Backdating digital river
Lansley gave an example of a fictitious truth detector in action during a video excerpt from the former Fox television show, “Lie to me.” (Paul Ekman International was a show consultant.) In the excerpt, business people are gathered in a boardroom.
At one end of the table a woman is wanting to sell shares of her company to a wealthy business owner at the other end of the table.
Superheroes are often recognized by a distinguishing trait: Superhuman strength. Whistleblower Harry Markopolos, CFE, CFA, uncovered red flags in May 2000 that would eventually lead to the downfall of Bernie Madoff’s billion Ponzi scheme, the largest in U. “For more than eight years, he persisted.” Pedro Fabiano, CFE, founded the ACFE’s Argentina Chapter in 1996.
Ratley shared the stories of heroes in the anti-fraud profession. “But, as his book is appropriately titled, no one would listen,” said Ratley.
Tracks ranged from “Cyberfraud and Cybersecurity: How Big Are the Threats?
Lansley described six channels to pay attention to when evaluating deception: content, interactional style, voice, face, body and psychophysiology.
But Lansley said that statistics show that most fraudsters and criminals are better than most of us at lie detection — at about 65 percent — and all the rest are no better than chance.
Though only a few are genetically predisposed to be good truth observers, the good news, Lansley said, is that most can be trained.
“Today Pedro is one of the world’s foremost experts in international aspects of fraud investigations,” explained Ratley.
“He leads a team of more than 85 people at a microfinance institution operating in more than 20 countries.” Cynthia Cooper, CFE, along with her team, uncovered the .8 billion World Com fraud in 2002. “Without regard to her own career or reputation as vice president of internal audit, she and her team worked in secrecy and often at night to document misdeeds at the highest levels in the company,” he explained.