Fraud Eats Strategy https://whitecollarforensic.com en 759492 Join us to hear about crime families, penny stock boiler rooms, international money launderers, narco-traffickers, oligarchs, dictators, warlords, and kleptocrats. The Fraud Eats Strategy series is the distillation of experiences, whether it's an accounting scandal, arrests, search warrants, loss of market cap, or all of those things at once – one thing is sure. Failure to consider fraud and corruption risk can upend your strategy and lead to disaster.   https://megaphone.imgix.net/podcasts/06078a80-de31-11ea-8d93-dfd0ad7bdb91/image/0c55101d6dc26fea351b5c1a8c31141a.png?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress Fraud Eats Strategy https://whitecollarforensic.com no episodic Fraud, White-Collar Crime and More Scott Moritz Join us to hear about crime families, penny stock boiler rooms, international money launderers, narco-traffickers, oligarchs, dictators, warlords, and kleptocrats. The Fraud Eats Strategy series is the distillation of experiences, whether it's an accounting scandal, arrests, search warrants, loss of market cap, or all of those things at once – one thing is sure. Failure to consider fraud and corruption risk can upend your strategy and lead to disaster.   Join us to hear about crime families, penny stock boiler rooms, international money launderers, narco-traffickers, oligarchs, dictators, warlords, and kleptocrats. The Fraud Eats Strategy series is the distillation of experiences, whether it's an accounting scandal, arrests, search warrants, loss of market cap, or all of those things at once – one thing is sure. Failure to consider fraud and corruption risk can upend your strategy and lead to disaster.  

]]> Scott Moritz scott.moritz@whitecollarforensic.com Leading in a Crisis: Confronting Violence in the Workplace Workplace violence is the third-leading cause of death in the workplace in the United States. According to the Bureau of Labor Statistics, of the 5,283 fatal workplace injuries that occurred in the United States in 2023, 740 fatalities were due to violent acts. Homicides (458) accounted for 61.9 percent of violent acts and 8.7 percent of all work-related fatalities. While it is not something anyone wants to think about or consider as a possibility in their place of work, it is a grim reality that organizational leaders must understand and prepare for.  Preparation takes several forms.  It includes crisis communications training and planning on how to lead when your organization is in the midst of or has just experienced a violent incident.  But of perhaps even greater importance is ensuring that your workforce receives training on what to do when confronted with a workplace violence incident be it an active shooter or some other violent threat or incident. Show notes: Kate Schweit Online Resources Bureau Consortium Thu, 02 Apr 2026 10:00:00 -0000 full 5 68 Scott Moritz Workplace violence is the third-leading cause of death in the workplace in the United States. According to the Bureau of Labor Statistics, of the 5,283 fatal workplace injuries that occurred in the United States in 2023, 740 fatalities were due to violent acts. Homicides (458) accounted for 61.9 percent of violent acts and 8.7 percent of all work-related fatalities. While it is not something anyone wants to think about or consider as a possibility in their place of work, it is a grim reality that organizational leaders must understand and prepare for.  Preparation takes several forms.  It includes crisis communications training and planning on how to lead when your organization is in the midst of or has just experienced a violent incident.  But of perhaps even greater importance is ensuring that your workforce receives training on what to do when confronted with a workplace violence incident be it an active shooter or some other violent threat or incident. Show notes: Kate Schweit Online Resources Bureau Consortium Workplace violence is the third-leading cause of death in the workplace in the United States. According to the Bureau of Labor Statistics, of the 5,283 fatal workplace injuries that occurred in the United States in 2023, 740 fatalities were due to violent acts. Homicides (458) accounted for 61.9 percent of violent acts and 8.7 percent of all work-related fatalities. While it is not something anyone wants to think about or consider as a possibility in their place of work, it is a grim reality that organizational leaders must understand and prepare for. 

Preparation takes several forms.  It includes crisis communications training and planning on how to lead when your organization is in the midst of or has just experienced a violent incident.  But of perhaps even greater importance is ensuring that your workforce receives training on what to do when confronted with a workplace violence incident be it an active shooter or some other violent threat or incident.

Show notes:

Kate Schweit Online Resources

Bureau Consortium

]]> 2111 no Braving Brazil - Operating in the Latin America's Largest Economy in Uncertain Times Brazil is a wild and wondrous country. The people are passionate, the celebrations spectacular and the history is rich. There’s a reason Brazil is Latin America’s largest economy. But investing and doing business in Brazil is fraught with rapidly changing, multi-faceted risks. Before 2014, there had been zero prosecutions under the country’s anti-bribery and corruption laws. Then the Lava Jato / Operation Car Wash investigation exploded on the scene and 280 people were convicted of having violated the Brazil Clean Companies Act. Amongst the people charged and 3 convicted in Lava Jato were former President Luiz Inacio Lula da Silva along with the presidents of Ecuador, Panama, Paraguay and Peru and senior executives of Brazil’s two largest state-owned companies, Petrobras and Odebrecht. It appeared that Brazil was well on its way to corruption reform. But corruption is insidious and political winds shift. Indeed, some of the recent developments in Brazil are nothing short of surreal. After several unsuccessful efforts to be allowed to run again for president despite his criminal conviction, Lula withdrew his candidacy and Jair Bolsonaro was elected president. Then in 2022, Lula was allowed to run again after the Supreme Court dismissed the 4 charges against him. Lula narrowly defeated Bolsonaro in a run off election in October 2022. Bolsonaro did the logical thing, he allegedly plotted to murder Lula. Former president Jair Bolsonaro has been charged with planning to stage a coup and poison the president. He was convicted at trial and sentenced to 27 years. And if you still think investing or expanding your operations into Brazil, you are made of tough stuff. But you may need some advice to navigate the chaotic risk environment that is Brazil. Tue, 27 Jan 2026 20:36:00 -0000 full 6 67 Scott Moritz Brazil is a wild and wondrous country. The people are passionate, the celebrations spectacular and the history is rich. There’s a reason Brazil is Latin America’s largest economy. But investing and doing business in Brazil is fraught with rapidly changing, multi-faceted risks. Before 2014, there had been zero prosecutions under the country’s anti-bribery and corruption laws. Then the Lava Jato / Operation Car Wash investigation exploded on the scene and 280 people were convicted of having violated the Brazil Clean Companies Act. Amongst the people charged and 3 convicted in Lava Jato were former President Luiz Inacio Lula da Silva along with the presidents of Ecuador, Panama, Paraguay and Peru and senior executives of Brazil’s two largest state-owned companies, Petrobras and Odebrecht. It appeared that Brazil was well on its way to corruption reform. But corruption is insidious and political winds shift. Indeed, some of the recent developments in Brazil are nothing short of surreal. After several unsuccessful efforts to be allowed to run again for president despite his criminal conviction, Lula withdrew his candidacy and Jair Bolsonaro was elected president. Then in 2022, Lula was allowed to run again after the Supreme Court dismissed the 4 charges against him. Lula narrowly defeated Bolsonaro in a run off election in October 2022. Bolsonaro did the logical thing, he allegedly plotted to murder Lula. Former president Jair Bolsonaro has been charged with planning to stage a coup and poison the president. He was convicted at trial and sentenced to 27 years. And if you still think investing or expanding your operations into Brazil, you are made of tough stuff. But you may need some advice to navigate the chaotic risk environment that is Brazil. Brazil is a wild and wondrous country. The people are passionate, the celebrations spectacular and the history is rich. There’s a reason Brazil is Latin America’s largest economy. But investing and doing business in Brazil is fraught with rapidly changing, multi-faceted risks.

Before 2014, there had been zero prosecutions under the country’s anti-bribery and corruption laws. Then the Lava Jato / Operation Car Wash investigation exploded on the scene and 280 people were convicted of having violated the Brazil Clean Companies Act. Amongst the people charged and 3 convicted in Lava Jato were former President Luiz

Inacio Lula da Silva along with the presidents of Ecuador, Panama, Paraguay and Peru and senior executives of Brazil’s two largest state-owned companies, Petrobras and Odebrecht. It appeared that Brazil was well on its way to corruption reform. But corruption is insidious and political winds shift. Indeed, some of the recent developments in Brazil are nothing short of surreal. After several unsuccessful efforts to be allowed to run again for president despite his criminal conviction, Lula withdrew his candidacy and Jair Bolsonaro was elected president. Then in 2022, Lula was allowed to run again after the Supreme Court dismissed the 4 charges against him. Lula narrowly defeated Bolsonaro in a run off election in October 2022. Bolsonaro did the logical thing, he allegedly plotted to murder Lula. Former president Jair Bolsonaro has been charged with planning to stage a coup and poison the president. He was convicted at trial and sentenced to 27 years. And if you still think investing or expanding your operations into Brazil, you are made of tough stuff. But you may need some advice to navigate the chaotic risk environment that is Brazil.



]]> 1887 no The Rise of Whistleblowing and Retaliation Across Latin America It is fair to say that whistleblowing across Latin America has caught on.  In fact, according to NAVEX’s 2025 Regional Whistleblowing & Incident Management Benchmark Report, a median of 2.97 out of each 100 employees submitted whistleblower reports last year. While that may not seem high, it is the highest region by far in NAVEX’s study when compared to the global median of 1.57 or the lowest of the four regions studied, Europe at .67.  Does a higher volume of reports suggest a willingness to come forward without fear of retaliation or is it something else?   The NAVEX report breaks down whistleblower allegations into risk categories.  Workplace Conduct, Accounting and Financial Reporting, Business Integrity, Environment, Health and Safety, Misuse or Misappropriation of Assets and Other.  In Latin America, 2/3 of all reports fell into the category of Workplace Conduct. Underneath these 6 categories, there are a total of 24 risk types including Harassment, Discrimination, Substance Abuse, Compensation and Benefits, Workplace Civility (or incivility, I suppose), Other Human Resources and Retaliation.  Given that 2/3 of what’s been reported on falls within these categories, that seems like a good place to start our exploration of whistleblowing in Latin America. Wed, 10 Dec 2025 11:00:00 -0000 full 5 65 Scott Moritz It is fair to say that whistleblowing across Latin America has caught on.  In fact, according to NAVEX’s 2025 Regional Whistleblowing & Incident Management Benchmark Report, a median of 2.97 out of each 100 employees submitted whistleblower reports last year. While that may not seem high, it is the highest region by far in NAVEX’s study when compared to the global median of 1.57 or the lowest of the four regions studied, Europe at .67.  Does a higher volume of reports suggest a willingness to come forward without fear of retaliation or is it something else?   The NAVEX report breaks down whistleblower allegations into risk categories.  Workplace Conduct, Accounting and Financial Reporting, Business Integrity, Environment, Health and Safety, Misuse or Misappropriation of Assets and Other.  In Latin America, 2/3 of all reports fell into the category of Workplace Conduct. Underneath these 6 categories, there are a total of 24 risk types including Harassment, Discrimination, Substance Abuse, Compensation and Benefits, Workplace Civility (or incivility, I suppose), Other Human Resources and Retaliation.  Given that 2/3 of what’s been reported on falls within these categories, that seems like a good place to start our exploration of whistleblowing in Latin America. It is fair to say that whistleblowing across Latin America has caught on.  In fact, according to NAVEX’s 2025 Regional Whistleblowing & Incident Management Benchmark Report, a median of 2.97 out of each 100 employees submitted whistleblower reports last year. While that may not seem high, it is the highest region by far in NAVEX’s study when compared to the global median of 1.57 or the lowest of the four regions studied, Europe at .67.  Does a higher volume of reports suggest a willingness to come forward without fear of retaliation or is it something else?  

The NAVEX report breaks down whistleblower allegations into risk categories.  Workplace Conduct, Accounting and Financial Reporting, Business Integrity, Environment, Health and Safety, Misuse or Misappropriation of Assets and Other. 

In Latin America, 2/3 of all reports fell into the category of Workplace Conduct. Underneath these 6 categories, there are a total of 24 risk types including Harassment, Discrimination, Substance Abuse, Compensation and Benefits, Workplace Civility (or incivility, I suppose), Other Human Resources and Retaliation.  Given that 2/3 of what’s been reported on falls within these categories, that seems like a good place to start our exploration of whistleblowing in Latin America.

]]> 2618 no Do High Performers Pose Greater Risk? So as we approach year end, many organizations are conducting performance evaluations and are allocating the bonus pool accordingly. And during the performance review process, low performers garner a lot of negative attention as you might expect. Indeed, one of the more widely recognized red flags in efforts to identify fraud risk is that of a disenfranchised employee, often a subset of the low performer pool. But what if I told you that the opposite may be true and it's high performers who pose a disproportionate amount of organizational risk? Wed, 26 Nov 2025 14:32:00 -0000 full 5 65 Scott Moritz So as we approach year end, many organizations are conducting performance evaluations and are allocating the bonus pool accordingly. And during the performance review process, low performers garner a lot of negative attention as you might expect. Indeed, one of the more widely recognized red flags in efforts to identify fraud risk is that of a disenfranchised employee, often a subset of the low performer pool. But what if I told you that the opposite may be true and it's high performers who pose a disproportionate amount of organizational risk? So as we approach year end, many organizations are conducting performance evaluations and are allocating the bonus pool accordingly. And during the performance review process, low performers garner a lot of negative attention as you might expect. Indeed, one of the more widely recognized red flags in efforts to identify fraud risk is that of a disenfranchised employee, often a subset of the low performer pool.

But what if I told you that the opposite may be true and it's high performers who pose a disproportionate amount of organizational risk?

]]> 2794 no The Crypto Cringe - Why People Still Avoid Crypto Currency I think for a lot of us, when we think about crypto, it still makes us cringe a little bit. And the question and the topic of today's episode is, should it still make us cringe? Whether you're a fan or you're shying away from it, the crypto ecosystem is expanding rapidly. Part of what is causing many to spurn crypto is due to reputational issues. These include the prevalence of crypto-themed fraud, and vulnerability to hacking, which make many retail investors uncomfortable and are keeping some people away. And at the same time, crypto adoption is expanding and the regulatory and enforcement environment has become more favorable to business. This confluence is opening increased opportunities for innovation, but it's also creating opportunities for a wide range of fraud schemes ranging from meme coin scans to sophisticated market manipulation. And some of the most egregious examples of crypto fraud, they continue to be addressed by law enforcement, and rightly so. But civil enforcement by victims and other private parties is equally important in addressing crypto fraud and holding crypto criminals accountable to their victims. It's also important to remember that criminal investigations primary objective is to punish those responsible, whereas making victims whole is secondary and certainly not a foregone conclusion. Civil litigation can really fill that void by seeking recovery for victims of things like pig butchering scams, crypto project, rug pulls, and institutional investment schemes such as those involving crypto startups that failed to execute. Tue, 11 Nov 2025 11:00:00 -0000 full 5 64 Scott Moritz I think for a lot of us, when we think about crypto, it still makes us cringe a little bit. And the question and the topic of today's episode is, should it still make us cringe? Whether you're a fan or you're shying away from it, the crypto ecosystem is expanding rapidly. Part of what is causing many to spurn crypto is due to reputational issues. These include the prevalence of crypto-themed fraud, and vulnerability to hacking, which make many retail investors uncomfortable and are keeping some people away. And at the same time, crypto adoption is expanding and the regulatory and enforcement environment has become more favorable to business. This confluence is opening increased opportunities for innovation, but it's also creating opportunities for a wide range of fraud schemes ranging from meme coin scans to sophisticated market manipulation. And some of the most egregious examples of crypto fraud, they continue to be addressed by law enforcement, and rightly so. But civil enforcement by victims and other private parties is equally important in addressing crypto fraud and holding crypto criminals accountable to their victims. It's also important to remember that criminal investigations primary objective is to punish those responsible, whereas making victims whole is secondary and certainly not a foregone conclusion. Civil litigation can really fill that void by seeking recovery for victims of things like pig butchering scams, crypto project, rug pulls, and institutional investment schemes such as those involving crypto startups that failed to execute. I think for a lot of us, when we think about crypto, it still makes us cringe a little bit. And the question and the topic of today's episode is, should it still make us cringe?

Whether you're a fan or you're shying away from it, the crypto ecosystem is expanding rapidly. Part of what is causing many to spurn crypto is due to reputational issues. These include the prevalence of crypto-themed fraud, and vulnerability to hacking, which make many retail investors uncomfortable and are keeping some people away. And at the same time, crypto adoption is expanding and the regulatory and enforcement environment has become more favorable to business.

This confluence is opening increased opportunities for innovation, but it's also creating opportunities for a wide range of fraud schemes ranging from meme coin scans to sophisticated market manipulation. And some of the most egregious examples of crypto fraud, they continue to be addressed by law enforcement, and rightly so. But civil enforcement by victims and other private parties is equally important in addressing crypto fraud and holding crypto criminals accountable to their victims.

