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Larry C. Adams, CPA
Phoenix, Arizona USA
Certified Public Accountant
Certified Fraud Examiner
E-mail
fraudwritr@aol.com
Telephone (602) 995-8008
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Noteworthy News Archive
2004 Jul - Dec
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12/07/2004: Investigative Reporting for Television
Guest speaker:
Jim Osman, ABC TV 15 Investigative Reporter. Osman has appeared
on the ABC News program "PrimeTime Thursday." In 2004, Osman won three
Emmys for investigative reporting and writing and received two prestigious
Edward R. Murrow Awards for outstanding investigative journalism. Wrigley
Mansion tour and holiday lunch for the Arizona Chapter of the Association
of Certified Fraud Examiners. Location: Wrigley Mansion Club, Phoenix,
Arizona. 11:30 am to 2:00 pm. Members $25. Guests $45. For reservations,
contact Holly Frook at
hfrook@auditorgen.state.az.us.
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12/01/2004: Free Annual Credit
Reports
By federal law, U.S. residents of western states can obtain a free
annual credit report starting December 1 at this Web site,
www.annualcreditreport.com, or by telephone at 1-877-322-8228 or by mail.
The Web site is sponsored by Experian, Equifax, and Transunion, the
consumer credit reporting companies. Midwest states residents can get
reports beginning March 1, 2005. Southern states on June 1, 2005.
Eastern states and U.S. territories on September 1, 2005. You should
review your credit reports at least once a year to look for any errors,
which might be symptoms of identity theft.
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11/19/2004: Audit/Consulting/Management Activities
Guest speaker: Bob Wingenroth, City of Phoenix. Meeting of the
Phoenix Chapter of the Institute of Internal Auditors.
This is the 40th Anniversary of the chapter. Lunch at
the Heard Museum, followed by a museum tour.
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11/16/2004:
 Ancient
statues warn against bribery at the Olympic Games.
Read the Fraud In Other Words article for
November 2004.
The topics are Dorodoko, Kill the Messenger,
Ore Ore Sagi, and Zombie Debt.
FRAUD Magazine features this new
article by Larry C. Adams, CPA, CFE, CIA, CISA. |
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11/16/2004: Professionals with the CFE designation earn an average of 28% more than
professionals in comparable positions who do not hold the designation.
Read the "2004 Compensation Guide for Anti-fraud Professionals,"
which is a supplement to the November 2004 issue of FRAUD Magazine. For a
copy, contact the Association of Certified Fraud Examiners at
www.CFEnet.com.
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11/09/2004:
Identity Theft: Hunting Down and Nabbing the Thieves
What should the fraud examiner ask the bank or credit issuer? How can
you find the suspect? How do you tie the suspect to the offense? Guest
speakers: Krisa Bark, CFE, CPA, Mesa Police Department and
Clifton Comfort, CFE, CPA, Maricopa County Attorney's Office. Meeting of the Arizona
Chapter of the Association of Certified Fraud Examiners.
Location: Arizona Industrial Commission
Building, 5th Floor Conference Room,
800 West Washington Street, Phoenix, Arizona.
Time: 11:30am – 1:00pm.
Members: Free. Guests: $10. ASU Fraud Accounting students
welcome. Park on the top level of the
garage.
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11/03/2004:
Securing External Name Servers, guest speaker: Cricket Liu,
Vice President, Architecture - InfoBlox.
Making Wireless Networks Secure, guest speakers:
Craig Elford, Vice President, Technical Solution Sales - Sprint Business
Solutions, and John Barcomb, Wireless Design Engineer, IV - Sprint
Business Solutions.
The Barbarians Aren't at the Gates Anymore, guest speaker: Brian
Grayek, CISSP, ITIL, Principal Consultant Computer Associates.
Business Contingency Management (BCM) - Survival Guide - What Do I Need
to Consider, guest speaker: Jim Groark, Jim Groark BCM Consulting. Quarterly meeting
of the
Sonoran
Desert Security Users Group (SDSUG). The group discusses security topics on ACF2, Top Secret, and eTrust
Distributed Systems software. The Wells Fargo offices are moving, so there
is a new SDSUG meeting location: Word of Grace Church, Family Life Center,
655 East University Drive, Mesa, Arizona. 8:00 am - 4:00 pm.
RSVP to Leo J. Hauguel at (480) 774-5439 or hauguelj@wellsfargo.com.
