Accounting Professors Rarely Give TED Talks
Fraud researcher Kelly Richmond Pope shares lessons from some of history's high-profile whistle-blowers, people who've taken personal and career risk to point out corruption, crime and threats to security
https://www.ted.com/talks/kelly_richmond_pope_how_whistle_blowers_shape_history?utm_source=newsletter_weekly_2018-10-13&utm_campaign=newsletter_weekly&utm_medium=email&utm_content=bottom_right_button
Jensen Comment
The SEC and IRS have reward programs for rewarding whistleblowers because these programs are often the most effective way of discovering fraud.

What are the Methods of Detecting Fraud?
https://www.accountingweb.com/practice/clients/what-are-the-methods-of-detecting-fraud?source=pe101218

AICPA:  Municipal fraud is a rampant, and often preventable, crime that affects communities across the country ---
https://www.journalofaccountancy.com/newsletters/2018/oct/lessons-learned-municipal-fraud-cases.html?utm_source=mnl:cpald&utm_medium=email&utm_campaign=08Oct2018

Jensen Comment
It's a mistake to save money by weakening internal controls. There's a lot of focus on administrators who engage in these frauds. But in many (most?) it's elected officials who take advantage of their powers to take bribes and kickbacks. In big cities like Chicago, Detroit, and New Orleans bribes and kickbacks are routine rather than rare.

Bob Jensen's Fraud updates --- http://faculty.trinity.edu/rjensen/FraudUpdates.htm