It's also important to remember that criminal investigations primary objective is to punish those responsible, whereas making victims whole is secondary and certainly not a foregone conclusion. Civil litigation can really fill that void by seeking recovery for victims of things like pig butchering scams, crypto project, rug pulls, and institutional investment schemes such as those involving crypto startups that failed to execute.

]]> 2248 no Blacklisted Banks and Foreign Terrorist Organizations: Still Want to Invest in Mexico? Mexico is a critically important trading partner with the U.S.  Together with China and Canada, the three account for 36.5% of all U.S. imports and 32.1% of all U.S. exports amounting to over $1 trillion of trade each year. And yet, Mexico is always a challenging country in which to do business. The gap became the wealthiest and the poorest is enormous.  Violent crime and gun violence is extremely prevalent. Government and police corruption is widespread, and Mexico is amongst the largest global producers of cocaine, heroin and Fentanyl.  In addition to being a narcotics source country, because it borders the U.S., it is a major narcotics transshipment country.  And all of the money generated by narcotics trafficking has to be laundered.  In fact, Mexican money launderers are amongst the world’s most innovative who make use of a combination of trade-based money laundering, traditional money laundering through cash intensive businesses, bulk smuggling of U.S. currency, the black market peso exchange and other proven and widely used techniques. On a more positive note, Mexico is also a huge trading and manufacturing partner for a wide range of goods including automobiles and car parts, clothing, housewares, precious metals, oil and gas and a huge volume of agricultural products. Mexico is fraught with risk, tensions between Mexico and the U.S. are at an all time high. And yet, our two economies and national security are inextricably linked.  So how do U.S. companies with significant operations in Mexico continue to operate there?  And what should companies who are considering investing in the Mexican market do to mitigate all of this uncertainty? Tue, 21 Oct 2025 11:45:00 -0000 full 5 63 Scott Moritz Mexico is a critically important trading partner with the U.S.  Together with China and Canada, the three account for 36.5% of all U.S. imports and 32.1% of all U.S. exports amounting to over $1 trillion of trade each year. And yet, Mexico is always a challenging country in which to do business. The gap became the wealthiest and the poorest is enormous.  Violent crime and gun violence is extremely prevalent. Government and police corruption is widespread, and Mexico is amongst the largest global producers of cocaine, heroin and Fentanyl.  In addition to being a narcotics source country, because it borders the U.S., it is a major narcotics transshipment country.  And all of the money generated by narcotics trafficking has to be laundered.  In fact, Mexican money launderers are amongst the world’s most innovative who make use of a combination of trade-based money laundering, traditional money laundering through cash intensive businesses, bulk smuggling of U.S. currency, the black market peso exchange and other proven and widely used techniques. On a more positive note, Mexico is also a huge trading and manufacturing partner for a wide range of goods including automobiles and car parts, clothing, housewares, precious metals, oil and gas and a huge volume of agricultural products. Mexico is fraught with risk, tensions between Mexico and the U.S. are at an all time high. And yet, our two economies and national security are inextricably linked.  So how do U.S. companies with significant operations in Mexico continue to operate there?  And what should companies who are considering investing in the Mexican market do to mitigate all of this uncertainty? Mexico is a critically important trading partner with the U.S.  Together with China and Canada, the three account for 36.5% of all U.S. imports and 32.1% of all U.S. exports amounting to over $1 trillion of trade each year. And yet, Mexico is always a challenging country in which to do business. The gap became the wealthiest and the poorest is enormous.  Violent crime and gun violence is extremely prevalent. Government and police corruption is widespread, and Mexico is amongst the largest global producers of cocaine, heroin and Fentanyl.  In addition to being a narcotics source country, because it borders the U.S., it is a major narcotics transshipment country.  And all of the money generated by narcotics trafficking has to be laundered.  In fact, Mexican money launderers are amongst the world’s most innovative who make use of a combination of trade-based money laundering, traditional money laundering through cash intensive businesses, bulk smuggling of U.S. currency, the black market peso exchange and other proven and widely used techniques.

On a more positive note, Mexico is also a huge trading and manufacturing partner for a wide range of goods including automobiles and car parts, clothing, housewares, precious metals, oil and gas and a huge volume of agricultural products. Mexico is fraught with risk, tensions between Mexico and the U.S. are at an all time high. And yet, our two economies and national security are inextricably linked.  So how do U.S. companies with significant operations in Mexico continue to operate there?  And what should companies who are considering investing in the Mexican market do to mitigate all of this uncertainty?

]]> 2033 no The 10 Keys to Successful Investigations: A Crossover Edition of the Fraud Eats Strategy (Scott Moritz) and Nota Bene (Scott Maberry) Podcasts In this special crossover episode, Scott Moritz, President of White Collar Forensic LLC and host of the Fraud Eats Strategy, and Scott Maberry, host of the Nota Bene, discuss important considerations in internal investigations and how integrating each into your process can improve efficiency and lead to better and more consistent results. Wed, 08 Oct 2025 10:00:00 -0000 full 5 62 Scott Moritz In this special crossover episode, Scott Moritz, President of White Collar Forensic LLC and host of the Fraud Eats Strategy, and Scott Maberry, host of the Nota Bene, discuss important considerations in internal investigations and how integrating each into your process can improve efficiency and lead to better and more consistent results. In this special crossover episode, Scott Moritz, President of White Collar Forensic LLC and host of the Fraud Eats Strategy, and Scott Maberry, host of the Nota Bene, discuss important considerations in internal investigations and how integrating each into your process can improve efficiency and lead to better and more consistent results.


]]> 2472 no Without Fear or Favor: The Last of the Watchdogs Revisited In March of 2025, Former Inspector General of the Department of the Interior Mark Lee Greenblatt and I discussed the firing of the Inspectors General and its far-reaching implications for the country. With the blizzard of Executive Orders, high profile government firings and other maneuvers that appear to continue to tear down government agencies, it would be easy to forget about firing of the IGs and the long term consequences. Mark Lee Greenblatt is making it his mission so that the American people don’t lost sight of that fact. At the time of the firing of the IGs, we could only engage in conjecture as to what the long-term implications would be. On January 24, 2025, President Trump fired 16 inspectors general of the 16 largest, most complex U.S. government agencies and a 17th, the IG for USAID Paul Martin, 2 weeks later. The number has since risen to 20.  Tue, 02 Sep 2025 10:00:00 -0000 full 5 61 Scott Moritz In March of 2025, Former Inspector General of the Department of the Interior Mark Lee Greenblatt and I discussed the firing of the Inspectors General and its far-reaching implications for the country. With the blizzard of Executive Orders, high profile government firings and other maneuvers that appear to continue to tear down government agencies, it would be easy to forget about firing of the IGs and the long term consequences. Mark Lee Greenblatt is making it his mission so that the American people don’t lost sight of that fact. At the time of the firing of the IGs, we could only engage in conjecture as to what the long-term implications would be. On January 24, 2025, President Trump fired 16 inspectors general of the 16 largest, most complex U.S. government agencies and a 17th, the IG for USAID Paul Martin, 2 weeks later. The number has since risen to 20.  In March of 2025, Former Inspector General of the Department of the Interior Mark Lee Greenblatt and I discussed the firing of the Inspectors General and its far-reaching implications for the country.

With the blizzard of Executive Orders, high profile government firings and other maneuvers that appear to continue to tear down government agencies, it would be easy to forget about firing of the IGs and the long term consequences. Mark Lee Greenblatt is making it his mission so that the American people don’t lost sight of that fact. At the time of the firing of the IGs, we could only engage in conjecture as to what the long-term implications would be.

On January 24, 2025, President Trump fired 16 inspectors general of the 16 largest, most complex U.S. government agencies and a 17th, the IG for USAID Paul Martin, 2 weeks later. The number has since risen to 20. 

]]> 1391 no Monitorships and Leniency Agreements in Latin America Petrobras, Braskem, Odebrecht, Stericycle and other U.S. style compliance and regulatory actions continue to be more commonplace across Latin America in the past decade. Indeed, there has been a tectonic shift in the implementation of leading industry compliance program overhauls following significant investigations and prosecutions. Some of those matters have included the use of legal tools such as monitorships and deferred prosecution agreements. While organizations on the receiving end of what is sometimes referred to in Latin America as a “leniency agreement” and/or the imposition of a compliance monitor may not welcome these measures or the costs. And yet done correctly, they can deliver long term benefits that over time may lead to improved profitability, transparency, stronger ethical culture and improved morale.  Tue, 26 Aug 2025 10:00:00 -0000 full 5 60 Scott Moritz Petrobras, Braskem, Odebrecht, Stericycle and other U.S. style compliance and regulatory actions continue to be more commonplace across Latin America in the past decade. Indeed, there has been a tectonic shift in the implementation of leading industry compliance program overhauls following significant investigations and prosecutions. Some of those matters have included the use of legal tools such as monitorships and deferred prosecution agreements. While organizations on the receiving end of what is sometimes referred to in Latin America as a “leniency agreement” and/or the imposition of a compliance monitor may not welcome these measures or the costs. And yet done correctly, they can deliver long term benefits that over time may lead to improved profitability, transparency, stronger ethical culture and improved morale.  Petrobras, Braskem, Odebrecht, Stericycle and other U.S. style compliance and regulatory actions continue to be more commonplace across Latin America in the past decade.

Indeed, there has been a tectonic shift in the implementation of leading industry compliance program overhauls following significant investigations and prosecutions. Some of those matters have included the use of legal tools such as monitorships and deferred prosecution agreements. While organizations on the receiving end of what is sometimes referred to in Latin America as a “leniency agreement” and/or the imposition of a compliance monitor may not welcome these measures or the costs. And yet done correctly, they can deliver long term benefits that over time may lead to improved profitability, transparency, stronger ethical culture and improved morale. 

]]> 1977 no Exporting Compliance – Conducting Compliance Investigations Across Latin America The world is a turbulent place in 2025 and doing business outside of the U.S. means needing to understand and to be able to react to a dynamic and evolving risk environment. The many countries and amazing people comprising Latin America are an important customer base and trading partner for most global organizations. Many global businesses have significant operations in the region and despite the turbulence, the region is full of opportunity. Drug cartels, transnational crime groups and gang violence, corrupt public officials, unstable governments, and professional kidnap for ransom operations are just a handful of the challenges that face global organizations operating in Latin America.  To take advantage of the bountiful opportunities across the region, organizations need to be able to proactively identify, manage and mitigate these and other operational risks. It starts with knowing who you are doing business with, their reputations, prior conduct and whether their political connections are a help or a significant hindrance.  Likewise, it is equally important to be able to deploy international counsel and their partners to triage crises, investigate negative events, stabilize volatile situations, understand and act upon the compliance implications and pursue avenues of recovery when losses occur.    Tue, 15 Jul 2025 10:00:00 -0000 full 5 59 Scott Moritz The world is a turbulent place in 2025 and doing business outside of the U.S. means needing to understand and to be able to react to a dynamic and evolving risk environment. The many countries and amazing people comprising Latin America are an important customer base and trading partner for most global organizations. Many global businesses have significant operations in the region and despite the turbulence, the region is full of opportunity. Drug cartels, transnational crime groups and gang violence, corrupt public officials, unstable governments, and professional kidnap for ransom operations are just a handful of the challenges that face global organizations operating in Latin America.  To take advantage of the bountiful opportunities across the region, organizations need to be able to proactively identify, manage and mitigate these and other operational risks. It starts with knowing who you are doing business with, their reputations, prior conduct and whether their political connections are a help or a significant hindrance.  Likewise, it is equally important to be able to deploy international counsel and their partners to triage crises, investigate negative events, stabilize volatile situations, understand and act upon the compliance implications and pursue avenues of recovery when losses occur.    The world is a turbulent place in 2025 and doing business outside of the U.S. means needing to understand and to be able to react to a dynamic and evolving risk environment. The many countries and amazing people comprising Latin America are an important customer base and trading partner for most global organizations. Many global businesses have significant operations in the region and despite the turbulence, the region is full of opportunity.

Drug cartels, transnational crime groups and gang violence, corrupt public officials, unstable governments, and professional kidnap for ransom operations are just a handful of the challenges that face global organizations operating in Latin America. 

To take advantage of the bountiful opportunities across the region, organizations need to be able to proactively identify, manage and mitigate these and other operational risks. It starts with knowing who you are doing business with, their reputations, prior conduct and whether their political connections are a help or a significant hindrance. 

Likewise, it is equally important to be able to deploy international counsel and their partners to triage crises, investigate negative events, stabilize volatile situations, understand and act upon the compliance implications and pursue avenues of recovery when losses occur.   


]]> 1808 no The Last of the Watchdogs On inauguration day, President Trump rescinded numerous Executive Orders from prior administrations including one in which appointees within each Executive Branch Agency was required to sign a pledge not to accept gifts from lobbyists, recuse themselves from matters related immediate former employers or clients for 2 years, and not to participate in any matter for which they lobbied the government as a registered lobbyist for 2 years. The pledge also required appointees upon leaving government not to communicate with their former agency or senior White House Senior Staff for 2 years, not to assist others to do so, not to lobby the U.S. government or on behalf of a foreign government or political party, not to accept a golden parachute payment coinciding with the acceptance of an appointment and to make employment decisions on their merits. The President has made a series of unorthodox appointments to head major government agencies including people who have publicly advocated for disbanding and/or radically changing those agencies and calling them “irredeemably corrupt” or other extremely derisive terminology. Also on inauguration day, the President pardoned ~1500 January 6th rioters and commuted the sentences of 14 others.  Then, the DOJ mandated that the FBI turn over the names of all FBI personnel who participated in the January 6th investigations and fired or threatened to fire anyone who refused to comply.  This was preceded by over a dozen firings of senior FBI and DOJ officials who played a substantive role in the January 6th investigations and prosecutions. Ultimately, the names of ~5000 FBI personnel were turned over without much assurance that their names wouldn’t be publicly released posing genuine safety concerns.  But perhaps the biggest body blow to the federal law enforcement community came on January 24, 2025 when President Trump fired 16 inspectors general of the 16 largest, most complex U.S. government agencies and a 17th, the IG for USAID Paul Martin, 2 weeks later. In case that purge wasn’t enough to upend the government’s ability to police itself, Hampton Dellinger, the head of the Office of Special Counsel and David Huitema, Director of the Office of Government Ethics were also fired.  And the upheaval continues unabated.  Thu, 20 Mar 2025 10:00:00 -0000 full 5 58 Scott Moritz On inauguration day, President Trump rescinded numerous Executive Orders from prior administrations including one in which appointees within each Executive Branch Agency was required to sign a pledge not to accept gifts from lobbyists, recuse themselves from matters related immediate former employers or clients for 2 years, and not to participate in any matter for which they lobbied the government as a registered lobbyist for 2 years. The pledge also required appointees upon leaving government not to communicate with their former agency or senior White House Senior Staff for 2 years, not to assist others to do so, not to lobby the U.S. government or on behalf of a foreign government or political party, not to accept a golden parachute payment coinciding with the acceptance of an appointment and to make employment decisions on their merits. The President has made a series of unorthodox appointments to head major government agencies including people who have publicly advocated for disbanding and/or radically changing those agencies and calling them “irredeemably corrupt” or other extremely derisive terminology. Also on inauguration day, the President pardoned ~1500 January 6th rioters and commuted the sentences of 14 others.  Then, the DOJ mandated that the FBI turn over the names of all FBI personnel who participated in the January 6th investigations and fired or threatened to fire anyone who refused to comply.  This was preceded by over a dozen firings of senior FBI and DOJ officials who played a substantive role in the January 6th investigations and prosecutions. Ultimately, the names of ~5000 FBI personnel were turned over without much assurance that their names wouldn’t be publicly released posing genuine safety concerns.  But perhaps the biggest body blow to the federal law enforcement community came on January 24, 2025 when President Trump fired 16 inspectors general of the 16 largest, most complex U.S. government agencies and a 17th, the IG for USAID Paul Martin, 2 weeks later. In case that purge wasn’t enough to upend the government’s ability to police itself, Hampton Dellinger, the head of the Office of Special Counsel and David Huitema, Director of the Office of Government Ethics were also fired.  And the upheaval continues unabated.  On inauguration day, President Trump rescinded numerous Executive Orders from prior administrations including one in which appointees within each Executive Branch Agency was required to sign a pledge not to accept gifts from lobbyists, recuse themselves from matters related immediate former employers or clients for 2 years, and not to participate in any matter for which they lobbied the government as a registered lobbyist for 2 years. The pledge also required appointees upon leaving government not to communicate with their former agency or senior White House Senior Staff for 2 years, not to assist others to do so, not to lobby the U.S. government or on behalf of a foreign government or political party, not to accept a golden parachute payment coinciding with the acceptance of an appointment and to make employment decisions on their merits. The President has made a series of unorthodox appointments to head major government agencies including people who have publicly advocated for disbanding and/or radically changing those agencies and calling them “irredeemably corrupt” or other extremely derisive terminology. Also on inauguration day, the President pardoned ~1500 January 6th rioters and commuted the sentences of 14 others.  Then, the DOJ mandated that the FBI turn over the names of all FBI personnel who participated in the January 6th investigations and fired or threatened to fire anyone who refused to comply.  This was preceded by over a dozen firings of senior FBI and DOJ officials who played a substantive role in the January 6th investigations and prosecutions. Ultimately, the names of ~5000 FBI personnel were turned over without much assurance that their names wouldn’t be publicly released posing genuine safety concerns.  But perhaps the biggest body blow to the federal law enforcement community came on January 24, 2025 when President Trump fired 16 inspectors general of the 16 largest, most complex U.S. government agencies and a 17th, the IG for USAID Paul Martin, 2 weeks later. In case that purge wasn’t enough to upend the government’s ability to police itself, Hampton Dellinger, the head of the Office of Special Counsel and David Huitema, Director of the Office of Government Ethics were also fired.  And the upheaval continues unabated. 

