For Immediate Release      

November 14, 2022

For More Information Contact:

Hg: Sara Schaarschmidt, Hetherington Group

Phone: 973.706.7525

Email: sara@hetheringtongroup.com

ACFE: Stefanie Hallgren, (512) 478-9000

E-mail: PR@ACFE.com

[WANAQUE, NJ]– Fraud costs organizations worldwide an estimated 5 percent of their annual revenues, according to a study conducted by the Association of Certified Fraud Examiners (ACFE). Occupational Fraud 2022: A Report to the Nations analyzed 2,110 occupational fraud cases that caused a total loss of more than $3.6 billion.

The seriousness of the global fraud problem is why Hetherington Group (Hg) announced that it will be participating in International Fraud Awareness Week, Nov. 13-19, 2022, as an official supporter to promote anti-fraud awareness and education. The movement, known commonly as Fraud Week, champions the need to proactively fight fraud and help safeguard business and investments from the growing fraud problem.

Hg joins hundreds of organizations who have partnered with the ACFE, the world’s largest anti-fraud organization and premier provider of anti-fraud training and education, for the yearly Fraud Week campaign.

During Fraud Week, official supporters will engage in various activities, including: hosting fraud awareness training for employees and/or the community, conducting employee surveys to assess levels of fraud awareness within their organization, posting articles on company websites and in newsletters and teaming up with local media to highlight the problem of fraud.

“We join ACFE in their ever-vigilant commitment to educate the public on how to protect one’s personal interests—family, business, and investments—fraudsters,” said Hg president Cynthia Hetherington, MLS, MSM, CFE, CII. “Fraud Week is a global reminder that online risk assessments should be conducted as frequently as any risk survey, credit check, or personal security assessment. Hg’s analysts and intelligence gatherers stand at the ready to track down and eliminate sensitive information found online.”

ACFE president and CEO Bruce Dorris, J.D., CFE, CPA, said that the support of organizations around the world helps make Fraud Week an effective tool in raising anti-fraud awareness.

“Fraud is an issue that unfortunately affects people from all walks of life around the world and it takes many forms,” said Dorris. “Whether it’s a trusted employee stealing from a small business, or organized rings of fraudsters targeting seniors in our community, most people know someone who’s been victimized by fraud. That’s why it’s so important for organizations to join in this fight together in order to raise awareness during this week. It is a serious problem that requires a proactive approach toward preventing it and educating people is the first step.”

For more information about increasing awareness and reducing the risk of fraud during International Fraud Awareness Week, visit FraudWeek.com.

About Hetherington Group (Hg)

Hg is committed to sharing expertise, so the world can be a safer place. As a leader in open source intelligence gathering, it provides accredited training to industry professionals across the country. Hg offerings include seminar and webinar training in beginner, intermediate, and advanced internet and social media investigations; online ethics and best practices; online monitoring tools; fraud examinations; and open source intelligence searching. Annually, Hg staff train over 8,000 investigators, security professionals, attorneys, accountants, auditors, military intelligence professionals, and federal, state, and local agencies on best practices. Material is timely and actionable. Participants gain useful knowledge which can be used in the course of their own investigations. Hg is an NSA Center of Excellence grant recipient charged with developing and offering training opportunities at the U.S. Department of Defense and academic settings. Hg classes are ACFE, NASBA, DHS, LPF, SHRM, and ASIS approved for continuing professional education credits.

About the Association of Certified Fraud Examiners

Based in Austin, Texas, the ACFE is the world’s largest anti-fraud organization and premier provider of anti-fraud training and education. Together with more than 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, visit ACFE.com.

 

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