FRAUD FORCES LLC

Walking The Tight Rope

Avoid The Bad Decision In The
Public Entity
A Continuing Education Class For
Government Organizations

Fraud Forces, LLC

263 Main Street
Woodbridge NJ 07095

Walking The Tight Rope - Avoid

The Bad Decision In The Public
Entity
BRINGING REAL CASES
TO TRAINING
Joseph Petrucelli brings
extensive research and 30
years of experience to the
development of this interactive
case study based on fraud in
county government. Its
purpose is to create an
awareness of fraud in the
public entity.

GOVERNMENT AND
PUBLIC ENTITY
CORRUPTION
Many federal and state
governmental agencies
manage billions of dollars in
assets and revenue each
year. Those who are
elected to office have a
tremendous amount of
responsibility to safeguard
these assets. However,
each year we hear of cases
of mismanagement and
corruption. We bring one of
those cases to life with an
interactive case study led
by fraud examiner and CPA
Joe Petrucelli. Using
investigative techniques,
audiences can follow along

FRAUD
FORCES LLC

as the story unfolds to

reveal the motivations and
actions used to perpetrate
an actual fraud.
CASE OF A COUNTY
AUDITOR
A multi-million dollar
infrastructure contract was
awarded to a county
government in southern
Ohio. After numerous
attempts to complete the
project, millions were lost.
As a result, the County
Auditor, Kay Rogers, worked
to find a solution for the
taxpayers but unknowingly
found herself as a coconspirator to a federal
criminal case. Facing
pressure from
Commissioners and
concerned for her own
political future, Kay would
put herself in a position that
would ultimately lead to her
involvement in a multi-million
bank fraud

Joseph Petrucelli
CPA, CFE
Co-Author of
Preventing Fraud
and Mismanagement
in Government
(Wiley 2016)
What we are doing
here is taking
presentations to a
new level by showing
audiences real
people and real
situations involving
fraud.

Walking The
Tight Rope

FRAUD
FORCES LLC

DESCRIPTION
This 3-hour ethics-driven class presents government workers and
those who work with governments a perspective on how fraud
occurs in organizations. The presentation includes an overview of
the responsibilities for public workers and helps people
understand where fraud can occur in public entities. To further
demonstrate this, an interactive case study will be presented from
the main character in the case who will provide details of the
actions which resulted in criminal charges. In summary, the
fundamentals of fraud will be presented with how they played out
in the real-life case study.

OBJECTIVES
1) Understand the importance of Professional Skepticism
2) Understand different levels of Knowing and how willful
blindness can lead to corruption
3) Understand responsibilities of those in government with focus
on where value is exposed
4) Understand the role of the CPA or certified professional
5) Importance of Trust and its role in enabling fraud
6) Understand the distractions that allow fraudulent schemes to
occur
7) Understand the opportunities and environments that exist that
allow fraud to occur despite existing controls
8) Understand how fraudsters use deception and separation to
perpetrate their acts
9) Understand how fraudsters gain access to value and convert
it into a personal monetary gain.
10) Understand how to identify those who are potential enablers
and detractors of fraud
11) Understand how to conduct adequate follow-up on important
issues
12) Understand the behaviors surrounding fraudulent actions
13) Understand the Rule of Three to build consensus and protect
against perception of conflicts of interest.

Kay Rogers
Former Butler
County Auditor
It only took one
document that I
signed to give
someone the
opportunity to
defraud a bank.
Before I knew it, I
found myself right
in the middle of a
federal indictment.

Course Outline
FRAUD
FORCES LLC
DEFINITION OF FRAUD
ELEMENTS OF FRAUD
TYPES OF FRAUD IN GOVERNMENT ORGANIZATIONS
CASE STUDY KEY ELEMENTS
CASE STUDY PRESENTATION

Responsibility of Public Employee / Elected Official

Distractions - Fiber Ring Project
Access To Value - The Dynus Transaction
The Gig Is Up - The Deal Falls Apart
The Heat Is On (Federal Investigation)
Consequences - Dynus Trial

CASE STUDY KEY ELEMENT REVIEW

Misrepresented Reporting
Intentional Misrepresentation
Internal Control Breakdown
Trust Factor Reliance
Conflicts of Interest

PROFESSIONAL SKEPTICISM

Due Care
Lack of Sufficient Evidence
Mindset
Illusion of Objectivity and Transparency
Attribute Trust

COURSE MATERIALS
Each participant will be given a case study book / workbook with
material to be used throughout the presentation. It includes
reading material, documents and a comprehensive test on the
materials.

Engaging
Audiences with real
case studies

I never thought
that I could relate to
someone who
committed a fraud
but after this
presentation I
realized that Kay
could have been
me.

FRAUD
FORCES LLC

Contact information
WE WANT TO HEAR FROM YOU
If you have question about this presentations or one of
the many others that we have in our library, please send
us an email at info@500PearlStreet.com or call us at
617-858-5008.
Visit our website at www.500PearlStreet.com

Fraud Forces LLC

263 Main Street
Woodbridge NJ 07095

Bringing real cases

to life for audiences
that are engaging,
fun and
memorable.