more

New ACFE Report Indicates Occupational Fraud Persists Globally

Worldwide, organizations lose an estimated 5 percent of their annual revenues—possibly more than $3.5 trillion—to fraud each year, according to the Austin, Texas-based Association of Certified Fraud Examiners (ACFE) 2012 Report to the Nations. Small businesses, many of which lack sophisticated systems to detect and thwart fraud, are particularly vulnerable to occupational fraud, which is … Read more

Monitoring leave of Absence Abuse

Monitoring leave of Absence Abuse: A recent decision from the 6th Circuit in the matter of in Seeger v. Cincinnati Bell may change the landscape of HR absence related investigations and the ability of employers to better defend their use of investigative techniques to protect themselves from employee related fraud. In the Seeger case, the employer … Read more

New Resource for Criminal Exoneration

New Resource for Criminal Exoneration: A new joint project assembled by the University of Michigan Law School and Northwestern University School of Law has culminated in what is believed to be the largest database of criminal exonerees. The database is available for search in the internet at http://www.law.umich.edu/special/exoneration/Pages/about.aspx

Michigan Lt. Gov Brian Calley addresses Michigan Private Investigators

Lansing, MI April 17, 2012   Michigan Lt. Governor Brian Calley was the keynote speaker at the MCPI meeting hosted at the Michigan Restaurant Association in Lansing. Calley gave an update on the progress the State and the Snyder/Calley administration has made during the past year.  After his presentation, the Lt. Governor was kind enough to filed questions from … Read more

Corporate Fraud

The Federal Bureau of Investigations released its latest financial crimes report and in this report they noted that corporate fraud is on of its “highest priorities” and it is on the rise. Key amongst these concerns was false accounting, fraudulently inflated assets, insider trading and kickbacks. If this has become an issue so large that … Read more

Even the President….

One would think that President of the United States would have multiple levels of support to keep his campaign protected from criminals and con artists. Unfortunately, based on the article below, it would appear that such characters have donated some of their ill gotten gains to his re-election campaign. http://www.detroitnews.com/article/20120402/POLITICS03/204020359/Top-Obama-campaign-donor-accused-fraud The lesson is quite simple; … Read more