]]> 2337 no Pig Butchering: The Intersection of Romance Fraud and Human Trafficking Of the various fraud scheme names that have been coined over the years, “Pig Butchering” is one that provokes the most visceral response based on the name alone. And yet, the actual act of Pig Butchering is even more horrible than the name suggests. It is the latest variation of an age-old type of crime under the umbrella of “Romance Schemes”.  People who prey on the lonely and elderly pretending to be a potential romantic partner with the express purpose of defrauding them. Guest Erin West, founder of Operation Shamrock, speaks about the mission to raise awareness of pig butchering with everyone, everywhere, all the time. Wed, 05 Feb 2025 11:00:00 -0000 full 5 57 Scott Moritz Of the various fraud scheme names that have been coined over the years, “Pig Butchering” is one that provokes the most visceral response based on the name alone. And yet, the actual act of Pig Butchering is even more horrible than the name suggests. It is the latest variation of an age-old type of crime under the umbrella of “Romance Schemes”.  People who prey on the lonely and elderly pretending to be a potential romantic partner with the express purpose of defrauding them. Guest Erin West, founder of Operation Shamrock, speaks about the mission to raise awareness of pig butchering with everyone, everywhere, all the time. Of the various fraud scheme names that have been coined over the years, “Pig Butchering” is one that provokes the most visceral response based on the name alone. And yet, the actual act of Pig Butchering is even more horrible than the name suggests. It is the latest variation of an age-old type of crime under the umbrella of “Romance Schemes”.  People who prey on the lonely and elderly pretending to be a potential romantic partner with the express purpose of defrauding them.

Guest Erin West, founder of Operation Shamrock, speaks about the mission to raise awareness of pig butchering with everyone, everywhere, all the time.

]]> 1392 no The Existential Threat of China A discussion on China's state-sponsored theft of intellectual property from the U.S. and other leading economies with guest Frank Figliuzzi. Frank is a national security contributor and regular columnist for NBC News and MSNBC. He was the assistant director for counterintelligence at the FBI, where he served 25 years as a special agent and directed all espionage investigations across the government. He is the author of “The FBI Way: Inside the Bureau’s Code of Excellence”, and his most recent book "Long Haul: Hunting the Highway Serial Killers." Wed, 23 Oct 2024 10:00:00 -0000 full 4 56 Scott Moritz A discussion on China's state-sponsored theft of intellectual property from the U.S. and other leading economies with guest Frank Figliuzzi. Frank is a national security contributor and regular columnist for NBC News and MSNBC. He was the assistant director for counterintelligence at the FBI, where he served 25 years as a special agent and directed all espionage investigations across the government. He is the author of “The FBI Way: Inside the Bureau’s Code of Excellence”, and his most recent book "Long Haul: Hunting the Highway Serial Killers." A discussion on China's state-sponsored theft of intellectual property from the U.S. and other leading economies with guest Frank Figliuzzi. Frank is a national security contributor and regular columnist for NBC News and MSNBC. He was the assistant director for counterintelligence at the FBI, where he served 25 years as a special agent and directed all espionage investigations across the government. He is the author of “The FBI Way: Inside the Bureau’s Code of Excellence”, and his most recent book "Long Haul: Hunting the Highway Serial Killers."

]]> 2155 no After the Fraud: Recovering Losses in an Insurance Claim Losses from a major financial crime can have a long term, negative impact on an organization.  The odds of recovering those losses are not great. In fact, many fraudsters embark on their criminal path because of the financial wreckage that is their personal lives. Divorces, job losses, health crises and addictions often cause otherwise decent, law-abiding people to lose their minds, become desperate and commit fraud. Fraudsters who committed crimes because of crushing debt don’t usually represent an attractive option when it comes time to seek financial recovery. Third parties sometimes do. The most reliable avenue for financial recovery may be your insurance carrier. Fraud losses incurred because of employee dishonesty are probably covered under your commercial crime or fidelity policy. If the bad actors in your company are board members or officers, the losses may be covered by your Directors & Officers (D&O) liability policy. Other policies that could come into play depending upon the facts include your general liability, property and casualty, professional liability and cyber policies.   Wed, 25 Sep 2024 10:00:00 -0000 After the Fraud: Recovering Losses in an Insurance Claim full 4 55 Scott Moritz Losses from a major financial crime can have a long term, negative impact on an organization.  The odds of recovering those losses are not great. In fact, many fraudsters embark on their criminal path because of the financial wreckage that is their personal lives. Divorces, job losses, health crises and addictions often cause otherwise decent, law-abiding people to lose their minds, become desperate and commit fraud. Fraudsters who committed crimes because of crushing debt don’t usually represent an attractive option when it comes time to seek financial recovery. Third parties sometimes do. The most reliable avenue for financial recovery may be your insurance carrier. Fraud losses incurred because of employee dishonesty are probably covered under your commercial crime or fidelity policy. If the bad actors in your company are board members or officers, the losses may be covered by your Directors & Officers (D&O) liability policy. Other policies that could come into play depending upon the facts include your general liability, property and casualty, professional liability and cyber policies.   Losses from a major financial crime can have a long term, negative impact on an organization.  The odds of recovering those losses are not great. In fact, many fraudsters embark on their criminal path because of the financial wreckage that is their personal lives. Divorces, job losses, health crises and addictions often cause otherwise decent, law-abiding people to lose their minds, become desperate and commit fraud. Fraudsters who committed crimes because of crushing debt don’t usually represent an attractive option when it comes time to seek financial recovery. Third parties sometimes do. The most reliable avenue for financial recovery may be your insurance carrier. Fraud losses incurred because of employee dishonesty are probably covered under your commercial crime or fidelity policy. If the bad actors in your company are board members or officers, the losses may be covered by your Directors & Officers (D&O) liability policy. Other policies that could come into play depending upon the facts include your general liability, property and casualty, professional liability and cyber policies.  



]]> 1589 no Avoiding Trial by Fire: A Primer on Crisis Communications “It's better to keep your mouth shut and appear stupid than open it and remove all doubt”. Certainly, this quote, who depending on who you ask is attributable to Mark Twain, Abraham Lincoln or Confucius, is a great way to encapsulate the importance of crisis communications.   We have all seen examples of how things can go from bad to worse when someone steps to the podium during a crisis that is unfolding and makes public pronouncements without first gathering the facts. Mishandling crisis communications can shift the focus away from the crisis at hand and make the company’s handling of the crisis the bigger story. Crisis communications is a critically important tool in the company’s arsenal during a high-profile investigation. Wed, 04 Sep 2024 10:00:00 -0000 Avoiding Trial by Fire: A Primer on Crisis Communications full 4 54 Scott Moritz “It's better to keep your mouth shut and appear stupid than open it and remove all doubt”. Certainly, this quote, who depending on who you ask is attributable to Mark Twain, Abraham Lincoln or Confucius, is a great way to encapsulate the importance of crisis communications.   We have all seen examples of how things can go from bad to worse when someone steps to the podium during a crisis that is unfolding and makes public pronouncements without first gathering the facts. Mishandling crisis communications can shift the focus away from the crisis at hand and make the company’s handling of the crisis the bigger story. Crisis communications is a critically important tool in the company’s arsenal during a high-profile investigation. “It's better to keep your mouth shut and appear stupid than open it and remove all doubt”. Certainly, this quote, who depending on who you ask is attributable to Mark Twain, Abraham Lincoln or Confucius, is a great way to encapsulate the importance of crisis communications.  

We have all seen examples of how things can go from bad to worse when someone steps to the podium during a crisis that is unfolding and makes public pronouncements without first gathering the facts. Mishandling crisis communications can shift the focus away from the crisis at hand and make the company’s handling of the crisis the bigger story. Crisis communications is a critically important tool in the company’s arsenal during a high-profile investigation.

]]> 1715 no Interview Techniques & Detecting Deception on Zoom https://podcasts.apple.com/podcast/id1527816335?hootPostID=46b8b34973f2a6ccf1a0a3b5adeee4a3 In this episode, we talk about remote witness interviews and how to make the best of a bad situation using time-tested interrogation techniques and other methods. While things are starting to return to something resembling normal, our use of video conferencing as a business tool is here to stay. I’ve been fielding a lot of questions about use of body language and other techniques to try to limit a witness or deponent’s ability to be coached or misdirect the interviewer. With us today is a subject matter expert on interviewing and interrogation skills, Michael Bret Hood. Bret is the Founding Partner of 21st Century Learning & Consulting, LLC where he teaches leadership skills. He is also an adjunct professor of Corporate Governance and Ethics at University of Virginia.  For more information visit: https://whitecollarforensic.com Wed, 21 Aug 2024 10:00:00 -0000 How Interview Techniques & Detecting Deception on Zoom Can Help You full 1 3 Scott Moritz Scott Moritz speaks to former FBI Agent, Michael Bret Hood about how to detect deception in an interview In this episode, we talk about remote witness interviews and how to make the best of a bad situation using time-tested interrogation techniques and other methods. While things are starting to return to something resembling normal, our use of video conferencing as a business tool is here to stay. I’ve been fielding a lot of questions about use of body language and other techniques to try to limit a witness or deponent’s ability to be coached or misdirect the interviewer. With us today is a subject matter expert on interviewing and interrogation skills, Michael Bret Hood. Bret is the Founding Partner of 21st Century Learning & Consulting, LLC where he teaches leadership skills. He is also an adjunct professor of Corporate Governance and Ethics at University of Virginia.  For more information visit: https://whitecollarforensic.com In this episode, we talk about remote witness interviews and how to make the best of a bad situation using time-tested interrogation techniques and other methods. While things are starting to return to something resembling normal, our use of video conferencing as a business tool is here to stay. I’ve been fielding a lot of questions about use of body language and other techniques to try to limit a witness or deponent’s ability to be coached or misdirect the interviewer. With us today is a subject matter expert on interviewing and interrogation skills, Michael Bret Hood. Bret is the Founding Partner of 21st Century Learning & Consulting, LLC where he teaches leadership skills. He is also an adjunct professor of Corporate Governance and Ethics at University of Virginia. 

For more information visit: https://whitecollarforensic.com

]]> 1715 no Open Source Intelligence: The Tip of the Compliance Spear Some human beings are wonderful. Some are middle of the road and some are truly terrible. Terrible human beings are frequently indistinguishable from wonderful ones. How can we tell them apart? In the context of business relationships, the tip of the compliance spear in attempting to separate the good from the bad is frequently open source intelligence investigations. Sometimes referred to as investigative due diligence or background investigations, this investigative tool can be a game changer when it comes to counterparty risk. Since leaving the FBI in 1996, I have overseen tens of thousands of such investigations and have designed and implemented programs to risk rank counterparties and perform investigative due diligence of customers, borrowers, investment targets, vendors and intermediaries commensurate with their potential risk. Wed, 14 Aug 2024 10:00:00 -0000 full 4 53 Scott Moritz Some human beings are wonderful. Some are middle of the road and some are truly terrible. Terrible human beings are frequently indistinguishable from wonderful ones. How can we tell them apart? In the context of business relationships, the tip of the compliance spear in attempting to separate the good from the bad is frequently open source intelligence investigations. Sometimes referred to as investigative due diligence or background investigations, this investigative tool can be a game changer when it comes to counterparty risk. Since leaving the FBI in 1996, I have overseen tens of thousands of such investigations and have designed and implemented programs to risk rank counterparties and perform investigative due diligence of customers, borrowers, investment targets, vendors and intermediaries commensurate with their potential risk. Some human beings are wonderful. Some are middle of the road and some are truly terrible. Terrible human beings are frequently indistinguishable from wonderful ones. How can we tell them apart? In the context of business relationships, the tip of the compliance spear in attempting to separate the good from the bad is frequently open source intelligence investigations. Sometimes referred to as investigative due diligence or background investigations, this investigative tool can be a game changer when it comes to counterparty risk.


Since leaving the FBI in 1996, I have overseen tens of thousands of such investigations and have designed and implemented programs to risk rank counterparties and perform investigative due diligence of customers, borrowers, investment targets, vendors and intermediaries commensurate with their potential risk.

]]> 2527 no Bullet Proof FCPA Due Diligence https://podcasts.apple.com/podcast/id1527816335?hootPostID=46b8b34973f2a6ccf1a0a3b5adeee4a3 In this episode we going explore “bullet-proofing” your FCPA acquisition due diligence, merger integration and the government’s recent revisions to the FCPA Resource Guide and Evaluation of Corporate Compliance Programs guidance. Gone are the days when the potential bribery and corruption risk of an acquisition can afford to be something assessed at the 11th hour or not at all. Successor liability stemming from undiscovered bribery activity can give rise to devastating financial consequences. Joining me today is Skadden Arps partner and FCPA luminary Gary DiBianco. Gary’s practice focuses on advising senior management and boards of directors faced with complex government or internal investigations. For more information visit: https://whitecollarforensic.com Wed, 31 Jul 2024 10:00:00 -0000 Bullet Proof FCPA Due Diligence full 1 7 Scott Moritz CPA acquisition due diligence, merger integration and the government’s recent revisions to the FCPA Resource Guide and Evaluation of Corporate Compliance Programs guidance In this episode we going explore “bullet-proofing” your FCPA acquisition due diligence, merger integration and the government’s recent revisions to the FCPA Resource Guide and Evaluation of Corporate Compliance Programs guidance. Gone are the days when the potential bribery and corruption risk of an acquisition can afford to be something assessed at the 11th hour or not at all. Successor liability stemming from undiscovered bribery activity can give rise to devastating financial consequences. Joining me today is Skadden Arps partner and FCPA luminary Gary DiBianco. Gary’s practice focuses on advising senior management and boards of directors faced with complex government or internal investigations. For more information visit: https://whitecollarforensic.com In this episode we going explore “bullet-proofing” your FCPA acquisition due diligence, merger integration and the government’s recent revisions to the FCPA Resource Guide and Evaluation of Corporate Compliance Programs guidance. Gone are the days when the potential bribery and corruption risk of an acquisition can afford to be something assessed at the 11th hour or not at all. Successor liability stemming from undiscovered bribery activity can give rise to devastating financial consequences. Joining me today is Skadden Arps partner and FCPA luminary Gary DiBianco. Gary’s practice focuses on advising senior management and boards of directors faced with complex government or internal investigations.

