Grand Fraud

Jul 11 2022 4

Grand Fraud Podcast artwork

The global podcast for fraud and corruption investigators. Covering the latest on tech trends, best practices, case studies and legal analyses in the world of serious fraud investigations. Hosted by Paul Milata (CFE). Direct support for this podcast comes from Nemexis GmbH (Berlin, Germany), a corporate crime investigations company working in Central and Eastern Europe: nemexis.de

Subscribe on Podcast Addict

015 - The 1MDB Heist (Malaysia), 2/2

Jul 11 2022 24 mins

1MDB, a Malaysian sovereign wealth fund, was described by the US DoJ in 2016 as “the world’s largest case of cleptocracy to date”. I talked to the person who brought the facts to light: Xavier Justo, a Swiss banker and 1MDB whistleblower. This is the second and last part of my interview. It starts with Xavier describing his arrest in Thailand. In the first part, Xavier recoun

014 - The 1MDB Heist (Malaysia), 1/2

Jun 26 2022 32 mins

1MDB, a Malaysian sovereign wealth fund, was exposed as a massive fraud in 2015. In 2016 the US DOJ described it as "the world’s largest case of cleptocracy to date". $4 billion were stolen, 10 different countries initiated criminal investigations, $8 billion in loans are still due. In this episode, I talk to the person who braught the fraud to light: Xavier Justo, Swiss banker a

013 - Why and How to Learn Crypto

Jun 12 2022 23 mins

Kevin Hart (CFE) is the president of ACFE’s Ireland Chapter and director of risk and advisory at the Fraud Prevention Training Center. In this episode, he argues that while crypto is far from being the money-laundering instrument of choice, investigators can and should learn how to investigate virtual currencies. He also points to a number of new developments which will make a si

012 - Is Corruption the Main Problem of Our Time? (2/2)

May 30 2022 26 mins

This is the second and last episode of my interview with Sarah Chayes, award-winning international journalist, author and former advisor to the US Joint Chiefs of Staff, Admiral Mike Mullen. Our discussion revolved around a core question: Is corruption the most important issue of our time? Can anyone hope to tackle any other global problem – be it climate change

011 - Is Corruption the Main Problem of Our Time? (1/2)

May 16 2022 16 mins

Is corruption the most important issue of our time? Can anyone hope to tackle any other global problem – be it climate change, migration, security, wealth inequality – without addressing grand fraud and corruption? This is the first in a series of episodes where I discuss this question with Sarah Chayes, an award-winning international journalist, a

010 - Crisis Communication (Germany)

May 02 2022 16 mins

Bad communication can harm an organization as much as the fraud itself. So what's the role of a communicator in a crisis team? What should the other team members expect from a crisis communicator - and what should the crisis communicator expect from them? How did digitization and the fake news discussion affect crisis PR? For this episode, I talked to Ulf Mehner, co-founder and dir

009 – Eastern Call For Listener Suggestions

Apr 18 2022 1 mins

Easter edition. We are seeking listener suggestions for speakers and topics. Full details in the audio. Email us at: [email protected] Direct support for this podcast comes from Nemexis GmbH (Berlin, Germany), a corporate crime investigations company specialized on Central and Eastern Europe: nemexis.de Your host is Paul Milata, CFE, PhD. Views expressed by podcast guests are t

008 - Risk Assessment: The Guide’s Update 2022

Apr 04 2022 31 mins

The COSO/ACFE “Fraud Risk Management Guide” published 2016 is the global benchmark for investigators performing fraud risk assessments. In this episode, I interview one of the Guide’s principal authors, David L. Cotton (CPA, CFE, CGFM). David describes the key elements of a successful fraud risk assessment and outlines the Guide’s current structure. He also announces the up

007 – Investigating Russia

Mar 21 2022 11 mins

Russia sanctions: What should investigators worldwide focus on? What risks - other than those associated with UBO, AML, cyber - have just sky-rocketed? I talked to Olga Belikova (CFE) from Kiev. Like many Ukrainian CFEs, since 2014 she gathered a wealth of experience investigating Russian sanction evasion patterns. This episode is the second and final part o

006 - A Message From Ukraine

Mar 14 2022 22 mins

This episode looks at the everyday reality of a colleague living in a war zone. Olga Belikova (CFE) from Kiev talks about February 24 and how her life has changed since then. She also describes her 48 hour, 600 km trip across Ukraine, from Kiev to Lviv, during the war's second week. The episode was recorded on Saturday, March 12th. In a second episode, to be