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10/27/2004:
 58%
of physicians are willing to exaggerate the severity of a patient’s illness
and submit deliberately deceptive documentation to an insurance company.
Read a new addition to the Fraud In Other Words
Magazine Article Archive. The July
2000 topics are Chuecos, Fanning, Melchizedek Fraud, Moral Stress
Test, Gaming the System, Pay and Chase, Rug Burn, and Storm Chasers. |
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10/27/2004:
 A
phony letter almost prevented a candidate from becoming President of the
United States.
Read a new addition to the Fraud In Other Words
Magazine Article Archive. The January
2000 topics are Conspiracy of Silence, Mens Rea, Phony,
Roorback, Roumanian Box Trick,
Sling, Sling Back, Subscription Fraud,
Wine Scam, and Zero In. |
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10/27/2004:
 Over
100,000 gullible people respond to postal job scams every month.
Read a new addition to the Fraud In Other Words
Magazine Article Archive. The November
1999 topics are Authentication Mechanisms,
Check-cashing Ring, Joe Soap,
Postal Job Scam, and Skimming. |
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10/26/2004: Financial Exploitation of the Elderly
Half-day fraud seminar
presented by the Arizona
Chapter of the Association of Certified Fraud Examiners. Guest
speakers: A. Paul Blunt,
Esquire, Blunt & Associates; Irl Young, Chief Agent, Arizona
Registrar of Contractors; Pamela Svoboda, Assistant Attorney
General; Richard Skinner, Supervising Special Agent; Henry Soza,
Arizona Department of Real Estate. Location: Arizona Industrial Commission
Building, First floor auditorium,
800 West Washington Street, Phoenix, Arizona.
Time: 8:00am - noon.
Members: $40. Nonmembers: $50. ASU Fraud Accounting students
welcome. Park on the top level of the
garage. Make e-mail reservations to reneejenkinscpa@
earthlink.net. Submit payment by October 14.
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10/12/2004: Cash Theft and Disbursement Schemes:
Occupational Fraud, Part 1
Guest speaker: Renee Jenkins, CPA, CFE of L. Geoffrey
Consulting. Meeting of the Arizona
Chapter of the Association of Certified Fraud Examiners.
Location: Arizona Industrial Commission
Building, 5th Floor Conference Room,
800 West Washington Street, Phoenix, Arizona.
Time: 11:30am – 1:00pm.
Members: Free. Guests: $10. ASU Fraud accounting students
welcome. Park on the top level of the
garage.
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10/05/2004: The Current Security Landscape, Future
Threats/Vulnerabilities, and How to Prepare for Them
Guest speaker: Patrick Gray, Internet Security Systems,
Director of X-Force Operations (retired from the FBI). Monthly meeting of
the Information
Systems Security Association. 3:30pm to 5:00pm. Location: Keller
Graduate School of Management (DeVry University), Suite 5450, 1201 S. Alma
School Rd., Mesa, Arizona. For reservations, contact
RSVP4ISSA@yahoo.com. Free for
members and guests.
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09/27/2004:
Recognize the Symptoms of Fraud:
Wave Red Flags Where You Work
 Six
percent of business revenue is lost each year as a result of fraud. The
median loss from a scheme in a private company is $123,000. For a public
company or a not-for-profit organization, a fraud scheme costs $100,000.
Learn how you and your staff can identify and reduce fraud risks every day at
work. Larry
C. Adams, CPA, CFE, CIA, CISA will be the guest
lecturer in the Fraud Accounting class at Arizona State University West.
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09/25/2004: Focus Group
Presentation of a civil litigation case to mock juries. Data Call Inc.
1:00pm - 5:30pm.