For more information visit: https://whitecollarforensic.com

]]> 2283 no Less Perilous Harbor: What DOJ's M&A Safe Harbor Portends Successor liability under the Foreign Corrupt Practices Act has been a risk for companies since the statute was first enacted. But until recently, the DOJ and SEC have been deliberately vague in terms of the guidance offered and their expectations about FCPA due diligence and the time imperatives surrounding post-merger integration as it relates to combining compliance programs. That all changed in October of 2023 when Deputy Attorney General Lisa O. Monaco announced the implementation of DOJ’s Safe Harbor Policy for voluntary self-disclosures made in connection with Mergers and Acquisitions.   Put succinctly, DAG Monaco said “we want to incentivize the acquiring company to timely disclose misconduct uncovered during the M&A process.” She further announced: “Going forward, acquiring companies that promptly and voluntarily disclose criminal misconduct within the Safe Harbor period, and that cooperate with the ensuing investigation, and engage in requisite, timely and appropriate remediation, restitution, and disgorgement – they will receive the presumption of a declination. Of particular note is that in order to qualify for the Safe Harbor, companies must disclose misconduct discovered at the acquired entity within six months from the date of closing. That applies whether the misconduct was discovered pre- or post-acquisition. Wed, 24 Jul 2024 10:00:00 -0000 full 4 52 Scott Moritz Successor liability under the Foreign Corrupt Practices Act has been a risk for companies since the statute was first enacted. But until recently, the DOJ and SEC have been deliberately vague in terms of the guidance offered and their expectations about FCPA due diligence and the time imperatives surrounding post-merger integration as it relates to combining compliance programs. That all changed in October of 2023 when Deputy Attorney General Lisa O. Monaco announced the implementation of DOJ’s Safe Harbor Policy for voluntary self-disclosures made in connection with Mergers and Acquisitions.   Put succinctly, DAG Monaco said “we want to incentivize the acquiring company to timely disclose misconduct uncovered during the M&A process.” She further announced: “Going forward, acquiring companies that promptly and voluntarily disclose criminal misconduct within the Safe Harbor period, and that cooperate with the ensuing investigation, and engage in requisite, timely and appropriate remediation, restitution, and disgorgement – they will receive the presumption of a declination. Of particular note is that in order to qualify for the Safe Harbor, companies must disclose misconduct discovered at the acquired entity within six months from the date of closing. That applies whether the misconduct was discovered pre- or post-acquisition. Successor liability under the Foreign Corrupt Practices Act has been a risk for companies since the statute was first enacted. But until recently, the DOJ and SEC have been deliberately vague in terms of the guidance offered and their expectations about FCPA due diligence and the time imperatives surrounding post-merger integration as it relates to combining compliance programs. That all changed in October of 2023 when Deputy Attorney General Lisa O. Monaco announced the implementation of DOJ’s Safe Harbor Policy for voluntary self-disclosures made in connection with Mergers and Acquisitions.   Put succinctly, DAG Monaco said “we want to incentivize the acquiring company to timely disclose misconduct uncovered during the M&A process.” She further announced: “Going forward, acquiring companies that promptly and voluntarily disclose criminal misconduct within the Safe Harbor period, and that cooperate with the ensuing investigation, and engage in requisite, timely and appropriate remediation, restitution, and disgorgement – they will receive the presumption of a declination. Of particular note is that in order to qualify for the Safe Harbor, companies must disclose misconduct discovered at the acquired entity within six months from the date of closing. That applies whether the misconduct was discovered pre- or post-acquisition.

]]> 1393 no Deconstructing the Minds of White-Collar Criminals https://podcasts.apple.com/podcast/id1527816335?hootPostID=46b8b34973f2a6ccf1a0a3b5adeee4a3 In this episode, we delve into the psychology of white-collar criminals. White-criminal criminals are often treated differently than other categories of criminals which provokes a response unlike other crimes. White-collar criminals are not better than or more deserving of leniency than other categories of criminal, it’s just that they are wired differently and understanding that fact can better position us to help safeguard organizations from the types of crimes that white-collar criminals commit. Joining Scott on today's episode are two experts on the subject of white-collar crime psychology, Nicolas Bourtin and Eugene Soltes.   For more information visit: https://whitecollarforensic.com Wed, 03 Jul 2024 10:00:00 -0000 Deconstructing the Minds of White-Collar Criminals full 1 10 Scott Moritz White-Collar Crime and Why They Do It In this episode, we delve into the psychology of white-collar criminals. White-criminal criminals are often treated differently than other categories of criminals which provokes a response unlike other crimes. White-collar criminals are not better than or more deserving of leniency than other categories of criminal, it’s just that they are wired differently and understanding that fact can better position us to help safeguard organizations from the types of crimes that white-collar criminals commit. Joining Scott on today's episode are two experts on the subject of white-collar crime psychology, Nicolas Bourtin and Eugene Soltes.   For more information visit: https://whitecollarforensic.com In this episode, we delve into the psychology of white-collar criminals. White-criminal criminals are often treated differently than other categories of criminals which provokes a response unlike other crimes. White-collar criminals are not better than or more deserving of leniency than other categories of criminal, it’s just that they are wired differently and understanding that fact can better position us to help safeguard organizations from the types of crimes that white-collar criminals commit. Joining Scott on today's episode are two experts on the subject of white-collar crime psychology, Nicolas Bourtin and Eugene Soltes.  

For more information visit: https://whitecollarforensic.com

]]> 1954 no Curbing Crypto Crime: The Role of Crypto Exchanges in Helping Enforce the Rules of the Road In this episode we have an ambition agenda. We are going to provide a high level overview of virtual currencies, blockchain technology and the vital role of crypto exchange, touch upon some spectacular failures in the crypto space, how the incidence of crypto crime is going down and the role that exchanges like Binance are playing in the mitigation of crypto crime. Wed, 26 Jun 2024 10:00:00 -0000 full 4 51 Scott Moritz In this episode we have an ambition agenda. We are going to provide a high level overview of virtual currencies, blockchain technology and the vital role of crypto exchange, touch upon some spectacular failures in the crypto space, how the incidence of crypto crime is going down and the role that exchanges like Binance are playing in the mitigation of crypto crime. In this episode we have an ambition agenda. We are going to provide a high level overview of virtual currencies, blockchain technology and the vital role of crypto exchange, touch upon some spectacular failures in the crypto space, how the incidence of crypto crime is going down and the role that exchanges like Binance are playing in the mitigation of crypto crime.

]]> 1642 no Evil on the Open Road: Inside the FBI's Highway Serial Killer Initiative The FBI’s Behavioral Science Unit and Violent Crime’s Apprehension Program (ViCAP) help coordinate cross border violent crime by assisting police departments with behavioral science profiling and by maintaining a massive law enforcement database on unsolved violent crimes largely serial murders.  Joining me today is former FBI Assistant Director Frank Figliuzzi. In total, Frank served as a special agent for 25 years. Frank is the author of the new book: Long Haul: Hunting the Highway Serial Killers. It is an in-depth examination of this ongoing initiative by the FBI together with police agencies throughout the U.S. Wed, 19 Jun 2024 10:00:00 -0000 full 4 50 Scott Moritz The FBI’s Behavioral Science Unit and Violent Crime’s Apprehension Program (ViCAP) help coordinate cross border violent crime by assisting police departments with behavioral science profiling and by maintaining a massive law enforcement database on unsolved violent crimes largely serial murders.  Joining me today is former FBI Assistant Director Frank Figliuzzi. In total, Frank served as a special agent for 25 years. Frank is the author of the new book: Long Haul: Hunting the Highway Serial Killers. It is an in-depth examination of this ongoing initiative by the FBI together with police agencies throughout the U.S. The FBI’s Behavioral Science Unit and Violent Crime’s Apprehension Program (ViCAP) help coordinate cross border violent crime by assisting police departments with behavioral science profiling and by maintaining a massive law enforcement database on unsolved violent crimes largely serial murders. 

Joining me today is former FBI Assistant Director Frank Figliuzzi. In total, Frank served as a special agent for 25 years. Frank is the author of the new book: Long Haul: Hunting the Highway Serial Killers. It is an in-depth examination of this ongoing initiative by the FBI together with police agencies throughout the U.S.

]]> 2503 no Human Trafficking is Everyone’s Problem: Steps that Organizations Can Take to Disrupt Human Trafficking Human trafficking is the fastest-growing transnational crime with more than 25 million people held in forced labor and sexual exploitation. As if these numbers aren't horrifying enough, 10 million of those trafficked people are children, and yet rarely are US organizations focused on human trafficking's impact on their operations, much less society as a whole. In fact, most of us consider human trafficking to be a problem occurring in developing countries and that there are more pressing issues that should demand our attention and compliance resources. That false narrative is part of what makes human trafficking so difficult to counter. Fri, 17 Dec 2021 12:30:00 -0000 Human Trafficking is Everyone’s Problem: Steps that Organizations Can Take to Disrupt Human Trafficking full 3 49 Scott Moritz Bringing Awareness to Human Trafficking Human trafficking is the fastest-growing transnational crime with more than 25 million people held in forced labor and sexual exploitation. As if these numbers aren't horrifying enough, 10 million of those trafficked people are children, and yet rarely are US organizations focused on human trafficking's impact on their operations, much less society as a whole. In fact, most of us consider human trafficking to be a problem occurring in developing countries and that there are more pressing issues that should demand our attention and compliance resources. That false narrative is part of what makes human trafficking so difficult to counter. Human trafficking is the fastest-growing transnational crime with more than 25 million people held in forced labor and sexual exploitation. As if these numbers aren't horrifying enough, 10 million of those trafficked people are children, and yet rarely are US organizations focused on human trafficking's impact on their operations, much less society as a whole. In fact, most of us consider human trafficking to be a problem occurring in developing countries and that there are more pressing issues that should demand our attention and compliance resources. That false narrative is part of what makes human trafficking so difficult to counter.

]]> 2691 no Investigation Challenges: The More Things Change, the More They Stay The Same Host Scott Moritz was a guest speaker at the October NAVEX Next Virtual Conference joined by Gregory Coleman, a former FBI colleague, to discuss established investigation techniques and how some of these practices have changed in recent times. For more information visit: whitecollarforensic.com Fri, 15 Oct 2021 10:00:00 -0000 Investigation Challenges: The More Things Change, the More They Stay The Same full 3 44 Scott Moritz Investigation Challenges Host Scott Moritz was a guest speaker at the October NAVEX Next Virtual Conference joined by Gregory Coleman, a former FBI colleague, to discuss established investigation techniques and how some of these practices have changed in recent times. For more information visit: whitecollarforensic.com Host Scott Moritz was a guest speaker at the October NAVEX Next Virtual Conference joined by Gregory Coleman, a former FBI colleague, to discuss established investigation techniques and how some of these practices have changed in recent times.

For more information visit: whitecollarforensic.com

]]> 3015 no Navigating the Steps of an FCPA Investigation - Part 2 In Part 2 of this series we continue the conversation of how to bring order to the chaos of the early days of an FCPA investigation. For more information visit whitecollarforensic.com Wed, 15 Sep 2021 10:00:00 -0000 Navigating the Steps of an FCPA Investigation - Part 2 full 3 47 Scott Moritz Navigating the Steps of an FCPA Investigation - Part 2 In Part 2 of this series we continue the conversation of how to bring order to the chaos of the early days of an FCPA investigation. For more information visit whitecollarforensic.com In Part 2 of this series we continue the conversation of how to bring order to the chaos of the early days of an FCPA investigation.

For more information visit whitecollarforensic.com

]]> 1420 no Bringing Order to the Chaos: Navigating the Steps of an FCPA Investigation In part 1 of this Fraud Eats Strategy series, we discuss how to bring order to the chaos of the early days of an FCPA investigation and avoid mortgaging the company’s future in the process. For more information visit whitecollarforensic.com Wed, 08 Sep 2021 10:00:00 -0000 Bringing Order to the Chaos: Navigating the Steps of an FCPA Investigation full 3 46 Scott Moritz Navigating the Steps of an FCPA Investigation In part 1 of this Fraud Eats Strategy series, we discuss how to bring order to the chaos of the early days of an FCPA investigation and avoid mortgaging the company’s future in the process. For more information visit whitecollarforensic.com In part 1 of this Fraud Eats Strategy series, we discuss how to bring order to the chaos of the early days of an FCPA investigation and avoid mortgaging the company’s future in the process.

For more information visit whitecollarforensic.com

]]> 1970 no The Anatomy of a Ransomware Attack - Part 2 In part 2 of this series, we continue to discuss the tools that cybersecurity teams use to combat ransomware attacks. For more information visit whitecollarforensic.com Wed, 01 Sep 2021 10:00:00 -0000 The Anatomy of a Ransomware Attack - Part 2 full 3 44 Scott Moritz The Anatomy of a Ransomware Attack - Part 2 In part 2 of this series, we continue to discuss the tools that cybersecurity teams use to combat ransomware attacks. For more information visit whitecollarforensic.com In part 2 of this series, we continue to discuss the tools that cybersecurity teams use to combat ransomware attacks.

For more information visit whitecollarforensic.com

]]> 1681 no The Anatomy of a Ransomware Attack - Part 1 Ransomware is a type of malware used by criminal organizations to gain unlawful access to computer networks and encrypt the data stored on those networks and render it unusable. The criminal organization then holds the data hostage until a ransom payment is made. If the ransom is not paid, the victim organization’s data will either remain encrypted and unusable or it could be released to the public.  For more information visit whitecollarforensic.com Wed, 25 Aug 2021 22:42:00 -0000 The Anatomy of a Ransomware Attack - Part 1 full 3 43 Scott Moritz The Anatomy of a Ransomware Attack - Part 1 Ransomware is a type of malware used by criminal organizations to gain unlawful access to computer networks and encrypt the data stored on those networks and render it unusable. The criminal organization then holds the data hostage until a ransom payment is made. If the ransom is not paid, the victim organization’s data will either remain encrypted and unusable or it could be released to the public.  For more information visit whitecollarforensic.com Ransomware is a type of malware used by criminal organizations to gain unlawful access to computer networks and encrypt the data stored on those networks and render it unusable. The criminal organization then holds the data hostage until a ransom payment is made. If the ransom is not paid, the victim organization’s data will either remain encrypted and unusable or it could be released to the public. 

For more information visit whitecollarforensic.com

]]> 1674 no The 3 Regulatory Mandates Banks Fear the Most: Monitorships, Lookbacks and KYC Remediations Monitorships, transaction lookbacks and KYC remediations are the equivalents of a regulatory vote of no confidence. They can be incredibly disruptive, painful and can cost millions of dollars to implement. They are extreme measures that are taken when regulators have seen no improvement in succeeding regulatory exams or sometimes happen without warning when a criminal investigation reveals how an institution was at the center of a large scale money laundering or dollar clearing criminal enterprise and their anti-money laundering or sanctions compliance program and the controls underlying them failed in spectacular fashion. These epic anti-money laundering failures lead regulators to conclude that the existing program was so ineffective it is highly likely that suspicious activity, possibly a great deal of suspicious activity, has been going on undetected and unreported for a period of years.  For more information, visit whitecollarforensic.com Mon, 16 Aug 2021 10:00:00 -0000 The 3 Regulatory Mandates Banks Fear the Most: Monitorships, Lookbacks and KYC Remediations full 2 42 Scott Moritz Monitorships, Lookbacks and KYC Remediations Monitorships, transaction lookbacks and KYC remediations are the equivalents of a regulatory vote of no confidence. They can be incredibly disruptive, painful and can cost millions of dollars to implement. They are extreme measures that are taken when regulators have seen no improvement in succeeding regulatory exams or sometimes happen without warning when a criminal investigation reveals how an institution was at the center of a large scale money laundering or dollar clearing criminal enterprise and their anti-money laundering or sanctions compliance program and the controls underlying them failed in spectacular fashion. These epic anti-money laundering failures lead regulators to conclude that the existing program was so ineffective it is highly likely that suspicious activity, possibly a great deal of suspicious activity, has been going on undetected and unreported for a period of years.  For more information, visit whitecollarforensic.com Monitorships, transaction lookbacks and KYC remediations are the equivalents of a regulatory vote of no confidence. They can be incredibly disruptive, painful and can cost millions of dollars to implement. They are extreme measures that are taken when regulators have seen no improvement in succeeding regulatory exams or sometimes happen without warning when a criminal investigation reveals how an institution was at the center of a large scale money laundering or dollar clearing criminal enterprise and their anti-money laundering or sanctions compliance program and the controls underlying them failed in spectacular fashion. These epic anti-money laundering failures lead regulators to conclude that the existing program was so ineffective it is highly likely that suspicious activity, possibly a great deal of suspicious activity, has been going on undetected and unreported for a period of years. 

For more information, visit whitecollarforensic.com

]]> 2594 no Operationalizing Compliance This episode features special guest Tom Fox, founder of the Compliance Podcast Network and Author of The Compliance Handbook: A Guide to Operationalizing Your Compliance Program.. Click the link for 20% off of your purchase. The discussion focuses on the guidance compliance officers can use as roadmaps when architecting their Ethics & Compliance programs and anti-bribery and corruption compliance programs specifically the document Evaluation of Ethics and Compliance Programs authored by then DOJ Compliance Consultant Hui Chen published in 2017. Wed, 28 Jul 2021 10:00:00 -0000 Operationalizing Compliance full 2 41 Scott Moritz Operationalizing Compliance This episode features special guest Tom Fox, founder of the Compliance Podcast Network and Author of The Compliance Handbook: A Guide to Operationalizing Your Compliance Program.. Click the link for 20% off of your purchase. The discussion focuses on the guidance compliance officers can use as roadmaps when architecting their Ethics & Compliance programs and anti-bribery and corruption compliance programs specifically the document Evaluation of Ethics and Compliance Programs authored by then DOJ Compliance Consultant Hui Chen published in 2017. This episode features special guest Tom Fox, founder of the Compliance Podcast Network and Author of The Compliance Handbook: A Guide to Operationalizing Your Compliance Program.. Click the link for 20% off of your purchase.

