Presentation: "Fraud Prevention from the Perspective of an Individual that Embezzled $13.5 Million"Speaker:
Vernon Beck, Convicted Fraudster
Why would a former U.S. Air Force fighter and bomber pilot decide to embezzle almost $14 million from the company where he had worked for 17+ years?
9/11 has a new meaning for me, because on 9/11 of 2007, at 7:30 AM, two FBI agents walked into my office and arrested me, hand-cuffed me and read me my rights, then transported me to the Federal Detention Center in downtown Houston, Texas where I was charged with committing a $13.5 million fraud. My life as I knew it was changed forever. Without any hesitation, I can tell you that my arrest was the best thing that ever happened to me in my life! Not only was I on the wrong path, I was flying down that path at Mach-1, and with my Air Force background – I know what Mach-1 feels like.
My health had deteriorated due to the immense stress of committing this crime, and hiding it from my family and loved ones. My weight had climbed to 239 pounds, my blood pressure had skyrocketed, and I am certain that either a heart attack or stroke was just around the corner. So why did I do it? What was I searching for? I did not need the money – I held a high-paying executive position for many years.
Location: Sam Houston State University (The Woodlands Center), Room 140, 3380 College Park Drive, The Woodlands, Texas 77384.
Presentation Description: The presentation
Presentation Description: The presentation is designed to inform fraud examiners about the conditions that can lead a well-respected executive of an organization to commit an embezzlement against his or her employer. Attendees will be afforded a rare opportunity to examine the act of committing an embezzlement from the perspective of an embezzler. Mr. Beck will openly and honestly discuss the criminal acts that he perpetrated against his employer
CPE Credits: 1.5 CPE Credit
||Check-in and Networking
- To assist and enhance participants ability to detect and prevent the occurrence of fraud in an organization.
- Provide attendees with a better understanding of the conditions that can lead to an embezzlement being committed by a well-respected member of an organization.
- Allow the attendee to view the act of committing an embezzlement from the perspective of an embezzler.
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Delivery Method: Group Live
Prerequisites: Not Applicable
Field of Study: Specialized Knowledge and Applications [Fraud]
Who Should Attend: Anti-fraud professionals, Auditors, Accountants, Attorneys, Investigators, Law Enforcement, Educators, Students
Advanced Preparation: None
Program Level: Basic
NASBA Sponsor No. 125230
The Houston Area Chapter of the Association of Certified Fraud Examiners is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.