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09/21/2004: Demands of an Ever Changing Profession: An Internal Audit Directors Panel
Discussion
Guest speakers: Cindy Douglass of Albertsons Inc., Ignacio
Martinez of Protiviti, Jennifer Smith of Wells Fargo, and
Greg Vokoun of the State of Arizona. Luncheon meeting and afternoon technical
session of the
Phoenix Chapter of the Institute of Internal Auditors. Doubletree
Guest Suites at Phoenix Gateway, 320 North 44th Street, Phoenix. 11:30am
to 2:00pm. Members $30. Nonmembers $35. Make reservations by 09/15/2004
with Pat Foster at (602) 863-8156 or patricia.foster@farmersinsurance.com.
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09/17/2004:
 Will fraud losses increase when banks eliminate paper checks this year?
Read the Fraud In Other Words article for September
2004. The topics are Check 21, Dime-dropper, Expunge, Monroney Label,
and Vu Camprá.
FRAUD Magazine features this new
article by Larry C. Adams, CPA, CFE, CIA, CISA. |
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09/14/2004: China Executes Perpetrators of Fraud
China executed four people, including employees of two of its Big Four
state banks, for fraud totaling $15 million, the Xinhua state news agency
said Tuesday, amidst a high-profile campaign against financial crime. The
precise number of people executed in China is a secret. Reports range from
5,000 to 10,000 a year, many for murder, but also for corruption and
crimes as minor as bottom-pinching. Legal experts have called for a "kill
fewer, kill carefully" policy for non-violent crimes.
http://www.reuters.com/newsArticle.jhtml?type
=worldNews&storyID=6229848
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09/14/2004: Forensic Document Examination
Guest speaker: John Hsueh, Criminalist, Phoenix Police
Department.
Meeting of the Arizona
Chapter of the Association of Certified Fraud Examiners.
Location: Arizona Industrial Commission
Building, 5th Floor Conference Room,
800 West Washington Street, Phoenix, Arizona.
Time: 11:30am – 1:00pm.
Members: Free. Guests: $10. Park on the top level of the
garage. A cafeteria is open in the basement.
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08/30/2004: Who Commits Fraud
and Why:
 Take the 2004
Gullibility Test
Challenge
your wits on a variety of subjects ranging from ancient cultures to
colonial America to today's wireless world. Find out how easily you can be
duped, in spite of your intuition and knowledge. This is a funny look at
how facts can improve or discredit your investigations and reports. Larry
C. Adams, CPA, CFE, CIA, CISA will be the guest
lecturer in the Fraud Accounting class at Arizona State University West.
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08/30/2004: College Student Discount for ACFE
College students may join the Association of Certified Fraud Examiners as
a
Student Associate for only $25 in the US. This includes a subscription
to FRAUD Magazine and the Fraud Examiners Manual on CD and full access to
other membership resources. College students are encouraged to
become acquainted with fraud examination because they will be tomorrow's
leaders. To qualify for this status you must provide proof of enrollment
in a university.
Associate dues for non-students are $95 in the US. For non-members,
the subscription rate for FRAUD Magazine is $55 and the price for the
Fraud Examiners Manual is $139. Other rates apply outside the US.
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08/23/2004 New Fraud Course at ASU West
The ASU West School of
Management is offering a new fraud examination course during the Fall
2004 semester (W ACC 494 Fraud Accounting, Schedule Line Number 51078).
Fraud Accounting is an entry-level survey course designed to introduce the
student to the basic concepts of fraud prevention and detection. The
course will be taught using a variety of resources including guest
speakers, video resources, and in-class assignments. Barbara J. Muller, CPA and Senior Lecturer, is
teaching the course. Larry C. Adams, CPA, CFE, CIA, CISA will be
the guest lecturer
on 08/30/2004 and 09/27/2004. The class
meets August 23 through December 13 on Mondays and Wednesdays from 5:00pm
to 6:15pm in room 201 of the Sands Building. The textbook is "Fraud Examination" by Dr. W. Steve
Albrecht, CFE, CPA (July 2002 edition, $109). Resident tuition is $621 for the 3 credit hour
undergraduate course (45 hours for CPE). ASU West is at 4701 West
Thunderbird Road in Phoenix, Arizona. Registration office (602) 543-8203.
Online registration.
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08/19/2004:
Businesses in Sweden, Australia, and Canada are the
least
willing to pay
bribes.
