Our colleague Antoniu Obancia has met a stringent set of criteria, passed four difficult exams and became a certified fraud examiner (CFE), a certification awarded by the Association of Certified Fraud Examiners (ACFE).
The organization is based in Austin, Texas and is present worldwide. The exams were as follows:
Financial Transactions and Fraud Schemes – such as financial statement fraud, asset misappropriation, payment fraud, loan fraud, insurance fraud, health care fraud, contract and procurement fraud.
Law – legal issues related to fraud, for example corruption, securities fraud, money laundering, tax fraud, individual rights during examinations.
Investigation – pertaining to planning and conducting a fraud examination, collecting evidence, interview theory and application, digital forensics, tracing illicit transactions a.s.o.
Fraud Prevention and Deterrence – including chapters such as corporate governance, management’s and auditors’ fraud-related responsibilities, fraud risk assessment and management, fraud prevention programs.
According to the ACFE’s Fraud Examination Manual:
Fraud examination refers to a process of resolving signs or allegations of fraud from inception to disposition.
In addition, anti-fraud and anti-corruption programs should be tailored to the organization’s specific needs, risks and challenges.
The decisions fraud examiners make are important to the organizations they work for, as well as to the individuals they might call upon to investigate.
Based on this certification, Antoniu has the full ability to conduct fraud investigations and fraud prevention programs, dealing with organizational or occupational fraud. His skills acquired before, during his 25 years career as a lawyer, help him develop a legal and efficient way to approach the fraud examination activities.
The ACFE certification ensures that Antoniu assimilated the full body of knowledge necessary to act, as well as the ACFE Code of Professional Ethics.
In the terms of ACFE, Antoniu has the ability to: examine data and records to detect and trace fraudulent transactions; interview suspects to obtain information and confessions; write investigation reports; advise clients as to their findings; testify at trial; understand the law as it relates to fraud and fraud investigations; and identify the underlying factors that motivate individuals to commit fraud.
About the ACFE
The ACFE is the world’s largest anti-fraud organization and premier provider of anti-fraud training and education. Together with nearly 90,000 members, the ACFE is reducing business fraud worldwide and inspiring public confidence in the integrity and objectivity within the profession. For more information about the ACFE visit ACFE.com.
CFEs on six continents have investigated millions of suspected cases of civil and criminal fraud.
Globally preferred by employers, the CFE credential denotes proven expertise in fraud prevention, detection, deterrence and investigation.