The Knowledge Group
The Knowledge Group

The Knowledge Group Has Scheduled a Live Webcast on Corporate Fraud Detection, Remedy, and Prevention Techniques: How to Defend Your Company in 2015 Live Webcast

New York, NY, February 11, 2015 --( The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, announced today that it has scheduled a live webcast entitled: Corporate Fraud Detection, Remedy, and Prevention Techniques: How to Defend Your Company in 2015 Live Webcast. This two-hour event is scheduled on March 3, 2015 at 10:00 AM - 12:00 PM ET.

Event Synopsis:
Most companies face greatly increased risks of being a victim of fraud in today global and computer-oriented business milieu. Considering the high cost of fraud, in revenue, time, and legal cost, losses of opportunity, etc. it is surprising how few companies are protected from and prepared for fraud. It is imperative that companies develop and implement fraud prevention strategies to prevent, detect, and address business fraud. Strong fraud prevention policies assure investors, regulators, auditors and the general public that the company is protected.

The Association of Certified Fraud Examiners estimates that fraud and related abuse cause the equivalent of five percent of gross revenues in losses. According to the Association of Certified Fraud Examiners, businesses suffer an average of $155,000 per fraud incident and increasing yearly. Billing fraud schemes are the most common, comprising almost one-third of the total.

To defend against fraud, one must be educated about how fraud schemes are perpetrated, who does them, what and how much is stolen, recognizing non-traditional fraud schemes, what prevention schemes can be enacted; among others. Based upon studies done by several organizations including the Committee of Sponsoring Organizations (COSO), the Association of Certified Fraud Examiners (ACFE), and large CPA firms, the top ten fraud schemes include corruption, Ponzi and asset flip schemes.

In this two hour live webcast, a panel of thought leaders and practitioners assembled by The Knowledge Group will review and discuss Corporate Fraud Detection, Remedy, and Prevention Techniques. The panel will provide insights and advice on How to Defend Your Company in 2015 and offer best practices in developing and implementing an effective Fraud Proactive Prevention and Response Policies, Procedures, and Programs.

Some of the major topics that will be covered in this course are:
· Classical Fraud Cases: Ponzi, Madoff, ZeekRewards, HealthSouth, Apple Computers, Yelp
· Conflicts of Interest (Purchasing and Sales Schemes); Bribery (Kickbacks and Bid Rigging)
· SEC Responses to Fraud
· Common Corporate Weaknesses
· Why Employees Commit Fraud (The Fraud Triangle)
· 'Inside Jobs', Procurement Fraud, and Cyber Crime
· Risks of Inaction
· Data Mining and Analytics
· Fraud Auditing Techniques
· Effective Internal Investigations
· Data Breach Management
· Effective Legal Action and Remedies
· Corporate Anti-fraud Compliance Policies and Procedures
· Compliance and Litigation Risks

Speakers/Faculty Panel
Alex Jay
Wragge Lawrence Graham & Co LLP

Michael D. Mysak
Bennett Jones

Thomas Quinn
Wilson Elser

For an updated list of the faculty panel, please visit:

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Group, LLC brings together the world's leading authorities and industry participants through informative two-hour webcasts that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.

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The Knowledge Congress
Thomas LaPointe, Jr., Executive Director
Therese Lumbao, Director
Account Management & Member Services