Read a new addition to the Fraud In Other Words
Magazine Article Archive. The November
2001 topics are Bribe Payers Index, Corruptions Perceptions Index,
Examine, Gundeck, Pencil-whip, Radio-in, Laddering, Spike a Job, Yo-Yo
Deal, Spot Delivery, and Conditional Spot Financing.
Computerized cartography can
map
fraud victims and trends.
 Read a new addition to the Fraud In Other Words
Magazine Article Archive. The January
1999 topics are Crime Mapping, Dipsy-Doodle, Ham-and-Eggers, IRE,
Neural Network, Opportunity Scam, Pattes de Mouches, Telefunders, and True
Name Fraud.
To deceive their prey,
pirates display the flag of a friendly country or merchant company.
Read a new addition to the Fraud In Other Words
Magazine Article Archive. The January
1998 topics are Capper, Kashrut Fraud, Reverse Mortgage Fee Scam,
Sacred Cow, Sail Under False Colors, Scapegoat, Scienter, and Spam. |
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08/19/2004: Neighborhood Ambassador Academy
Neighborhood Ambassadors are involved in combating unscrupulous and
unlicensed construction and home repair scams and in preventing financial
exploitation in their neighborhoods. 6:30 to 8:30 P.M. Location: Arizona
Industrial Commission Building, 800 W. Washington, 5th Floor, Phoenix,
Arizona. Sponsored by the
Arizona Registrar of Contractors.
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08/18/2004: Insight Arizona Technology Expo
Arizona's Oldest and Largest Technology Show.
Phoenix Civic Plaza, Exhibit Hall D. 9:00 am to 4:00 pm.
Most events free with registration form.
Seminars.
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08/17/2004: New Sections
on
Links Page
The Links page has a new section listing magazine
publications. The Links page has another new section listing search
engines to help you find subjects in general web sites, news, images,
magazine articles, groups, and blogs. You can get daily or weekly alerts
about your searches for web and news subjects. You can search for content
from your own web pages that is copied on other sites.
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08/10/2004: Sarbanes-Oxley Compliance
"MessageGate - The Solution to Sarbanes-Oxley Compliance", guest
speaker Jim Vandermeer, MessageGate. "Sarbanes-Oxley and More",
guest speaker Christopher Pierson, Lewis and Roca. "Securing WebSphere Under Top Secret and More", guest speaker Mathew Prestridge,
Computer Associates. Quarterly meeting of the
Sonoran
Desert Security Users Group (SDSUG). The group discusses security
topics on ACF2, Top Secret, and eTrust Distributed Systems software. 8:00 am - 4:40 pm, Wells Fargo offices, 8312
Hardy Drive, Suite 104, Tempe. RSVP to Leo J. Hauguel at (480) 774-5439 or
hauguelj@wellsfargo.com.
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08/10/2004: Annual Business Meeting
Welcome new members of the Board of Directors, James Saunders
and George Graham. Meeting of the
Arizona
Chapter of the Association of Certified Fraud Examiners.
Location: Arizona Industrial Commission
Building, 5th Floor Conference Room,
800 West Washington Street, Phoenix, Arizona.
Time: 11:30am – 1:00pm.
Members: Free. Guests: $10. Park on the top level of the
garage. A cafeteria is open in the basement.
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08/07/2004: Museum of Hoaxes
This is one of the most interesting Web sites on the Internet and
should be required reading for all fraud examiners. Sign up for the
museum's free weekly newsletter to keep you posted about the wacky and
scary events happening around the world. Alex Boese, Curator of the
Museum of Hoaxes, was
recently interviewed by ABC's World News Tonight and the New York Times
about how he debunks fraudulent stories.
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08/06/2004: Yakuza, the Japanese
criminal organization, gets its name from a bad hand in a card game.
Read a new addition to the Fraud In Other Words
Magazine Article Archive. The May 2001
topics are Cough Syrup, Defeasance, Fayuca, Loophole, Mock
Jury, Tar Baby, and Yakuza.
 In the U.S., 500,000 cars are stolen each year and
exported to other countries through boost-and-chop scams.
