Top fraud professionals gather to share experiences, lead workshops and network.
The Fraud Summit, put on annually by the Jindal School’s Center for Internal Auditing Excellence, gathers professionals interested in the latest trends in fraud schemes and fraud prevention.
The two-day summit also offers continuing professional education through workshops and a general conference. The workshops offer 8 hours of CPE credit, and the conference offers another 8 hours of CPE credit.
The 2007 Fraud Summit focused on techniques to identify and investigate financial crimes. The event included speakers who covered fraud cases that they were personally involved in and techniques that they used for uncovering the frauds.
The conference was headlined by Glyn Smith, former Audit Director at WorldCom.
Glyn Smith was a Director in WorldCom/MCI’s internal audit department and played an important role in assisting Cynthia Cooper in uncovering the fraud at WorldCom. His presentation titled, “What Really Happened at WorldCom?” highlighted the failures in governance that led to the fraud.
Additional speakers at the conference included James Ratley and Tim Neyland. Neyland’s presentation titled “The Prosecution and Maintaining Evidence” emphasized the investigation component of a fraud case. Utilizing his background with the FBI’s White Collar Crime Investigation Group, Mr. Neyland provided conference attendees with a deeper understanding of prosecutorial techniques. Mr. Ratley’s presentation, titled “Latest Trends in Red Flags for Fraud” educated conference attendees on the behavioral indicators that are common amongst fraudsters.
This year’s conference attendance exceeded 300 attendees. Proceeds from the conference benefitted the Center for Internal Auditing Excellence at The University of Texas at Dallas.