National Fraud Center Announces Executive Reorganization Following Acquisition By LEXIS-NEXIS Risk Solutions.Business Editors HORSHAM, Pa.--(BUSINESS WIRE)--Sept. 28, 2000 The National Fraud Center, Inc. (NFC NFC abbr. National Football Conference ), a division of LEXIS-NEXIS Risk Solutions (LNRS LNRS Landing Night Recovery System (USAF) ), announced today that Norman A. Willox, Jr. has been named Chairman of the NFC and the Director of Government Affairs and Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most of LNRS. In addition, James P. Kerins was named President of the NFC and James H. Values was named Chief Executive Officer. The reorganization was announced following the recent acquisition of the NFC by LEXIS-NEXIS and the creation of LEXIS-NEXIS Risk Solutions, which includes the NFC as well as NFC sister companies RiskWise and PeopleWise, which were also acquired. Other divisions of LNRS include Batch Solutions and NEXIS NEXIS Nuclear Electric Xenon Ion System Interactive. "The acquisition by LEXIS-NEXIS significantly enhances the resources available to us and opens exciting new markets to the National Fraud Center," said Vaules, the new CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "As a result, the reorganization was necessary in order for us to provide the proper support and structure to take advantage of these new opportunities." Willox, who had served as CEO of the NFC, is responsible for the strategic direction of NFC. Willox received formal law enforcement and professional training credits as well as obtaining his degree in Public Administration from West Chester University. He currently serves as the Chairman of the International Fraud Symposium, board member for the Economic Crime Investigation Institute, trustee for the National Coalition for the Prevention of Economic Crime and a founding member of the Internet Fraud A crime in which the perpetrator develops a scheme using one or more elements of the Internet to deprive a person of property or any interest, estate, or right by a false representation of a matter of fact, whether by providing misleading information or by concealment of Council. Kerins is a 14-year veteran with the NFC and currently oversees strategic business developments. Previously he served as its Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . Prior to COO, he served as Executive Director of Investigations and was responsible for management of all investigation and research activities throughout the company. Kerins, who graduated from York College with a bachelor's degree in Criminal Justice, had a law enforcement career and is a candidate for a Master's degree in Economic Crime Management from Utica College of Syracuse University. Vaules, who has played a vital role in the NFC's major investigative unit for more than four years, had served as the NFC's Director of Government Relations prior to being named CEO. He presently oversees all operations, product development and corporate and competitive intelligence units. Vaules' career includes several senior positions with the FBI. About LEXIS-NEXIS LEXIS-NEXIS is a member of global publisher and information provider, Reed Elsevier, plc. Reed Elsevier plc (www.reed-elsevier.com) is owned equally by Reed International P.L.C (NYSE NYSE See: New York Stock Exchange :RUK RUK Reserviupseerikoulu (Hamina, Finland, Reserve Officers' School) RUK Are You Kidding? ) and Elsevier NV (NYSE:ENL Noun 1. ENL - an inflammatory complication of leprosy that results in painful skin lesions on the arms and legs and face erythema nodosum leprosum Hansen's disease, leprosy - chronic granulomatous communicable disease occurring in tropical and subtropical ). Operating in the scientific, legal and business-to-business industry sectors, LEXIS-NEXIS provides high value and flexible information solutions to professional end users, with increasing emphasis on the Internet as a delivery method. Building on its strong position in key markets and its established brands and content, the company is investing aggressively in the migration of its portfolio to electronic delivery, with links to a wider range of content-related services and transactional capabilities. For more information about LEXIS-NEXIS, please visit: www.lexis-nexis.com. About LEXIS-NEXIS Risk Solutions LEXIS-NEXIS Risk Solutions, a division of LEXIS-NEXIS, provides fraud, business due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. and risk management solutions in full service; automated, interactive, service bureau or consulting environments to meet the unique risk needs of businesses and governments worldwide. About National Fraud Center, Inc. The National Fraud Center, Inc. (www.nationalfraud.com) was established in 1982 to address society's growing concern for fraud and today is recognized worldwide as a leader in combining decades of expert experience with the latest technology to help businesses, consumers and government agencies save millions of dollars by minimizing their exposure to costly fraud and risk issues. |
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