The Three Million Dollar Ribbon
Total Credits: 2 including 1 Accounting - Technical, 1 Auditing- Technical
- Average Rating:
- Not yet rated
- Categories:
- ACPEN Industry Institute | Accounting and Auditing
- Faculty:
- Daniel Porter, CFE
- Course Levels:
- Intermediate
- Duration:
- 2 Hours
- License:
- Product Setting: Expires 30 day(s) after program date.
Description
Two conmen used lies and falsified documents to convince the State of Tennessee to give them a $3,000,000 economic development grant to create 1,000 jobs by purchasing and rehabilitating a vacant factory in rural Tennessee. Instead, they spent most of the money on an extravagant lifestyle and invested over $1M in a scheme to defraud the U.S. Federal Emergency Management Agency (FEMA) out of over $30,000,000 pursuant to a contract to provide the tarps for areas such as Puerto Rico, affected by hurricanes. This session provides a detailed case study of how the investigators accumulated, organized, and analyzed hundreds of documents, identified the falsifications and misrepresentations, conducted multiple interviews, and ultimately convicted the conmen. This case study provides multiple takeaways for detecting and investigating grant fraud, which is especially relevant in light of the numerous federal stimulus programs in recent years.
Basic Course Information
Learning Objectives- Learn the relationship between the three elements of fraud and how fraudsters think
- Understand how internal controls prevent fraud
- Learn the red flags to look for to identify fraud
- Learn to investigate fraud
Major Subjects
- Internal Controls
- Fraud Prevention
- Fraud Detection
- Fraud Investigation
Course Materials
| Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (442.7 KB) | Available after Purchase | ||
| The Three Million Dollar Ribbon Handout (12.2 MB) | Available after Purchase | ||
Faculty
Daniel Porter, CFE Related Seminars and Products
Daniel Porter, CFE, has conducted civil and criminal investigations for over 20 years as a licensed private investigator, a loss prevention manager, and as an investigator with the State of Tennessee. While he was Investigations Manager with the Tennessee Department of Transportation (an organization with over 4,000 employees and a budget of more than $1 Billion) he created an investigations section and was responsible for investigations of fraud, waste, and abuse. Currently, he is an investigator in the Special Investigations Unit in the Office of the Comptroller of the Treasury, of the State of Tennessee where he investigates fraud involving public funds.
He is a Cum Laude graduate from Middle Tennessee State University's Criminal Justice Program and a CFE. He has made presentations at AGA, IIA, and CFE conferences as well as to governmental agencies in various states including the Tennessee Bureau of Investigations and the Indiana CPA Society. He has provided law enforcement training certified by the Tennessee Peace Officers Standards and Training Commission. He is a guest lecturer at Middle Tennessee State University and the Vanderbilt University School of Law. He previously served as President and Vice President of the Middle Tennessee Chapter of the Association of Certified Fraud Examiners and was selected the Chapter's Member of the Year in 2003.
Dates
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Mon, Dec 30, 2024 - 01:00pm to 02:53pm CST
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Mon, Jan 06, 2025 - 03:00pm to 04:53pm CST
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Wed, Jan 22, 2025 - 09:00am to 10:53am CST
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Tue, Feb 11, 2025 - 11:00am to 12:53pm CST
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Wed, Feb 19, 2025 - 01:00pm to 02:53pm CST
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Tue, Mar 04, 2025 - 03:00pm to 04:53pm CST
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Wed, Mar 19, 2025 - 09:00am to 10:53am CDT
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Thu, Apr 10, 2025 - 06:00pm to 07:53pm CDT
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Tue, Apr 29, 2025 - 01:00pm to 02:53pm CDT
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Sat, May 10, 2025 - 10:00am to 11:53am CDT
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Mon, May 12, 2025 - 03:00pm to 04:53pm CDT
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Thu, May 29, 2025 - 09:00am to 10:53am CDT
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Tue, Jun 10, 2025 - 11:00am to 12:53pm CDT
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Wed, Jun 25, 2025 - 01:00pm to 02:53pm CDT
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Sat, Jun 28, 2025 - 10:00am to 11:53am CDT
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Mon, Jul 14, 2025 - 03:00pm to 04:53pm CDT
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Wed, Jul 30, 2025 - 09:00am to 10:53am CDT
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Mon, Aug 11, 2025 - 11:00am to 12:53pm CDT
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Tue, Aug 26, 2025 - 06:00pm to 07:53pm CDT
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Thu, Sep 11, 2025 - 03:00pm to 04:53pm CDT
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Fri, Sep 26, 2025 - 09:00am to 10:53am CDT
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Fri, Oct 03, 2025 - 11:00am to 12:53pm CDT
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Sat, Oct 25, 2025 - 11:00am to 12:53pm CDT
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Tue, Oct 28, 2025 - 01:00pm to 02:53pm CDT
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Tue, Nov 11, 2025 - 03:00pm to 04:53pm CST
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Mon, Nov 17, 2025 - 09:00am to 10:53am CST
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Wed, Dec 10, 2025 - 11:00am to 12:53pm CST
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Sat, Dec 27, 2025 - 10:00am to 11:53am CST
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Mon, Dec 29, 2025 - 01:00pm to 02:53pm CST
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Sat, Mar 28, 2026 - 10:00am to 11:53am CDT
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Sat, Jun 27, 2026 - 10:00am to 11:53am CDT
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Additional Info
Basic Course Information
Prerequisites NoneAdvanced Preparation None
Designed For Finance management, business management, bookkeepers, accountants, grant management, Auditors, fraud examiners
Original Recording Date
09/2024
Yellow Book No
Course Developer D.Porter Solutions
Date Added to Catalog 09/16/2024
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method
Group Internet Based
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.