New video on corporate fraud addresses importance of tone at the top.A new 20-minute video entitled "Fraud and the Tone at the Top" features Joe Wells, 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. of the Association for Certified Fraud Examiners; AICPA AICPA See American Institute of Certified Public Accountants (AICPA). President and CEO Barry Melancon; and Walt Pavlo, a former MC1/WorldCom employee arrested and imprisoned im·pris·on tr.v. im·pris·oned, im·pris·on·ing, im·pris·ons To put in or as if in prison; confine. [Middle English emprisonen, from Old French emprisoner : en- for 41 months for money laundering, wire fraud and obstruction of justice A criminal offense that involves interference, through words or actions, with the proper operations of a court or officers of the court. The integrity of the judicial system depends on the participants' acting honestly and without fear of reprisals. . The video was produced in partnership with the ACRE. The presentation examines the important connection between fraud and the tone at the top in an organization. In telling his own story of deceit, Pavlo provides insight about what conditions make fraud more likely at a company and what can be done to prevent fraud from happening in the first place. To view the video, visit the AICPA's Antifraud and Corporate Responsibility Center at: [website] www.aicpa.org/antifraud; on click "Resources" |
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