About Me CBinns IIA...About Me •Worked on a hotline as a confidential investigator for NYC DOI....
Transcript of About Me CBinns IIA...About Me •Worked on a hotline as a confidential investigator for NYC DOI....
About Me
• Worked on a hotline as a confidential investigator for NYC DOI.
• Studied hotlines since 2007.
• My PhD dissertation was on the topic of fraud hotlines.
• Wrote a book about hotlines, which was published by CRC Press in 2014.
My Book
Key Themes
• Design: Fraud hotlines are ubiquitous and effective yet often underutilized, due in part to design flaws.
• Performance: Fraud hotline performance is important, yet often overlooked.
• Assessment: Evaluating other people’s hotlines can help you create a better hotline.
Definition
Fraud Hotlines:
Anonymous reporting mechanisms for employees, and third parties, to report
organizational crime, fraud, waste and abuse.
Source: The Philadelphia Inquirer, June 7, 2018
Source: The Philadelphia Inquirer, April 28. 2018
Source: The Philadelphia Inquirer, January 26, 2019
ACFE Report to the Nations, 2018
Source: ACFE 2018 Report to the Nations, Pg. 4
KPMG Global Profiles of the Fraudster, 2016
Source: KPMG 2016 Global Profiles of the Fraudster, p. 9
ACFE Report to the Nations, 2018
Source: ACFE 2018 Report to the Nations, Pg. 17
Source: E&Y Global Fraud Survey, 2008, p. 10
Source: 2014 E&Y Global Fraud Survey, p 3
Source: E&Y 2011, p. 10
Source: E&Y 2011, p. 13
Source: 2016 E&Y Global Fraud Survey
Source: 2018 SEC Annual Report to Congress, Whistleblower Program, p. 20
Source: 2018 SEC Annual Report to Congress, Whistleblower Program, p. 14
Source: 2018 SEC Annual Report to Congress, Whistleblower Program, p. 24
Source: 2018 SEC Annual Report to Congress, Whistleblower Program, p. 12
Source: Business Report, South Africa
Source: The Philadelphia Inquirer, June 7, 2018
Source: The Inquirer, Philadelphia June 7, 2018
Source: The Inquirer, Philadelphia May 24, 2018
Source: CBS 3 Philly, May 22, 2018
The Fraud
The Discovery
The Fix
Prince George’s Hotline designed to protect tax dollars, wastes tax dollars
Source: The Washington Post
Source: Charlie Weston, The Irish Independent, January 26, 2017
Low Call Volume
• Employees are unaware a hotline exists.
• Employees are aware, but do not appreciate the value of their report.
• Employees fear retaliation.
Source: Fraud Magazine, Association of Certified Fraud Examiners
Key Themes
• Design: Fraud hotlines are ubiquitous and effective yet often underutilized, due in part to design flaws.
• Performance: Fraud hotline performance is important, yet often overlooked.
• Assessment: Evaluating other people’s hotlines can help you create a better hotline.