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Monthly Archives

June 2020

#6 Ready, Steady, AIM…at Fraud and Corruption

By Journey

When resources are stretched, it’s not productive to argue about whose fault it was that frauds were missed and not picked up sooner. A healthier aim would be to work together to stop fraud at the door…and not focus on blame.

Aiming to always keep the cost of fraud in our sights.

Immunisation against fraud and early detection is the transformational change we need now to preserve cash, and focus on those essential costs which contribute to healthier and more vibrant organisations in the future. We could ask ourselves:

  • Does our organisation sit back and wait for the eventual whistleblower, or is everyone trained to spot suppliers, customers, management, partners and employees who are misbehaving and reel them in before things spread?
  • Do we and our management feel that if the external auditors did not discover any fraud this year, then the future is rosy and fraud-free?
  • If serious fraud is discovered which internal positions should get the blame? (note: this could be a trick question!)

Getting to grips with these kinds of questions will give us a feeling for the mood inside our organisations, and if you wish, how to transform from an everyday compliant organisation to motivated teams which really keep fraud out!  Keep it simple: Practical awareness training, a recognition that fraud happens all the time, and a mindset to detect fraud early will save organisations huge amounts of money. The next stage could be to use pre-crime tools to follow the money combined with augmented reality and accessible artificial intelligence.

Alongside our B4 Pre-Crime solution we have developed and tested our “AIM 42 tool” which consists of 42 key questions to help organisations identify where and how to get the maximum payback from their essential cost/ “remove fraud” initiatives.

ICAEW Event July 3rd – Insights of a Fraud Detective

“How to Find Fraud Early” is a 1-hour webinar aimed at passionate accountants and auditors who want to make a difference.  Nigel Iyer has wanted to hold this course for the Institute of Chartered Accountants in England and Wales (the ICAEW) ever since he joined three decades ago.  Now he has finally been given the chance.  This interactive webinar is open to non-members too:

Register at ICAEW using this link or

#5 We are all Fraud Detectives!

By Journey

Nobody likes being cheated!  And when budgets are tight, everyone needs to use the resources they have sensibly. So, to protect our own assets and the organisations and people we care about, we should “awaken the fraud detective” that lies in each and every one of us.

Introducing Ms Sophy and what it takes to be like her

One of the appeals of Miss Marple…Agatha Christie’s kind and stylish detective with a razor-sharp mind for solving crimes…is that we can all be like her. Ms Sophy, our first fraud detective avatar was created in a similar way. So…what does it take to be a fraud detective?

During the last 20 years we have worked with hundreds of people who were either born to spot fraud or were initially sceptical.  And almost without exception every one of them would qualify as a fraud detective. We believe that we are all born with an instinct to spot an offer that’s too good to be true, a wolf in sheep’s clothing, dirty money and dodgy dealings.  We just need to remind ourselves that the world is still far from being fraud free, apply attention to detail, and maintain our belief in ourselves!  That’s why Ms Sophy is arguably the most important team member of B4 Investigate because she has it all…in bucketloads!  You will meet Sophy in our Fraud Detective Training, in coaching sessions, and as your assistant in our rapidly evolving B4 Pre-Crime platform. Sophy is female character but could just as well be male…being a fraud detective is not a gender issue. Have a listen to 45 seconds of Sophy here *.


Podcast interview with Nigel

The Confederation of Swedish Enterprise (Svenskt Näringsliv) has just released a podcast called “Think Like a Fraud Detective”, a short interview in English between renowned security expert Karl Lallerstedt and B4’s Nigel Iyer.