The discussion focuses on the guidance compliance officers can use as roadmaps when architecting their Ethics & Compliance programs and anti-bribery and corruption compliance programs specifically the document Evaluation of Ethics and Compliance Programs authored by then DOJ Compliance Consultant Hui Chen published in 2017.

]]> 2502 no Investigations for Non-Investigators: Holding Down the Fort Internal investigations often are conducted by company personnel who may not have investigative backgrounds. While that is a common scenario and perfectly appropriate, there are certain dos and don’ts that non-investigators should know about to avoid missteps that could undermine the investigation and limit its effectiveness.  For more information visit: whitecollarforensic.com Mon, 19 Jul 2021 10:00:00 -0000 Investigations for Non-Investigators: Holding Down the Fort full 2 40 Scott Moritz Investigations for Non-Investigators Internal investigations often are conducted by company personnel who may not have investigative backgrounds. While that is a common scenario and perfectly appropriate, there are certain dos and don’ts that non-investigators should know about to avoid missteps that could undermine the investigation and limit its effectiveness.  For more information visit: whitecollarforensic.com Internal investigations often are conducted by company personnel who may not have investigative backgrounds. While that is a common scenario and perfectly appropriate, there are certain dos and don’ts that non-investigators should know about to avoid missteps that could undermine the investigation and limit its effectiveness. 

For more information visit: whitecollarforensic.com

]]> 2289 no Pawns, Goofs, Collaborators and Lone Wolves: An Examination of Insider Threats In this episode, we’re going to discuss insider threats. The term means different things to different people. Broadly, the term refers to any person or entity who has trusted insider access behind an organization’s firewall or inside their secure perimeter. “Insiders” include employees, officers, contractors, temporary workers, and certain categories of vendors and suppliers that either have unescorted access to an organization’s physical premises or who perform some type of important software or network function and have been granted administrator access to the organization’s network. All insiders pose a potential threat. It is a matter of degree and whether they have an inclination to abuse their position of trust.  For more information visit: https://whitecollarforensic.com/ Wed, 30 Jun 2021 10:00:00 -0000 Pawns, Goofs, Collaborators and Lone Wolves: An Examination of Insider Threats full 2 39 Scott Moritz An Examination of Insider Threats In this episode, we’re going to discuss insider threats. The term means different things to different people. Broadly, the term refers to any person or entity who has trusted insider access behind an organization’s firewall or inside their secure perimeter. “Insiders” include employees, officers, contractors, temporary workers, and certain categories of vendors and suppliers that either have unescorted access to an organization’s physical premises or who perform some type of important software or network function and have been granted administrator access to the organization’s network. All insiders pose a potential threat. It is a matter of degree and whether they have an inclination to abuse their position of trust.  For more information visit: https://whitecollarforensic.com/ In this episode, we’re going to discuss insider threats. The term means different things to different people. Broadly, the term refers to any person or entity who has trusted insider access behind an organization’s firewall or inside their secure perimeter. “Insiders” include employees, officers, contractors, temporary workers, and certain categories of vendors and suppliers that either have unescorted access to an organization’s physical premises or who perform some type of important software or network function and have been granted administrator access to the organization’s network. All insiders pose a potential threat. It is a matter of degree and whether they have an inclination to abuse their position of trust. 

For more information visit: https://whitecollarforensic.com/

]]> 2600 no Keeping Criminality Out of the Casino Las Vegas has come to symbolize the commercialization of gambling. Casino gaming has become an extension of the global hospitality and tourism business  While the mob may not be the factor it once was, criminals are still attracted to casinos and as a result, illicit money still finds its way into casinos banks despite their devotion of considerable compliance and anti-money laundering resources designed at keeping it out. Financial crisis aside, casinos are the most profitable and desirable centerpieces of global hotel and casino gaming empires.   For more information visit: https://whitecollarforensic.com/  Wed, 23 Jun 2021 10:00:00 -0000 Keeping Criminality Out of the Casino full 2 38 Scott Moritz Keeping Criminality Out of the Casino Las Vegas has come to symbolize the commercialization of gambling. Casino gaming has become an extension of the global hospitality and tourism business  While the mob may not be the factor it once was, criminals are still attracted to casinos and as a result, illicit money still finds its way into casinos banks despite their devotion of considerable compliance and anti-money laundering resources designed at keeping it out. Financial crisis aside, casinos are the most profitable and desirable centerpieces of global hotel and casino gaming empires.   For more information visit: https://whitecollarforensic.com/  Las Vegas has come to symbolize the commercialization of gambling. Casino gaming has become an extension of the global hospitality and tourism business  While the mob may not be the factor it once was, criminals are still attracted to casinos and as a result, illicit money still finds its way into casinos banks despite their devotion of considerable compliance and anti-money laundering resources designed at keeping it out. Financial crisis aside, casinos are the most profitable and desirable centerpieces of global hotel and casino gaming empires.  

For more information visit: https://whitecollarforensic.com/ 

]]> 3032 no Destigmatizing Whistle-Blowers: The SEC's Office of the Whistleblower 10 Years In - Best Practices for Companies in a Brave New World The passage of Dodd-Frank represented a major overhaul of U.S. financial regulations. Among the Act’s most notable achievements were the creation of the U.S. Securities and Exchange Commission (“SEC”) Office of the Whistleblower and the SEC Whistleblower Program. In its short, 10-year history, the SEC Whistleblower Reward Program has been extraordinarily successful in enabling the SEC to root out securities fraud and protect investors. Since the inception of the SEC Whistleblower Program, the SEC has paid more than $900 million in awards to whistleblowers resulting in more than $3.5 billion in financial remedies. According to the SEC Whistleblower Program’s 2020 Annual Report, the SEC is tracking over 1,100 matters in which a whistleblower’s tip has caused a Matter Under Inquiry or investigation to open. For more information visit: https://whitecollarforensic.com/ Wed, 16 Jun 2021 10:00:00 -0000 Destigmatizing Whistle-Blowers: The SEC's Office of the Whistleblower 10 Years In - Best Practices for Companies in a Brave New World full 2 37 Scott Moritz Destigmatizing Whistle-Blowers The passage of Dodd-Frank represented a major overhaul of U.S. financial regulations. Among the Act’s most notable achievements were the creation of the U.S. Securities and Exchange Commission (“SEC”) Office of the Whistleblower and the SEC Whistleblower Program. In its short, 10-year history, the SEC Whistleblower Reward Program has been extraordinarily successful in enabling the SEC to root out securities fraud and protect investors. Since the inception of the SEC Whistleblower Program, the SEC has paid more than $900 million in awards to whistleblowers resulting in more than $3.5 billion in financial remedies. According to the SEC Whistleblower Program’s 2020 Annual Report, the SEC is tracking over 1,100 matters in which a whistleblower’s tip has caused a Matter Under Inquiry or investigation to open. For more information visit: https://whitecollarforensic.com/ The passage of Dodd-Frank represented a major overhaul of U.S. financial regulations. Among the Act’s most notable achievements were the creation of the U.S. Securities and Exchange Commission (“SEC”) Office of the Whistleblower and the SEC Whistleblower Program. In its short, 10-year history, the SEC Whistleblower Reward Program has been extraordinarily successful in enabling the SEC to root out securities fraud and protect investors. Since the inception of the SEC Whistleblower Program, the SEC has paid more than $900 million in awards to whistleblowers resulting in more than $3.5 billion in financial remedies. According to the SEC Whistleblower Program’s 2020 Annual Report, the SEC is tracking over 1,100 matters in which a whistleblower’s tip has caused a Matter Under Inquiry or investigation to open.

For more information visit: https://whitecollarforensic.com/

]]> 2111 no The Return of the Road Warrior: What to Expect from the Resumption of Business Travel In this episode, we're going to discuss the resumption of business travel and what that means to all of us. For more information visit: https://whitecollarforensic.com Wed, 09 Jun 2021 10:00:00 -0000 The Return of the Road Warrior: What to Expect from the Resumption of Business Travel full 2 36 Scott Moritz What to Expect from the Resumption of Business Travel In this episode, we're going to discuss the resumption of business travel and what that means to all of us. For more information visit: https://whitecollarforensic.com In this episode, we're going to discuss the resumption of business travel and what that means to all of us.

For more information visit: https://whitecollarforensic.com

]]> 1210 no Brazil is not for Beginners: Operation Lava Jato Part 2 Part 2 of this episode series continues the deep dive into Lava Jato or Operation Car Wash, the largest and most complex corruption investigation in the history of Brazil. For more information visit: https://whitecollarforensic.com Wed, 02 Jun 2021 10:00:00 -0000 Brazil is not for Beginners: Operation Lava Jato Part 2 full 2 35 Scott Moritz Operation Lava Jato Part 2 Part 2 of this episode series continues the deep dive into Lava Jato or Operation Car Wash, the largest and most complex corruption investigation in the history of Brazil. For more information visit: https://whitecollarforensic.com Part 2 of this episode series continues the deep dive into Lava Jato or Operation Car Wash, the largest and most complex corruption investigation in the history of Brazil.

For more information visit: https://whitecollarforensic.com

]]> 2412 no Fixing Brazil: Operation Lava Jato and How it Has Forever Changed Latin America In this episode, we’re going to discuss Lava Jato or Operation Car Wash - the largest and most complex corruption investigation in the history of Brazil which to date has spread to 11 countries, mostly in Latin America. When the Organisation of Economic Cooperation and Development – the OECD – published the Foreign Bribery Report in 2014 examining corruption enforcement across the world, Brazil was credited with zero corruption prosecutions. For more information visit: https://whitecollarforensic.com/ Thu, 27 May 2021 11:45:00 -0000 Fixing Brazil: Operation Lava Jato and How it Has Forever Changed Latin America full 2 34 Scott Moritz Operation Lava Jato In this episode, we’re going to discuss Lava Jato or Operation Car Wash - the largest and most complex corruption investigation in the history of Brazil which to date has spread to 11 countries, mostly in Latin America. When the Organisation of Economic Cooperation and Development – the OECD – published the Foreign Bribery Report in 2014 examining corruption enforcement across the world, Brazil was credited with zero corruption prosecutions. For more information visit: https://whitecollarforensic.com/ In this episode, we’re going to discuss Lava Jato or Operation Car Wash - the largest and most complex corruption investigation in the history of Brazil which to date has spread to 11 countries, mostly in Latin America. When the Organisation of Economic Cooperation and Development – the OECD – published the Foreign Bribery Report in 2014 examining corruption enforcement across the world, Brazil was credited with zero corruption prosecutions.

For more information visit: https://whitecollarforensic.com/

]]> 2327 no Part 2 - A Recap of The First 30 Episodes https://podcasts.apple.com/podcast/id1527816335?hootPostID=46b8b34973f2a6ccf1a0a3b5adeee4a3 When we launched the “Fraud Eats Strategy” podcast, we promised to explore organized crime, boiler rooms, money launderers, warlords, kleptocrats and fallen CEOs, and the companies that have been damaged or destroyed through their criminality. Throughout the first 30 episodes, we hope that you have seen these efforts and enjoyed the content! For more information visit: https://whitecollarforensic.com/ Wed, 05 May 2021 10:45:00 -0000 Part 2 - A Recap of The First 30 Episodes full 2 34 Scott Moritz Part 2 - A Recap of The First 30 Episodes When we launched the “Fraud Eats Strategy” podcast, we promised to explore organized crime, boiler rooms, money launderers, warlords, kleptocrats and fallen CEOs, and the companies that have been damaged or destroyed through their criminality. Throughout the first 30 episodes, we hope that you have seen these efforts and enjoyed the content! For more information visit: https://whitecollarforensic.com/ When we launched the “Fraud Eats Strategy” podcast, we promised to explore organized crime, boiler rooms, money launderers, warlords, kleptocrats and fallen CEOs, and the companies that have been damaged or destroyed through their criminality. Throughout the first 30 episodes, we hope that you have seen these efforts and enjoyed the content!

For more information visit: https://whitecollarforensic.com/

]]> 2812 no Fraud Eats Strategy - First 30 Episodes Recap - Part 1 When we first launched the “Fraud Eats Strategy” podcast series, we promised to explore organized crime, boiler rooms, money launderers, war lords, kleptocrats and fallen CEOs, and the companies that have been damaged or destroyed through their criminality. In the first 30 episodes, I like to think we’ve delivered on that promise. For more information visit: https://whitecollarforensic.com/ Sat, 01 May 2021 14:00:00 -0000 Fraud Eats Strategy - First 30 Episodes Recap - Part 1 full 2 32 Scott Moritz Fraud Eats Strategy - First 30 Episodes Recap - Part 1 When we first launched the “Fraud Eats Strategy” podcast series, we promised to explore organized crime, boiler rooms, money launderers, war lords, kleptocrats and fallen CEOs, and the companies that have been damaged or destroyed through their criminality. In the first 30 episodes, I like to think we’ve delivered on that promise. For more information visit: https://whitecollarforensic.com/ When we first launched the “Fraud Eats Strategy” podcast series, we promised to explore organized crime, boiler rooms, money launderers, war lords, kleptocrats and fallen CEOs, and the companies that have been damaged or destroyed through their criminality. In the first 30 episodes, I like to think we’ve delivered on that promise.

For more information visit: https://whitecollarforensic.com/

]]> 2349 no Raising the Board's Compliance IQ: Meeting Increased Compliance Expectations Beginning in November 2012 with the publication of A Resource Guide to the U.S. Foreign Corrupt Practices Act (commonly referred to as the FCPA Resource Guide), the U.S. Department of Justice and the Securities Exchange Commission have regularly been publishing useful and informative guidance on the elements of effective compliance programs and the Department and the Commission’s expectations. Following the publication of the FCPA Resource Guide, the DOJ Fraud Section published another important document in February 2017 entitled “Evaluation of Corporate Compliance Programs”. It has been updated twice since then in 2019 and again in 2020. The FCPA Resource Guide was also updated in 2020.  These two documents are the primary desk references used by federal prosecutors to examine whether a company they are investigating has an “effective compliance program”. Because of that, it is incumbent upon board members and C-suite executives to be familiar with these documents, understand what is expected of them and to hold themselves and others accountable ensuring that the company has properly considered the risks of their unique business operations and has tailored a robust compliance program based upon a nuanced understanding of that risk. For more information visit: https://whitecollarforensic.com/ Wed, 21 Apr 2021 10:00:00 -0000 Raising the Board's Compliance IQ: Meeting Increased Compliance Expectations full 2 31 Scott Moritz Compliance IQ Beginning in November 2012 with the publication of A Resource Guide to the U.S. Foreign Corrupt Practices Act (commonly referred to as the FCPA Resource Guide), the U.S. Department of Justice and the Securities Exchange Commission have regularly been publishing useful and informative guidance on the elements of effective compliance programs and the Department and the Commission’s expectations. Following the publication of the FCPA Resource Guide, the DOJ Fraud Section published another important document in February 2017 entitled “Evaluation of Corporate Compliance Programs”. It has been updated twice since then in 2019 and again in 2020. The FCPA Resource Guide was also updated in 2020.  These two documents are the primary desk references used by federal prosecutors to examine whether a company they are investigating has an “effective compliance program”. Because of that, it is incumbent upon board members and C-suite executives to be familiar with these documents, understand what is expected of them and to hold themselves and others accountable ensuring that the company has properly considered the risks of their unique business operations and has tailored a robust compliance program based upon a nuanced understanding of that risk. For more information visit: https://whitecollarforensic.com/ Beginning in November 2012 with the publication of A Resource Guide to the U.S. Foreign Corrupt Practices Act (commonly referred to as the FCPA Resource Guide), the U.S. Department of Justice and the Securities Exchange Commission have regularly been publishing useful and informative guidance on the elements of effective compliance programs and the Department and the Commission’s expectations. Following the publication of the FCPA Resource Guide, the DOJ Fraud Section published another important document in February 2017 entitled “Evaluation of Corporate Compliance Programs”. It has been updated twice since then in 2019 and again in 2020. The FCPA Resource Guide was also updated in 2020.  These two documents are the primary desk references used by federal prosecutors to examine whether a company they are investigating has an “effective compliance program”. Because of that, it is incumbent upon board members and C-suite executives to be familiar with these documents, understand what is expected of them and to hold themselves and others accountable ensuring that the company has properly considered the risks of their unique business operations and has tailored a robust compliance program based upon a nuanced understanding of that risk.

