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What is Fraud?

 "Knowing misrepresentation of the truth or concealment of a material fact to induce another to act to his or her detriment" (Black’s Law Dictionary) 

Beyond the Numbers

Fraud schemes and scams are not just the flow of the accounting numbers or the digital ones and zeros. These do help tell a part of "what" and "how" an alleged fraud has occurred. The "who/whom" is involved and "why" are also vital to understand. Fraud Examinations are no longer just ink and paper. Conducting a 21st Century Fraud Examination is comprehensive.

The Fraud Triangle

Amarillo Private Investigator
Digital Forensics Fraud Examinations

Financial Pressure

Whether 'Real' or 'Perceived' by the actor, generally there is pressure or incentive to commit a fraud. 

This pressure can be internal or external to an entity.

Rationalization

" a way of describing, interpreting, or explaining something (such as bad behavior) that makes it seem proper, more attractive, etc." Merriam-Webster (2024)

Opportunity

Access is 'Key'. Did the actor create access? Was given access? Opportunity is placed at the base of the triangle, because without access or opportunity the fraud cannot occur.  

Podcast Appearances - Listen in for some Tips & Tricks

Amarillo Private Investigator
Certified Fraud Examiner

Shining a Light on The Shadowy World of Scams

 Welcome to another riveting episode of The Dale Buckner Podcast! This time, we're joined by the brilliant Eli Wilkerson to shine a light on the shadowy world of scams. From classic cons to modern-day schemes, we dissect the tactics used by scammers to deceive and exploit unsuspecting individuals and businesses alike. Eli Wilkerson, a seasoned expert in cybersecurity, provides invaluable insights into recognizing red flags, staying vigilant, and protecting yourself from falling victim to these elaborate ploys. Join us for a deep dive into the psychology of scams and arm yourself with the knowledge to outsmart even the craftiest of fraudsters. Tune in and stay one step ahead on The Dale Buckner Podcast! 


https://www.dalebuckner.com/shining-a-light-on-the-shadowy-world-of-scams-with-eli-wilkerson-or-the-dale-buckner-podcast-ep-185

Explore The Pervasive Threat of Phishing Attacks

 Tune in to the latest episode of The Dale Buckner Podcast as we delve into the intricate world of cybersecurity with esteemed guest Eli Wilkerson. In this episode, we explore the pervasive threat of phishing attacks, dissecting their methods, impacts, and preventive measures. Eli Wilkerson, an expert in cybersecurity, provides invaluable and practical insights on safeguarding yourself and your organization against these increasingly sophisticated threats. Whether you're a seasoned professional or a curious listener, join us as we navigate the complex landscape of cybersecurity and arm ourselves with knowledge to stay ahead in the digital age. 


https://www.dalebuckner.com/explore-the-pervasive-threat-of-phishing-attacks-with-eli-wilkerson-or-the-dale-buckner-podcast-ep-184

Fraud Protection

 This week, Eli Wilkerson is joining the show to inform all our listeners about fraud. He discusses the major red flags to look for, and how to protect yourself against fraud and hackers. 


https://www.dalebuckner.com/fraud-protection-with-eli-wilkerson-or-dale-buckner-ep-155

Fraud with Eli Wilkerson

 This week's guest is Private Investigator and fraud expert, Eli Wilkerson. We are discussing how just a few extra seconds can help you identify fraud and bad actors. 


https://www.dalebuckner.com/fraud-with-eli-wilkerson

Common Types of Fraud

 Eli Wilkerson is with us again discussing “common” types of fraud. There is a lot of information packed into this podcast. We are talking about red flags to watch for and how to protect yourself from becoming a victim. One of the best ways to defend yourself is to pay attention, not only to this podcast but everything that comes across your path. 


https://www.dalebuckner.com/common-types-of-fraud-with-eli-wilkerson-or-dale-buckner-podcast-ep-111

Charity Fraud

 We are in the season of being charitable, and with that comes “Charity Fraud”. Eli Wilkerson is with us this week to discuss ways we can be aware of possible fraud and not become a victim of it. Fraud takes on many different forms, so tune in and listen as we go over some of the common forms of fraud and steps you can take to prevent it from happening to you. 


https://www.dalebuckner.com/charity-fraud-with-eli-wilkerson-or-dale-buckner-podcast-ep-110

Significant Fraud Consulting Engagements

Amarillo Private Investigator Certified Fraud Examiner Business Management

Chapter 13 Bankruptcy

Conducted examinations  into various "Sub S" corporations involving hotel businesses to assess a plaintiffs allegations of ponzi schemes.

Sex-Tortion & Cat-Phishing

Praxis Detection SVCS, LLC assisted private clients with a sextortion investigations. Ultimately, assisting the client with identifying the origin of the threat actor and providing the client with recommendations to improve information / cyber security measures.

Phishing / Whaling Campaign

Praxis Detection SVCS, LLC supported a multi-state investment firm with investigating a blitz of phishing and whaling emails. The results where utilized to improve the spam filters, the security of the firm, and their clients.

International Shell Companies & Corporate Frauds

Praxis Detection SVCS, LLC as supported multi-national corporations in their efforts to investigate various fraud schemes and prevention. Utilizing our network Certified International Investigators (CII), Certified Fraud Examiners (CFEs), and Open Source Intelligence Professionals (OSINT).


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