Read a new addition to the Fraud In Other Words
Magazine Article Archive. The July 1999
topics are Boodle, Boost-and-Chop Scam, Despachante, Exaction,
Impotence Profiteers, Kala 'apuka, Pulling the Wool over His Eyes, Teeing
In, and Clip Joint.
Mistaken identity problems occur when people have the same name. In China,
87 million people share the family name of Li.
Read a new addition to the Fraud In Other Words
Magazine Article Archive. The November 1997
topics are 809 Scam, Advocacy Stats, Jeito, Pay Through the
Nose, Pay to Play, Rolling Over the Quota, Surname Shortage, and Windbag.
Nearly 54 million gullible
people responded to guaranteed prize offers, according to a Louis Harris
poll.
Read a new addition to the Fraud In Other Words
Magazine Article Archive. The July 1995
topics are Out in Left Field, Hidden Toll Charges, Double
Whammy Child Support Scheme, Slip of the Tongue, Dead Kite, Silent
Auction, Guaranteed Prize Schemes, and Phreak. |
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08/04/2004: Take a Look at the CFE Exam
The 500 question CFE Exam is designed to measure your academic
knowledge and practical knowledge in four main areas: Criminology and
Ethics, Financial Transactions, Legal Elements of Fraud, and Fraud
Examination and Investigation. The exam is administered by the Association
of Certified Fraud Examiners. You can take a free
CFE Practice Quiz
online, which includes 20 questions from the CFE Exam.
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07/21/2004: Secret messages can be hidden in
image files and audio files. Read about steganography methods and
other articles in the archives of the
International Journal of Digital
Evidence (IJDE).
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07/19/2004: Is
someone new in your organization responsible for protecting employee and
customer information?
 Read the Fraud In Other Words article
for July 2004. The topics
are Benefit Tourism, Health Tourism, Chief Privacy Officer, Chrematophobia, Financial Action Task Force, and Glyphs. This new article by Larry C. Adams, CPA, CFE, CIA,
CISA is published in
FRAUD Magazine. |
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07/16/2004: Learn Fraud In
College
An increasing number of universities around the world are now offering
courses about fraud. This is a good trend. Eighty-seven are listed on this
web page: Fraud
Courses and Degrees
Offered at Universities.
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07/14/2004: Forty percent of seized counterfeit currency is
made with desktop printers in the home or office.
Read a new addition to the Fraud In Other Words
Magazine Article Archive. The September 2001 topics
are Blind
Justice, Digital Dupes, P-notes, Micas, Qualified Denial, Street Taxes,
and Trumped-up Charges.
The World Wrestling Federation (WWF)
used the United Nations to win a landmark fraud case.
Read a new addition to the Fraud In Other
Words Magazine Article Archive. The January 2001
topics are Backhander, Card Mill, Culprit, Cybersquatting, Laura Norda,
Paralipsis, and Pass the Buck.
Beware of
reports you want to be true, for whatever reason.
Read a new addition to the Fraud In Other Words
Magazine Article Archive. The November 2000 topics
are Acid
Test, Clink, Cloaking, Defalcate, Gimmick, Janet Cooke, Street Law, and
Wiggle Room.
Comedians Jack Benny and George
Burns used photographs to deter fraud. Read a
new addition to the Magazine Article Archive.
Begging Letter Fraud. |
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07/11-17/2004: National Fraud Awareness Week
New fraud statistics are available. You can view or download a copy of
the "2004
Report to the Nation on Occupational Fraud and Abuse" from the
Association of Certified Fraud Examiners. It is a 52 page report in the
PDF file format. The 2002 and 1996 Reports to the Nation are available
online also.
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07/11/2004: Holistic Fraud Management
Read the articles in the current issue and archives of the
Journal of Economic Crime Management (JECM).
It is an online forum for the discussion of theory, research, policy, and
practice relating to economic crime and fraud management.
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07/02/2004: Fraud In
Other Movies
 Stop
by your local video store, make a bucket of popcorn and study these films
about fraud and fraud deterrence. Fraud
In Other Movies has new listings for Fargo, The Freshman, Matchstick
Men, The Music Man, Quiz Show, and Shattered Glass.
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