For more information visit: https://whitecollarforensic.com/

]]> 2377 no The Achilles Heel of FCPA Compliance: Bribe-Paying Third Parties https://podcasts.apple.com/podcast/id1527816335?hootPostID=46b8b34973f2a6ccf1a0a3b5adeee4a3 Rarely do we hear or read about the names of third-party bribe payers or the names of their companies. Global companies, particularly those who ship products internationally or rely on third-parties in other ways to bring their products and services to market, are heavily reliant on virtual armies of third-party intermediaries to operate internationally. They are a necessary evil who can act on an organization’s behalf, represent them in the marketplace and potentially trigger significant liability under the FCPA, sanctions or anti-money laundering laws.   For more information visit: https://whitecollarforensic.com/ Wed, 14 Apr 2021 10:00:00 -0000 The Achilles Heel of FCPA Compliance: Bribe-Paying Third Parties full 2 30 Scott Moritz Bribe-Paying Third Parties Rarely do we hear or read about the names of third-party bribe payers or the names of their companies. Global companies, particularly those who ship products internationally or rely on third-parties in other ways to bring their products and services to market, are heavily reliant on virtual armies of third-party intermediaries to operate internationally. They are a necessary evil who can act on an organization’s behalf, represent them in the marketplace and potentially trigger significant liability under the FCPA, sanctions or anti-money laundering laws.   For more information visit: https://whitecollarforensic.com/ Rarely do we hear or read about the names of third-party bribe payers or the names of their companies. Global companies, particularly those who ship products internationally or rely on third-parties in other ways to bring their products and services to market, are heavily reliant on virtual armies of third-party intermediaries to operate internationally. They are a necessary evil who can act on an organization’s behalf, represent them in the marketplace and potentially trigger significant liability under the FCPA, sanctions or anti-money laundering laws.  

For more information visit: https://whitecollarforensic.com/

]]> 2323 no Chasing Bernie's Billions: Part 2 Part 2 of the special edition episode we continue the discussion of the most comprehensive and successful financial investigation and asset search in history; The Madoff Ponzi Scheme. For more information visit: https://whitecollarforensic.com/ Wed, 07 Apr 2021 10:00:00 -0000 Chasing Bernie's Billions: Part 2 full 2 29 Scott Moritz Chasing Bernie's Billions: Part 2 Part 2 of the special edition episode we continue the discussion of the most comprehensive and successful financial investigation and asset search in history; The Madoff Ponzi Scheme. For more information visit: https://whitecollarforensic.com/ Part 2 of the special edition episode we continue the discussion of the most comprehensive and successful financial investigation and asset search in history; The Madoff Ponzi Scheme.

For more information visit: https://whitecollarforensic.com/

]]> 1221 no Chasing Bernie's Billions: An Examination of the Largest Asset Recovery Effort in History - Part 1 https://podcasts.apple.com/podcast/id1527816335?hootPostID=46b8b34973f2a6ccf1a0a3b5adeee4a3 Arguably there is no more major a case in modern history than the Ponzi Scheme perpetrated against thousands of victims for more than three decades by the notorious Bernie Madoff. For more information visit: https://whitecollarforensic.com/ Wed, 31 Mar 2021 10:00:00 -0000 Chasing Bernie's Billions: An Examination of the Largest Asset Recovery Effort in History - Part 1 full 2 28 Scott Moritz Chasing Bernie's Billions - Part 1 Arguably there is no more major a case in modern history than the Ponzi Scheme perpetrated against thousands of victims for more than three decades by the notorious Bernie Madoff. For more information visit: https://whitecollarforensic.com/ Arguably there is no more major a case in modern history than the Ponzi Scheme perpetrated against thousands of victims for more than three decades by the notorious Bernie Madoff.

For more information visit: https://whitecollarforensic.com/

]]> 1606 no How Transparent is the Corporate Transparency Act https://podcasts.apple.com/podcast/id1527816335?hootPostID=46b8b34973f2a6ccf1a0a3b5adeee4a3 On April 3rd, 2016, information about 214,488 offshore companies established by Panamanian law firm Mossack Fonseca was leaked. Since the Panama Papers leak, a total of 81 jurisdictions worldwide have passed laws requiring beneficial ownership to be registered with a government authority. The U.S. Government has been openly critical of countries that act as money laundering safe havens and yet we were not taking any steps toward transparency. That changed on January 1, 2021 when both houses of Congress passed the National Defense Authorization Act for Fiscal Year 2021, which includes the Corporate Transparency Act (the Act). The Act requires a report be filed with the Financial Crimes Enforcement Network (FinCEN) that identifies each beneficial owner of an applicant forming a reporting company.  For more information visit: https://whitecollarforensic.com/ Wed, 24 Mar 2021 10:00:00 -0000 How Transparent is the Corporate Transparency Act full 2 27 Scott Moritz Corporate Transparency Act On April 3rd, 2016, information about 214,488 offshore companies established by Panamanian law firm Mossack Fonseca was leaked. Since the Panama Papers leak, a total of 81 jurisdictions worldwide have passed laws requiring beneficial ownership to be registered with a government authority. The U.S. Government has been openly critical of countries that act as money laundering safe havens and yet we were not taking any steps toward transparency. That changed on January 1, 2021 when both houses of Congress passed the National Defense Authorization Act for Fiscal Year 2021, which includes the Corporate Transparency Act (the Act). The Act requires a report be filed with the Financial Crimes Enforcement Network (FinCEN) that identifies each beneficial owner of an applicant forming a reporting company.  For more information visit: https://whitecollarforensic.com/ On April 3rd, 2016, information about 214,488 offshore companies established by Panamanian law firm Mossack Fonseca was leaked. Since the Panama Papers leak, a total of 81 jurisdictions worldwide have passed laws requiring beneficial ownership to be registered with a government authority. The U.S. Government has been openly critical of countries that act as money laundering safe havens and yet we were not taking any steps toward transparency. That changed on January 1, 2021 when both houses of Congress passed the National Defense Authorization Act for Fiscal Year 2021, which includes the Corporate Transparency Act (the Act). The Act requires a report be filed with the Financial Crimes Enforcement Network (FinCEN) that identifies each beneficial owner of an applicant forming a reporting company. 

For more information visit: https://whitecollarforensic.com/

]]> 2199 no Examining Siemens' Remarkable Turnaround Pt. 2 In the second part of this series, we discuss some important work my guests are involved with at the IBA’s Subcommittee on Non-trial Resolutions of Foreign Bribery Cases regarding the growing international use of settlements to resolve anti-corruption cases. For more information visit: https://whitecollarforensic.com/ Wed, 17 Mar 2021 10:00:00 -0000 Examining Siemens' Remarkable Turnaround Pt. 2 full 2 24 Scott Moritz Examining Siemens' Remarkable Turnaround Pt. 2 In the second part of this series, we discuss some important work my guests are involved with at the IBA’s Subcommittee on Non-trial Resolutions of Foreign Bribery Cases regarding the growing international use of settlements to resolve anti-corruption cases. For more information visit: https://whitecollarforensic.com/ In the second part of this series, we discuss some important work my guests are involved with at the IBA’s Subcommittee on Non-trial Resolutions of Foreign Bribery Cases regarding the growing international use of settlements to resolve anti-corruption cases.

For more information visit: https://whitecollarforensic.com/

]]> 1258 no From Systemically Corrupt to Above Reproach: Examining Siemens' Remarkable Turnaround https://podcasts.apple.com/podcast/id1527816335?hootPostID=46b8b34973f2a6ccf1a0a3b5adeee4a3 In 2006, Germany-based Siemens was ranked 22nd on the Global Fortune 500 with revenues of $100 billion. It was a global leader and one of the world’s most admired companies. Until November 16, 2006 when the Munich Police Department raided Siemens corporate offices and several subsidiaries based on whistleblower allegations of bribery and misuse of funds. This Munich Police Department investigation triggered a global corruption investigation which revealed that Siemens had methodically violated U.S., German and other global anti-bribery laws for decades. When the settlement of the case was announced in 2008, law enforcement didn’t pull any punches.  Yet what is equally remarkable is that a company that used corruption strategically and methodically to achieve its business objectives for decades remade itself in the wake of the corruption scandal to emerge as a model of corporate reform and business ethics.   For more information visit: https://whitecollarforensic.com/ Fri, 12 Mar 2021 11:00:00 -0000 From Systemically Corrupt to Above Reproach: Examining Siemens' Remarkable Turnaround full 2 25 Scott Moritz Examining Siemens' Remarkable Turnaround In 2006, Germany-based Siemens was ranked 22nd on the Global Fortune 500 with revenues of $100 billion. It was a global leader and one of the world’s most admired companies. Until November 16, 2006 when the Munich Police Department raided Siemens corporate offices and several subsidiaries based on whistleblower allegations of bribery and misuse of funds. This Munich Police Department investigation triggered a global corruption investigation which revealed that Siemens had methodically violated U.S., German and other global anti-bribery laws for decades. When the settlement of the case was announced in 2008, law enforcement didn’t pull any punches.  Yet what is equally remarkable is that a company that used corruption strategically and methodically to achieve its business objectives for decades remade itself in the wake of the corruption scandal to emerge as a model of corporate reform and business ethics.   For more information visit: https://whitecollarforensic.com/ In 2006, Germany-based Siemens was ranked 22nd on the Global Fortune 500 with revenues of $100 billion. It was a global leader and one of the world’s most admired companies. Until November 16, 2006 when the Munich Police Department raided Siemens corporate offices and several subsidiaries based on whistleblower allegations of bribery and misuse of funds. This Munich Police Department investigation triggered a global corruption investigation which revealed that Siemens had methodically violated U.S., German and other global anti-bribery laws for decades. When the settlement of the case was announced in 2008, law enforcement didn’t pull any punches.  Yet what is equally remarkable is that a company that used corruption strategically and methodically to achieve its business objectives for decades remade itself in the wake of the corruption scandal to emerge as a model of corporate reform and business ethics.  

For more information visit: https://whitecollarforensic.com/

]]> 2059 no Crisis Communications 101 - How Not to Make the Crisis Worse In this episode, we’re going to talk about the inter-relationship between major investigations and crisis communications. So much of crisis management planning and crisis communications is about thinking through various scenarios that could play out and then formulating a game plan for each.   For more information visit: https://whitecollarforensic.com/ Wed, 03 Mar 2021 11:00:00 -0000 Crisis Communications 101 - How Not to Make the Crisis Worse full 2 24 Scott Moritz Crisis Communications 101 - How Not to Make the Crisis Worse In this episode, we’re going to talk about the inter-relationship between major investigations and crisis communications. So much of crisis management planning and crisis communications is about thinking through various scenarios that could play out and then formulating a game plan for each.   For more information visit: https://whitecollarforensic.com/ In this episode, we’re going to talk about the inter-relationship between major investigations and crisis communications. So much of crisis management planning and crisis communications is about thinking through various scenarios that could play out and then formulating a game plan for each.  

For more information visit: https://whitecollarforensic.com/

]]> 2216 no The Maturation of U.S. Anti-Money Laundering Laws - Part 2 Part 2 of this Fraud Eats Strategy series, Scott Moritz continues the conversation on the Anti-Money Laundering Act of 2020 (AMLA 2020) with Matt Biben, Partner of Gibson Dunn. For more information visit: https://whitecollarforensic.com/ Wed, 24 Feb 2021 11:00:00 -0000 The Maturation of U.S. Anti-Money Laundering Laws - Part 2 full 2 23 Scott Moritz The Maturation of U.S. Anti-Money Laundering Laws - Part 2 Part 2 of this Fraud Eats Strategy series, Scott Moritz continues the conversation on the Anti-Money Laundering Act of 2020 (AMLA 2020) with Matt Biben, Partner of Gibson Dunn. For more information visit: https://whitecollarforensic.com/ Part 2 of this Fraud Eats Strategy series, Scott Moritz continues the conversation on the Anti-Money Laundering Act of 2020 (AMLA 2020) with Matt Biben, Partner of Gibson Dunn.

For more information visit: https://whitecollarforensic.com/

]]> 1863 no Wiseguys, Drug Lords & Terrorists, Oh My! The Maturation of U.S. Anti-Money Laundering Laws In this episode, we’re going to discuss the Anti-Money Laundering Act of 2020 (AMLA 2020). This is the most comprehensive set of reforms to U.S. anti-money laundering (“AML”) laws since the passage of the USA PATRIOT Act in 2001. While there is a lot to the Act, there are some important changes and enhancements that should have an immediate and long-lasting impact on anti-money laundering.  For more information visit: https://whitecollarforensic.com/ Fri, 19 Feb 2021 11:00:00 -0000 Wiseguys, Drug Lords & Terrorists, Oh My! The Maturation of U.S. Anti-Money Laundering Laws full 2 22 Scott Moritz The Maturation of U.S. Anti-Money Laundering Laws In this episode, we’re going to discuss the Anti-Money Laundering Act of 2020 (AMLA 2020). This is the most comprehensive set of reforms to U.S. anti-money laundering (“AML”) laws since the passage of the USA PATRIOT Act in 2001. While there is a lot to the Act, there are some important changes and enhancements that should have an immediate and long-lasting impact on anti-money laundering.  For more information visit: https://whitecollarforensic.com/ In this episode, we’re going to discuss the Anti-Money Laundering Act of 2020 (AMLA 2020). This is the most comprehensive set of reforms to U.S. anti-money laundering (“AML”) laws since the passage of the USA PATRIOT Act in 2001. While there is a lot to the Act, there are some important changes and enhancements that should have an immediate and long-lasting impact on anti-money laundering. 

For more information visit: https://whitecollarforensic.com/

]]> 2331 no The Third Line: The Critical Role of Internal Audit in Cyber Defense https://podcasts.apple.com/podcast/id1527816335?hootPostID=46b8b34973f2a6ccf1a0a3b5adeee4a3 Cybersecurity is at the top of most organizations’ list of critical risks and is often cited by C-suite executives and Board Members as their gravest concern. Threats that are this complex and amorphous require strong partnerships including the inside of the organization. At first glance, cybersecurity and internal audit would seem to have very little in common or little need to interact with one another. Indeed, that is probably still the case in many organizations. Our guests today however have taken a different approach.   For more information visit: https://whitecollarforensic.com/ Wed, 03 Feb 2021 11:00:00 -0000 The Third Line: The Critical Role of Internal Audit in Cyber Defense full 2 22 Scott Moritz Internal Audit in Cyber Defense Cybersecurity is at the top of most organizations’ list of critical risks and is often cited by C-suite executives and Board Members as their gravest concern. Threats that are this complex and amorphous require strong partnerships including the inside of the organization. At first glance, cybersecurity and internal audit would seem to have very little in common or little need to interact with one another. Indeed, that is probably still the case in many organizations. Our guests today however have taken a different approach.   For more information visit: https://whitecollarforensic.com/ Cybersecurity is at the top of most organizations’ list of critical risks and is often cited by C-suite executives and Board Members as their gravest concern. Threats that are this complex and amorphous require strong partnerships including the inside of the organization. At first glance, cybersecurity and internal audit would seem to have very little in common or little need to interact with one another. Indeed, that is probably still the case in many organizations. Our guests today however have taken a different approach.  

For more information visit: https://whitecollarforensic.com/

]]> 1158 no The Inherent Challenge of Thwarting Trade-Based Money Laundering https://podcasts.apple.com/podcast/id1527816335?hootPostID=46b8b34973f2a6ccf1a0a3b5adeee4a3 In this episode, we discuss trade-based money laundering. According to the intergovernmental money laundering and terrorist financing watchdog the Financial Action Task Force (FATF), there are three primary methods that transnational criminal and terrorist organizations utilize to launder the proceeds of illicit activity and use illicit proceeds to finance terrorist operations. 1. Through the use of the financial system; 2. Physical movement of hard currency by use of couriers and smuggling techniques and; 3. Through the physical movement of commercial and consumer goods in international trade. For more information visit: https://whitecollarforensic.com/ Wed, 20 Jan 2021 11:00:00 -0000 The Inherent Challenge of Thwarting Trade-Based Money Laundering full 2 20 Scott Moritz Trade-Based Money Laundering In this episode, we discuss trade-based money laundering. According to the intergovernmental money laundering and terrorist financing watchdog the Financial Action Task Force (FATF), there are three primary methods that transnational criminal and terrorist organizations utilize to launder the proceeds of illicit activity and use illicit proceeds to finance terrorist operations. 1. Through the use of the financial system; 2. Physical movement of hard currency by use of couriers and smuggling techniques and; 3. Through the physical movement of commercial and consumer goods in international trade. For more information visit: https://whitecollarforensic.com/ In this episode, we discuss trade-based money laundering. According to the intergovernmental money laundering and terrorist financing watchdog the Financial Action Task Force (FATF), there are three primary methods that transnational criminal and terrorist organizations utilize to launder the proceeds of illicit activity and use illicit proceeds to finance terrorist operations. 1. Through the use of the financial system; 2. Physical movement of hard currency by use of couriers and smuggling techniques and; 3. Through the physical movement of commercial and consumer goods in international trade.

