Richard H. Girgenti - Managing the Risk of Fraud and Misconduct: Meeting the Challenges of a Global, Regulated and Digital Environment

MANAGING THE RISK OF FRAUD AND MISCONDUCT

MEETING THE CHALLENGES OF A GLOBAL, REGULATED, AND DIGITAL ENVIRONMENT

RICHARD H. GIRGENTI, J.D.
AND TIMOTHY P. HEDLEY, Ph.D.

Copyright 2011 by Richard H. Girgenti and Timothy P. Hedley. All rights reserved. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of the publisher.

ISBN: 978-0-07-170259-1
MHID: 0-07-170259-8

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Rich Girgenti is the National and Americas leader for KPMG LLPs Forensic Advisory Services, global lead for the firms Compliance and Monitoring network, and a member of the firms International Forensic Steering Group. He has more than 35 years of experience both nationally and globally conducting investigations and providing fraud risk management advisory services to public and private corporations, as well as federal and state government entities and not-for-profit organizations.

Rich has served as a member of the board of directors for KPMG LLP and the Americas region. He has chaired the boards Governance Task Force, as well as the Professional Practice, Ethics and Compliance and the Nominating committees. He has also served as a member of the Audit and Finance and the Pension committees.

Prior to joining KPMG, Rich held a number of high-level legal and law enforcement positions. He served as New York State Director of Criminal Justice and Commissioner of the Division of Criminal Justice Services, where he oversaw and coordinated the policies and initiatives of all the states criminal justice agencies and worked closely with all federal and state law enforcement agencies. He is a former veteran state prosecutor in the Office of the Manhattan District Attorney, where he handled investigations, trials, and appeals in both the state and federal courts, including investigations and prosecutions of white-collar, violent, and major narcotics organized crime cases.

Rich holds a bachelors degree from Seton Hall University and a J.D. from Georgetown University Law Center. He is a Certified Fraud Examiner.

Rich publishes extensively on a wide range of criminal justice, white-collar, and fraud-related topics. He lectures frequently and conducts training programs and workshops on all aspects of fraud investigations and on the evaluation, development, and implementation of integrity programs.

Tim Hedley is a partner in KPMGs Forensic practice where he serves as global lead for the firms Fraud Risk Management network. He provides clients with a wide range of forensic services by assisting with the prevention of, detection of, and response to fraud and misconduct. Tim also directs the development of methodologies and tools to assess the effectiveness of anti-fraud, corporate compliance, and integrity programs for multinational business organizations.

Tim has significant experience working with both public and private companies across a broad range of industries to respond to allegations of fraud or misconduct, including, among others, allegations involving earnings management, counterfeiting, bribery and kickbacks, construction, potential Ponzi schemes, and employee theft. He conducts fraud and compliance risk assessment and designs and conducts fraud awareness and compliance training programs. Tim assists clients with benchmarking their anti-fraud and compliance efforts against recognized industry practices and with designing, implementing, and evaluating corporate fraud investigative units. He also coordinates detailed internal audit testing of identified fraud, compliance, and integrity risk areas, including, among other areas, cash, FCPA, conflicts of interest, equal treatment, and antitrust.

Tim has served on KPMGs Legal and Compliance Committee, chairing the Code of Conduct task force and the Investigative Process Enhancement task force.