Falmouth Institute - Detecting and Preventing Fraud, Theft and Embezzlement in Tribal Organizations

This class is not currently scheduled.

Detecting and Preventing Fraud, Theft and
Embezzlement in Tribal Organizations

Theft of all types is a significant problem in Indian Country, particularly for tribal casinos and governments. Sometimes even seemingly-trustworthy employees cannot be trusted. Purchasing, travel, housing, payroll and illegal gratuities are among the common trouble spots.

Consider purchasing fraud. Tribes spend billions of dollars each year purchasing products and services. Statistics show that purchasing-related fraud is the single most common type of whitecollar crime; however, tribes rarely have the structures in place that are necessary to detect and prevent this type of crime.

How vulnerable is your organization? Probably more vulnerable than you realize. This class will show you common schemes dishonest employees might use to defraud your tribe of thousands or even millions of dollars completely undetected. More importantly, it will teach you simple steps that you can take to prevent this problem from ever developing, potentially saving your tribe millions.

T O P I C S I N C L U D E

Overview

What is employee theft?
How vulnerable are you?
Types of theft, including:

Purchasing fraud
Travel policy violations
Illegal gratuities
Housing issues
Payroll fraud
Embezzlement

Federal policy

Purchasing Fraud

Types of fraud, including:

Shell companies
Short shipments
Product substitutions
Inflated pricing
Phony documents
Kickbacks

Red Flags

Warning signs
Checklist

Developing Your Systems

Segregation of duties
Purchasing policies and procedures
Internal control review
Ethics code
Internal controls

Cultural Issues

Receiving gifts
Entertainment
Conflicts of interest

Investigating Fraud

Keeping it quiet
Steps in the process
Building your file
Federal law in Indian Country
Case study

Establishing Authority

Construction contracting
Sealed bidding

Prevention

Danger signals
Hiring procedures and background checks
Forensic audits
Ongoing background checks
System design
Reader timecards
Vendor checks

*Topics subject to change.

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