For more information visit: https://whitecollarforensic.com/

]]> 2320 no The Missing Private Banker: When Bank Fraud Takes a Dark Turn The Carrasco case is a cross-border financial crime that is worth revisiting. Its lessons remain as relevant today as they were in 1998 when the fraud first erupted. For more information visit: https://whitecollarforensic.com/ Wed, 13 Jan 2021 11:00:00 -0000 The Missing Private Banker: When Bank Fraud Takes a Dark Turn full 2 19 Scott Moritz Missing Private Banker The Carrasco case is a cross-border financial crime that is worth revisiting. Its lessons remain as relevant today as they were in 1998 when the fraud first erupted. For more information visit: https://whitecollarforensic.com/ The Carrasco case is a cross-border financial crime that is worth revisiting. Its lessons remain as relevant today as they were in 1998 when the fraud first erupted.

For more information visit: https://whitecollarforensic.com/

]]> 1944 no Cross Border Investigations During the Age of COVID https://podcasts.apple.com/podcast/id1527816335?hootPostID=46b8b34973f2a6ccf1a0a3b5adeee4a3 Conducting investigations in certain parts of the world can be challenging because of the business practices, language barriers and cultural differences. In some of those countries, they are discouraged or even unlawful. When you overlay travel restrictions during a global health crisis, challenging doesn’t begin to describe it.   In this episode, we discuss how global organizations are a microcosm of the countries and cultures in which they operate. Understanding the customs, languages, business practices and cultural norms is an essential part of conducting effective investigations when operating outside of the U.S. In many parts of the world, business practices and cultural norms tacitly endorse bribery, corruption, and other financial and property crimes. Companies are expected to operate within the law in each country in which they operate and to follow the standards and practices delineated in the organization’s code of conduct and corporate compliance program.  Compliance programs are expected to have certain program elements including mechanisms for confidential reporting of suspected wrongdoing and an efficient, reliable, and properly funded process for investigating the allegation and documenting the company’s response, including any disciplinary or remediation measures taken. For more information visit: https://whitecollarforensic.com/ Wed, 06 Jan 2021 11:00:00 -0000 Cross Border Investigations During the Age of COVID full 2 18 Scott Moritz Cross Border Investigations Conducting investigations in certain parts of the world can be challenging because of the business practices, language barriers and cultural differences. In some of those countries, they are discouraged or even unlawful. When you overlay travel restrictions during a global health crisis, challenging doesn’t begin to describe it.   In this episode, we discuss how global organizations are a microcosm of the countries and cultures in which they operate. Understanding the customs, languages, business practices and cultural norms is an essential part of conducting effective investigations when operating outside of the U.S. In many parts of the world, business practices and cultural norms tacitly endorse bribery, corruption, and other financial and property crimes. Companies are expected to operate within the law in each country in which they operate and to follow the standards and practices delineated in the organization’s code of conduct and corporate compliance program.  Compliance programs are expected to have certain program elements including mechanisms for confidential reporting of suspected wrongdoing and an efficient, reliable, and properly funded process for investigating the allegation and documenting the company’s response, including any disciplinary or remediation measures taken. For more information visit: https://whitecollarforensic.com/ Conducting investigations in certain parts of the world can be challenging because of the business practices, language barriers and cultural differences. In some of those countries, they are discouraged or even unlawful. When you overlay travel restrictions during a global health crisis, challenging doesn’t begin to describe it.  

In this episode, we discuss how global organizations are a microcosm of the countries and cultures in which they operate. Understanding the customs, languages, business practices and cultural norms is an essential part of conducting effective investigations when operating outside of the U.S. In many parts of the world, business practices and cultural norms tacitly endorse bribery, corruption, and other financial and property crimes. Companies are expected to operate within the law in each country in which they operate and to follow the standards and practices delineated in the organization’s code of conduct and corporate compliance program.  Compliance programs are expected to have certain program elements including mechanisms for confidential reporting of suspected wrongdoing and an efficient, reliable, and properly funded process for investigating the allegation and documenting the company’s response, including any disciplinary or remediation measures taken.

For more information visit: https://whitecollarforensic.com/

]]> 2604 no Financial Investigations Units and Special Investigations Units investigate threats against the institution and its customers https://podcasts.apple.com/podcast/id1527816335?hootPostID=46b8b34973f2a6ccf1a0a3b5adeee4a3 Most financial services companies above a certain size have one or more Financial Investigations Units (FIUs) and Special Investigations Units (SIUs) to investigate various threats against the institution and/or its customers. The missions vary from those that narrowly focus on risks such as card fraud and elder financial fraud, to those focused broadly on both insider and external threats against the institution and its customers. While BSA/AML and sanctions units command a great deal of regulatory attention, FIUs have the same SAR filing obligations as their AML and sanctions counterparts.  For more information visit: https://whitecollarforensic.com/ Wed, 16 Dec 2020 11:00:00 -0000 Financial Investigations Units and Special Investigations Units investigate threats against the institution and its customers full 1 17 Scott Moritz FIU's and SIU's Investigate Threats Most financial services companies above a certain size have one or more Financial Investigations Units (FIUs) and Special Investigations Units (SIUs) to investigate various threats against the institution and/or its customers. The missions vary from those that narrowly focus on risks such as card fraud and elder financial fraud, to those focused broadly on both insider and external threats against the institution and its customers. While BSA/AML and sanctions units command a great deal of regulatory attention, FIUs have the same SAR filing obligations as their AML and sanctions counterparts.  For more information visit: https://whitecollarforensic.com/ Most financial services companies above a certain size have one or more Financial Investigations Units (FIUs) and Special Investigations Units (SIUs) to investigate various threats against the institution and/or its customers. The missions vary from those that narrowly focus on risks such as card fraud and elder financial fraud, to those focused broadly on both insider and external threats against the institution and its customers. While BSA/AML and sanctions units command a great deal of regulatory attention, FIUs have the same SAR filing obligations as their AML and sanctions counterparts. 

For more information visit: https://whitecollarforensic.com/

]]> 3335 no Is Corruption a Part of the UN's DNA? In this episode we look inside the United Nations and its various agencies. We assess the harsh reality of endemic corruption in how governments intersect with UN agencies. Given its unique mission, the nature of how it is funded and disbursed funds largely for things such as large-scale infrastructure building, healthcare, education and peace-keeping, and the fact that its employees and officers are foreign officials under the law, the UN represents a perfect storm of corruption risk. Scott Moritz speaks to Murphy & McGonigle law partner Robert “Bob” Appleton. Bob was Chief of the first ever UN Anti-Corruption Unit, the Procurement Fraud Task Force, which existed between 2006-2010, and was responsible in part for the focus of the FCPA by the Fraud Section at DOJ. For more information visit: https://whitecollarforensic.com/ Wed, 09 Dec 2020 11:00:00 -0000 Is Corruption a Part of the UN's DNA? full 1 16 Scott Moritz UN Corruption In this episode we look inside the United Nations and its various agencies. We assess the harsh reality of endemic corruption in how governments intersect with UN agencies. Given its unique mission, the nature of how it is funded and disbursed funds largely for things such as large-scale infrastructure building, healthcare, education and peace-keeping, and the fact that its employees and officers are foreign officials under the law, the UN represents a perfect storm of corruption risk. Scott Moritz speaks to Murphy & McGonigle law partner Robert “Bob” Appleton. Bob was Chief of the first ever UN Anti-Corruption Unit, the Procurement Fraud Task Force, which existed between 2006-2010, and was responsible in part for the focus of the FCPA by the Fraud Section at DOJ. For more information visit: https://whitecollarforensic.com/ In this episode we look inside the United Nations and its various agencies. We assess the harsh reality of endemic corruption in how governments intersect with UN agencies. Given its unique mission, the nature of how it is funded and disbursed funds largely for things such as large-scale infrastructure building, healthcare, education and peace-keeping, and the fact that its employees and officers are foreign officials under the law, the UN represents a perfect storm of corruption risk. Scott Moritz speaks to Murphy & McGonigle law partner Robert “Bob” Appleton. Bob was Chief of the first ever UN Anti-Corruption Unit, the Procurement Fraud Task Force, which existed between 2006-2010, and was responsible in part for the focus of the FCPA by the Fraud Section at DOJ.

For more information visit: https://whitecollarforensic.com/

]]> 2722 no The Wall Street Wolfhound Explains Pump & Dump Schemes In this episode we examine pump and dump schemes in which thinly traded penny stocks are held by unscrupulous broker-dealers through nominees who push the stock on unsophisticated investors, drive up the share prices and then sell their shares at inflated prices causing the stock value to drop significantly. The term pump and dump is not widely known outside of securities enforcement but the names of the practitioners are more familiar. Stratton Oakmont’s Jordan Belfort (of Wolf of Wall Street fame), Benjamin Conde, Power Traders Press, Rooney Pace, A.R. Baron and the granddaddy of them all, Bob Brennan of First Jersey Securities, introduced the world to stock boiler rooms which have continued to be a blight on the securities industry. For more information visit: https://whitecollarforensic.com/ Wed, 02 Dec 2020 11:00:00 -0000 The Wall Street Wolfhound Explains Pump & Dump Schemes full 1 15 Scott Moritz Wall Street Wolfhound In this episode we examine pump and dump schemes in which thinly traded penny stocks are held by unscrupulous broker-dealers through nominees who push the stock on unsophisticated investors, drive up the share prices and then sell their shares at inflated prices causing the stock value to drop significantly. The term pump and dump is not widely known outside of securities enforcement but the names of the practitioners are more familiar. Stratton Oakmont’s Jordan Belfort (of Wolf of Wall Street fame), Benjamin Conde, Power Traders Press, Rooney Pace, A.R. Baron and the granddaddy of them all, Bob Brennan of First Jersey Securities, introduced the world to stock boiler rooms which have continued to be a blight on the securities industry. For more information visit: https://whitecollarforensic.com/ In this episode we examine pump and dump schemes in which thinly traded penny stocks are held by unscrupulous broker-dealers through nominees who push the stock on unsophisticated investors, drive up the share prices and then sell their shares at inflated prices causing the stock value to drop significantly. The term pump and dump is not widely known outside of securities enforcement but the names of the practitioners are more familiar. Stratton Oakmont’s Jordan Belfort (of Wolf of Wall Street fame), Benjamin Conde, Power Traders Press, Rooney Pace, A.R. Baron and the granddaddy of them all, Bob Brennan of First Jersey Securities, introduced the world to stock boiler rooms which have continued to be a blight on the securities industry.

For more information visit: https://whitecollarforensic.com/

]]> 1341 no Out from the Shadows: Examining Accounting Firm "Shadow Investigations" In this episode, we’re going to explore the little-known area of “shadow investigations” in which accounting firms oversee internal investigations being performed by outside counsel and their forensic investigations counterparts in an effort to ensure the investigation is scoped appropriately such that it will provide sufficient information for the audit partner to comfortably sign off on the auditee’s financial statements.  For more information visit: https://whitecollarforensic.com Tue, 24 Nov 2020 11:00:00 -0000 Out from the Shadows: Examining Accounting Firm "Shadow Investigations" full 1 14 Scott Moritz "Shadow Investigations" In this episode, we’re going to explore the little-known area of “shadow investigations” in which accounting firms oversee internal investigations being performed by outside counsel and their forensic investigations counterparts in an effort to ensure the investigation is scoped appropriately such that it will provide sufficient information for the audit partner to comfortably sign off on the auditee’s financial statements.  For more information visit: https://whitecollarforensic.com In this episode, we’re going to explore the little-known area of “shadow investigations” in which accounting firms oversee internal investigations being performed by outside counsel and their forensic investigations counterparts in an effort to ensure the investigation is scoped appropriately such that it will provide sufficient information for the audit partner to comfortably sign off on the auditee’s financial statements. 

For more information visit: https://whitecollarforensic.com

]]> 2087 no Why We Need Compliance Officers More Than Ever https://podcasts.apple.com/podcast/id1527816335?hootPostID=46b8b34973f2a6ccf1a0a3b5adeee4a3 In this episode of Fraud Eats Strategy , we discuss why we need compliance officers now more than ever. The workforce that emerges from the combination of stay at home orders and the financial crisis will be very different than ever before. Each of us is dealing with unprecedented levels of stress, anxiety, and uncertainty. These external stressors can cause people in positions of trust to suspend good judgment. They can put themselves and their organizations at risk in the process. Decision-making under stress and unreasonable times pressure can be a perfect storm during which business ethics may be given short shrift. Joining us today is Richard Bistrong. Richard is the CEO of Front-Line Anti-Bribery LLC through which he conducts corporate workshops and keynotes to sales teams, leadership groups (including boards and c-suite executives), and compliance teams (including internal audit, finance, and HR). For more information visit: https://whitecollarforensic.com Wed, 18 Nov 2020 11:00:00 -0000 Why We Need Compliance Officers More Than Ever full 1 13 Scott Moritz Compliance Officers are Key In this episode of Fraud Eats Strategy , we discuss why we need compliance officers now more than ever. The workforce that emerges from the combination of stay at home orders and the financial crisis will be very different than ever before. Each of us is dealing with unprecedented levels of stress, anxiety, and uncertainty. These external stressors can cause people in positions of trust to suspend good judgment. They can put themselves and their organizations at risk in the process. Decision-making under stress and unreasonable times pressure can be a perfect storm during which business ethics may be given short shrift. Joining us today is Richard Bistrong. Richard is the CEO of Front-Line Anti-Bribery LLC through which he conducts corporate workshops and keynotes to sales teams, leadership groups (including boards and c-suite executives), and compliance teams (including internal audit, finance, and HR). For more information visit: https://whitecollarforensic.com In this episode of Fraud Eats Strategy , we discuss why we need compliance officers now more than ever. The workforce that emerges from the combination of stay at home orders and the financial crisis will be very different than ever before. Each of us is dealing with unprecedented levels of stress, anxiety, and uncertainty. These external stressors can cause people in positions of trust to suspend good judgment. They can put themselves and their organizations at risk in the process. Decision-making under stress and unreasonable times pressure can be a perfect storm during which business ethics may be given short shrift. Joining us today is Richard Bistrong. Richard is the CEO of Front-Line Anti-Bribery LLC through which he conducts corporate workshops and keynotes to sales teams, leadership groups (including boards and c-suite executives), and compliance teams (including internal audit, finance, and HR).

For more information visit: https://whitecollarforensic.com

]]> 1591 no Laundering Van Gogh - Is Fine Art the Next Anti-Money Laundering Battleground? https://podcasts.apple.com/podcast/id1527816335?hootPostID=46b8b34973f2a6ccf1a0a3b5adeee4a3 In today's episode, we examine the often opaque, secretive world of fine art and how billions of dollars, a lot of which is from unknown origins, leads to the sales of fine art. Joining us to talk about this subject is Kobre & Kim partner Rob Rathmell. Rob specializes in providing offensive, counter-offensive, and defensive strategies for high-net-worth individuals and institutions in international litigation involving allegations of fraud, money laundering, sanctions violations, and other forms of misconduct.  For more information visit: https://whitecollarforensic.com Wed, 11 Nov 2020 11:00:00 -0000 Laundering Van Gogh - Is Fine Art the Next Anti-Money Laundering Battleground? full 1 12 Scott Moritz Is Fine Art the Next Anti-Money Laundering Battleground? In today's episode, we examine the often opaque, secretive world of fine art and how billions of dollars, a lot of which is from unknown origins, leads to the sales of fine art. Joining us to talk about this subject is Kobre & Kim partner Rob Rathmell. Rob specializes in providing offensive, counter-offensive, and defensive strategies for high-net-worth individuals and institutions in international litigation involving allegations of fraud, money laundering, sanctions violations, and other forms of misconduct.  For more information visit: https://whitecollarforensic.com In today's episode, we examine the often opaque, secretive world of fine art and how billions of dollars, a lot of which is from unknown origins, leads to the sales of fine art. Joining us to talk about this subject is Kobre & Kim partner Rob Rathmell. Rob specializes in providing offensive, counter-offensive, and defensive strategies for high-net-worth individuals and institutions in international litigation involving allegations of fraud, money laundering, sanctions violations, and other forms of misconduct. 

For more information visit: https://whitecollarforensic.com

]]> 1442 no The OFAC Enigma - When Compliance is a Moving Target https://podcasts.apple.com/podcast/id1527816335?hootPostID=46b8b34973f2a6ccf1a0a3b5adeee4a3 In this episode we discuss the Office of Foreign Assets Control (OFAC) sanctions and other areas of sanctions compliance and the inherent challenges of operating a company in compliance with U.S. and international sanctions when the lists of sanctioned parties are a moving target. Joining us are two experts on the subject of U.S. Trade and Economic Sanctions, Arnold & Porter Partner Baruch Weiss and co-host Eric Rudolph of FTI Consulting.  For more information visit: https://whitecollarforensic.com Wed, 04 Nov 2020 11:00:00 -0000 The OFAC Enigma - When Compliance is a Moving Target full 1 11 Scott Moritz When Compliance is a Moving Target In this episode we discuss the Office of Foreign Assets Control (OFAC) sanctions and other areas of sanctions compliance and the inherent challenges of operating a company in compliance with U.S. and international sanctions when the lists of sanctioned parties are a moving target. Joining us are two experts on the subject of U.S. Trade and Economic Sanctions, Arnold & Porter Partner Baruch Weiss and co-host Eric Rudolph of FTI Consulting.  For more information visit: https://whitecollarforensic.com In this episode we discuss the Office of Foreign Assets Control (OFAC) sanctions and other areas of sanctions compliance and the inherent challenges of operating a company in compliance with U.S. and international sanctions when the lists of sanctioned parties are a moving target. Joining us are two experts on the subject of U.S. Trade and Economic Sanctions, Arnold & Porter Partner Baruch Weiss and co-host Eric Rudolph of FTI Consulting. 

For more information visit: https://whitecollarforensic.com

]]> 1352 no Using Artificial Intelligence to Root Out Fraud and Insider Trading In this episode, we discuss the rapidly expanding use of artificial intelligence, machine learning and robotic process automation to undertake trade surveillance and mitigate fraud. Joining me today are two experts on the subject of Artificial intelligence from both the technical and legal and compliance perspectives.  For more information visit: https://whitecollarforensic.com Wed, 21 Oct 2020 10:00:00 -0000 Using Artificial Intelligence to Root Out Fraud and Insider Trading full 1 9 Scott Moritz How artificial intelligence, machine learning and the robotic process undertake trade surveillance and mitigate fraud In this episode, we discuss the rapidly expanding use of artificial intelligence, machine learning and robotic process automation to undertake trade surveillance and mitigate fraud. Joining me today are two experts on the subject of Artificial intelligence from both the technical and legal and compliance perspectives.  For more information visit: https://whitecollarforensic.com In this episode, we discuss the rapidly expanding use of artificial intelligence, machine learning and robotic process automation to undertake trade surveillance and mitigate fraud. Joining me today are two experts on the subject of Artificial intelligence from both the technical and legal and compliance perspectives. 

For more information visit: https://whitecollarforensic.com

]]> 1144 no Critiquing Leadership and Living to Tell About It https://podcasts.apple.com/podcast/id1527816335?hootPostID=46b8b34973f2a6ccf1a0a3b5adeee4a3 In this episode, we talk about the uncomfortable and sometimes terrifying situation when a compliance officer must critique a member of leadership team and living to tell about it. In recent years, the expression “tone at the top” has been displaced by “conduct at the top” ushering in a new era of leadership accountability and transparency by the DOJ and other enforcement agencies in the U.S. and overseas. As a practical matter, compliance officers must on occasion investigate or critique members of the leadership team when conducting an internal investigation or assessing the ethics and compliance program. Joining me today is Matt Tanzer. For 13 years, Matt held various positions at Tyco including Chief Compliance & Ethics Officer. A position he also held after Tyco was merged into Johnson Controls.  For more information visit: https://whitecollarforensic.com Wed, 14 Oct 2020 10:00:00 -0000 Critiquing Leadership and Living to Tell About It full 1 8 Scott Moritz Critiquing a member of leadership In this episode, we talk about the uncomfortable and sometimes terrifying situation when a compliance officer must critique a member of leadership team and living to tell about it. In recent years, the expression “tone at the top” has been displaced by “conduct at the top” ushering in a new era of leadership accountability and transparency by the DOJ and other enforcement agencies in the U.S. and overseas. As a practical matter, compliance officers must on occasion investigate or critique members of the leadership team when conducting an internal investigation or assessing the ethics and compliance program. Joining me today is Matt Tanzer. For 13 years, Matt held various positions at Tyco including Chief Compliance & Ethics Officer. A position he also held after Tyco was merged into Johnson Controls.  For more information visit: https://whitecollarforensic.com In this episode, we talk about the uncomfortable and sometimes terrifying situation when a compliance officer must critique a member of leadership team and living to tell about it. In recent years, the expression “tone at the top” has been displaced by “conduct at the top” ushering in a new era of leadership accountability and transparency by the DOJ and other enforcement agencies in the U.S. and overseas. As a practical matter, compliance officers must on occasion investigate or critique members of the leadership team when conducting an internal investigation or assessing the ethics and compliance program. Joining me today is Matt Tanzer. For 13 years, Matt held various positions at Tyco including Chief Compliance & Ethics Officer. A position he also held after Tyco was merged into Johnson Controls. 

For more information visit: https://whitecollarforensic.com

]]> 1687 no Performing a Fraud Risk Assessment and The Unexpected https://podcasts.apple.com/podcast/id1527816335?hootPostID=46b8b34973f2a6ccf1a0a3b5adeee4a3 In this episode, we talk about why this may be exactly the right time to perform a meaningful fraud risk assessment. Fraud risks are like potential explosions. The vulnerability of fraud can lay dormant for years until and unless someone in a position to exploit the control weakness, formulates a rationalization and is off and running. Joining us today is Bruce Dorris CEO and President of Association of Certified Fraud Examiners. The ACFE is a member organization of over 85,000 Certified Fraud Examiners and the world’s largest anti-fraud organization. The ACFE is also a standard setter for anti-fraud and investigative leading industry practices having created many important publications including the Report to the Nations, the Occupational Fraud and Abuse Classification System and the Fraud Risk Management Guide.   For more information visit: https://whitecollarforensic.com Wed, 30 Sep 2020 10:00:00 -0000 Performing a Fraud Risk Assessment and The Unexpected full 1 6 Scott Moritz Fraud Risk Assessments In this episode, we talk about why this may be exactly the right time to perform a meaningful fraud risk assessment. Fraud risks are like potential explosions. The vulnerability of fraud can lay dormant for years until and unless someone in a position to exploit the control weakness, formulates a rationalization and is off and running. Joining us today is Bruce Dorris CEO and President of Association of Certified Fraud Examiners. The ACFE is a member organization of over 85,000 Certified Fraud Examiners and the world’s largest anti-fraud organization. The ACFE is also a standard setter for anti-fraud and investigative leading industry practices having created many important publications including the Report to the Nations, the Occupational Fraud and Abuse Classification System and the Fraud Risk Management Guide.   For more information visit: https://whitecollarforensic.com In this episode, we talk about why this may be exactly the right time to perform a meaningful fraud risk assessment. Fraud risks are like potential explosions. The vulnerability of fraud can lay dormant for years until and unless someone in a position to exploit the control weakness, formulates a rationalization and is off and running. Joining us today is Bruce Dorris CEO and President of Association of Certified Fraud Examiners. The ACFE is a member organization of over 85,000 Certified Fraud Examiners and the world’s largest anti-fraud organization. The ACFE is also a standard setter for anti-fraud and investigative leading industry practices having created many important publications including the Report to the Nations, the Occupational Fraud and Abuse Classification System and the Fraud Risk Management Guide.  

For more information visit: https://whitecollarforensic.com

]]> 1689 no "Mr. FCPA" on DOJ Compliance Guidance Takeaways https://podcasts.apple.com/podcast/id1527816335?hootPostID=46b8b34973f2a6ccf1a0a3b5adeee4a3 In this episode, we talk about the importance of seeing your compliance program through the government’s eyes. The DOJ Fraud Section recently released its latest update to their guidance on evaluation of corporate compliance programs. While it does not represent a major rewrite, it did provide further clarity on the government’s expectations on post-merger integration, continuous program improvement and compliance’s access to relevant data sources needed to drive the program.  For more information visit: https://whitecollarforensic.com Wed, 23 Sep 2020 10:00:00 -0000 "Mr. FCPA" on DOJ Compliance Guidance Takeaways full 1 5 Scott Moritz "Mr. FCPA" on DOJ Compliance Guidance Takeaways In this episode, we talk about the importance of seeing your compliance program through the government’s eyes. The DOJ Fraud Section recently released its latest update to their guidance on evaluation of corporate compliance programs. While it does not represent a major rewrite, it did provide further clarity on the government’s expectations on post-merger integration, continuous program improvement and compliance’s access to relevant data sources needed to drive the program.  For more information visit: https://whitecollarforensic.com In this episode, we talk about the importance of seeing your compliance program through the government’s eyes. The DOJ Fraud Section recently released its latest update to their guidance on evaluation of corporate compliance programs. While it does not represent a major rewrite, it did provide further clarity on the government’s expectations on post-merger integration, continuous program improvement and compliance’s access to relevant data sources needed to drive the program. 

For more information visit: https://whitecollarforensic.com

]]> 2624 no Is it Possible to Monetize Effective Compliance? https://podcasts.apple.com/podcast/id1527816335?hootPostID=46b8b34973f2a6ccf1a0a3b5adeee4a3 In this episode, we talk about one of the more challenging aspects of regulatory compliance - measuring return on investment. Important elements of an effective compliance program include confidential reporting and investigations. Today we speak to two subject matter experts on confidential reporting, Carrie Penman, Chief Compliance Officer of NAVEX Global, a widely noted compliance luminary and Kyle Welch, Assistant Professor, George Washington University’s School of Business. Carrie and Kyle have collaborated on several studies on how to measure the return on investment of compliance hotlines. Join us to hear about what you can do to help your measurements. For more information visit: https://whitecollarforensic.com Wed, 16 Sep 2020 10:00:00 -0000 Is it Possible to Monetize Effective Compliance? full 1 4 Scott Moritz Is it Possible to Monetize Effective Compliance? In this episode, we talk about one of the more challenging aspects of regulatory compliance - measuring return on investment. Important elements of an effective compliance program include confidential reporting and investigations. Today we speak to two subject matter experts on confidential reporting, Carrie Penman, Chief Compliance Officer of NAVEX Global, a widely noted compliance luminary and Kyle Welch, Assistant Professor, George Washington University’s School of Business. Carrie and Kyle have collaborated on several studies on how to measure the return on investment of compliance hotlines. Join us to hear about what you can do to help your measurements. For more information visit: https://whitecollarforensic.com In this episode, we talk about one of the more challenging aspects of regulatory compliance - measuring return on investment. Important elements of an effective compliance program include confidential reporting and investigations. Today we speak to two subject matter experts on confidential reporting, Carrie Penman, Chief Compliance Officer of NAVEX Global, a widely noted compliance luminary and Kyle Welch, Assistant Professor, George Washington University’s School of Business. Carrie and Kyle have collaborated on several studies on how to measure the return on investment of compliance hotlines. Join us to hear about what you can do to help your measurements.

For more information visit: https://whitecollarforensic.com

]]> 1844 no Fraud Has No Place to Hide (in a Down Economy) https://podcasts.apple.com/podcast/id1527816335?hootPostID=46b8b34973f2a6ccf1a0a3b5adeee4a3 In this second episode of Fraud Eats Strategy, Scott Moritz speaks to Neil Barofsky, a partner at Jenner & Block and the former Special Inspector General of the Troubled Asset Relief Program about these issues. We will explore the increased discovery of financial crimes that occur in a down cycle of the economy and how organizations can use fraud risk assessments to identify fraud, pursue avenues of recovery and strengthen their organizations against the potential negative consequences of fraud. For more information visit: https://whitecollarforensic.com Wed, 02 Sep 2020 10:00:00 -0000 Fraud Has No Place to Hide (in a Down Economy) full 1 2 Scott Moritz Scott Moritz Talks with Neil Barofsky a partner at Jenner & Block and the former Special Inspector General of the Troubled Asset Relief Program About Fraud Having No Place to Hide (in a Down Economy) In this second episode of Fraud Eats Strategy, Scott Moritz speaks to Neil Barofsky, a partner at Jenner & Block and the former Special Inspector General of the Troubled Asset Relief Program about these issues. We will explore the increased discovery of financial crimes that occur in a down cycle of the economy and how organizations can use fraud risk assessments to identify fraud, pursue avenues of recovery and strengthen their organizations against the potential negative consequences of fraud. For more information visit: https://whitecollarforensic.com In this second episode of Fraud Eats Strategy, Scott Moritz speaks to Neil Barofsky, a partner at Jenner & Block and the former Special Inspector General of the Troubled Asset Relief Program about these issues. We will explore the increased discovery of financial crimes that occur in a down cycle of the economy and how organizations can use fraud risk assessments to identify fraud, pursue avenues of recovery and strengthen their organizations against the potential negative consequences of fraud.

For more information visit: https://whitecollarforensic.com

]]> 1622 no What Enron Can Teach Us About Future Frauds https://podcasts.apple.com/podcast/id1527816335?hootPostID=46b8b34973f2a6ccf1a0a3b5adeee4a3 In this first episode of Fraud Eats Strategy with Scott Moritz he speaks to former Enron Whistleblower Sherron Watkins about the many red flags that were ignored, the ill-fated board decisions and the wide-ranging complicity that led to Enron’s implosion.   Sherron’s memo to former Enron leadership warned of the accounting irregularities that would cause the company to “implode in a wave of accounting scandals” and sparked what is now one of the biggest fraud and misconduct cases in American history. For more information visit: https://whitecollarforensic.com Wed, 26 Aug 2020 10:00:00 -0000 What Enron Can Teach Us About Future Frauds full 1 1 Scott Moritz Scott Moritz and Sherron Watkins discuss Enron and what Whistleblowers can do in business In this first episode of Fraud Eats Strategy with Scott Moritz he speaks to former Enron Whistleblower Sherron Watkins about the many red flags that were ignored, the ill-fated board decisions and the wide-ranging complicity that led to Enron’s implosion.   Sherron’s memo to former Enron leadership warned of the accounting irregularities that would cause the company to “implode in a wave of accounting scandals” and sparked what is now one of the biggest fraud and misconduct cases in American history. For more information visit: https://whitecollarforensic.com In this first episode of Fraud Eats Strategy with Scott Moritz he speaks to former Enron Whistleblower Sherron Watkins about the many red flags that were ignored, the ill-fated board decisions and the wide-ranging complicity that led to Enron’s implosion. 

 Sherron’s memo to former Enron leadership warned of the accounting irregularities that would cause the company to “implode in a wave of accounting scandals” and sparked what is now one of the biggest fraud and misconduct cases in American history.

For more information visit: https://whitecollarforensic.com

]]> 1303 no Introduction to Fraud Eats Strategy https://podcasts.apple.com/us/podcast/introducing-fraud-eats-strategy-podcast-scott-moritz/id1527816335?i=1000488161311 In this introduction, you will meet Scott Moritz, President of White Collar Forensic. The series features a deep dive into the various ways fraud can affect each and every one of us. Join us each week as we take a deep dive into the various forms of fraud across the world and discuss crime families, penny stock boiler rooms, international money launderers, narco-traffickers, oligarchs, dictators, warlords, kleptocrats, and more. For more information visit: https://whitecollarforensic.com Fri, 14 Aug 2020 13:23:00 -0000 Introducing the Fraud Eats Strategy Podcast with Scott Moritz trailer 1 1 Scott Moritz Fraud Eats Strategy In this introduction, you will meet Scott Moritz, President of White Collar Forensic. The series features a deep dive into the various ways fraud can affect each and every one of us. Join us each week as we take a deep dive into the various forms of fraud across the world and discuss crime families, penny stock boiler rooms, international money launderers, narco-traffickers, oligarchs, dictators, warlords, kleptocrats, and more. For more information visit: https://whitecollarforensic.com In this introduction, you will meet Scott Moritz, President of White Collar Forensic. The series features a deep dive into the various ways fraud can affect each and every one of us.

Join us each week as we take a deep dive into the various forms of fraud across the world and discuss crime families, penny stock boiler rooms, international money launderers, narco-traffickers, oligarchs, dictators, warlords, kleptocrats, and more.

For more information visit: https://whitecollarforensic.com

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