ACFE Washington Metro Chapter and Institute of Internal Auditors DC Chapter (IIA DC)
Internal Audit Awareness Month Session (4 NASBA CPEs); May 7, 2026 (Thursday; 1:00 PM to 5:00 PM ET)
- Free for ACFE Washington Metro and IIA DC members
- $80 for non-Chapter members
- To become an ACFE Washington Metro Chapter member, please enroll at http://www.acfedc.org
This is a virtual CPE (group-internet based) event.
Agenda:
1:00 - 2:00 PM: Your Project Isn’t Telling You the Truth: The Warning Signs That Never Appear In Dashboards, Reports, Or Slide Decks (Presented by Matthew Oleniuk)
2:00 - 3:00 PM: Banks Pay the Price When They Miss the Signs of Fraud (Presented by Catherine Mustico and Mary Scott)
3:00 - 4:00 PM: Real-Time Fraud Controls in Federal Programs Using GenAI (Presented by Katie Wilson and Brian Jacobs)
4:00 - 5:00 PM: Crypto Investment Scams (Presented by Sam Marby and Gary Warner)
Your Project Isn’t Telling You the Truth: The Warning Signs That Never Appear In Dashboards, Reports, Or Slide Decks
- Presenter: Matthew Oleniuk (The Risk Insider)
Most complex projects watch the dashboard, not the road. Leaders and assurance functions review familiar metrics and feel reassured by “green” indicators, even as real problems form outside the reporting frame. Dashboards capture activity, not vulnerability, and they routinely filter out the uncomfortable signals that matter most. This session examines why early warning signs rarely appear in reports, audits, or slide decks, and how assurance, audit, and oversight professionals can detect emerging trouble earlier. Using real oversight examples, the session focuses on judgment, interpretation, and the signals that surface before failures become visible or public.
Learning Objectives
- Explain why formal reporting and dashboards routinely obscure early warning signs in complex projects and initiatives.
- Recognize common patterns that indicate emerging instability, even when performance reporting appears positive.
- Apply practical inquiry and oversight techniques to surface difficult truths earlier and support timely intervention.
Banks Pay the Price When They Miss the Signs of Fraud
- Presented by: Catherine Mustico, CFE, CAMS, CAMS-FCI (Fundamental Compliance Consulting) and Mary Scott (Fundamental Compliance Consulting)
Impersonation fraud can unfold with alarming speed when a criminal gains a foothold and an institution overlooks the early signs of account compromise. The session explores how confusion, coached victim responses, and inconsistent internal communication can create the perfect environment for a fraudster to move money undetected. Missed intervention points and ignored red flags are shown to transform a preventable incident into a significant financial loss. Fundamental Compliance Consulting's Catherine Mustico and Mary Scott will elaborate on how evidence-driven reviews can reshape institutional decision making and reduce wrongful denial of legitimate fraud claims.
Learning Objectives:
- Recognize how modern impersonation and scam-based fraud schemes are adaptations of longstanding fraud typologies, and identify the red flags that signal escalation into account compromise
- Analyze how regulatory expectations around detecting and responding to red flags of suspicious activity can capture these events, and how those obligations shape institutional responsibilities once suspicious activity is identified, including compromise containment measures.
- Evaluate whether fraud and transaction monitoring systems are effectively calibrated, combined with functionality testing, to not only detect risk but respond and adapt in real time to prevent or mitigate loss
Real-Time Fraud Controls in Federal Programs Using GenAI
- Presenters: Katie Wilson (weElevateIT LLC) and Brian Jacobs (weElevateIT LLC)
GenAI is transforming how federal agencies prevent and detect fraud, waste, and abuse—and how internal controls and audits operate in a real-time environment. In this conversational session, we will walk through the challenges facing internal controls today, how GenAI can strengthen both preventive and detective controls, and how auditors and government decision makers can use GenAI to enhance risk assessments and audits and operational process and oversight workflows. Through a live demo and practical examples, attendees will learn what GenAI can deliver now—and how to prepare their organizations for real-time integrity monitoring.
Learning Objectives
- Understand how GenAI enhances preventive and detective internal controls for fraud, waste, and abuse: Learn how GenAI supports early-warning indicators, strengthens control design, improves anomaly interpretation, and enables continuous monitoring in federal programs.
- Identify practical, responsible ways to integrate GenAI into oversight and audit workflows: Explore real-world use cases that reduce false positives, accelerate case triage, support fraud examiners, and help auditors enhance risk assessments, control testing, and evidence review.
- Recognize the prerequisites and guardrails for successful GenAI adoption in high-risk environments: Understand the data, governance, and workflow requirements needed to responsibly implement GenAI in preventive controls, detective controls, and audit functions.
Crypto Investment Scams
- Presenters: Sam Marby (Intelligence For Good) and Gary Warner (Intelligence for Good)
Crypto investment scams are now the #1 cybercrime by dollar loss in the United States, with $6.57 billion stolen in 2024 alone, yet they account for less than 5% of fraud reports. This session walks fraud examiners through a real-world case study in which a single victim report led to the discovery of 820 connected scam websites and $92.1 million in traced losses. Attendees will learn how open-source intelligence (OSINT) techniques, passive DNS analysis, and blockchain tracing can be combined to map criminal infrastructure, quantify victim losses, and support law enforcement referrals. The session also introduces Intelligence for Good's ScamBusters initiative, a scalable model for disrupting scam websites and flagging fraudulent crypto wallets before more victims are harmed.
Learning Objectives
- Identify common crypto investment scam infrastructure, including shared website templates, domain registration patterns, and social media promotion tactics, using publicly available OSINT tools such as URLScan.io and passive DNS platforms.
- Analyze blockchain transaction data to trace the flow of victim funds from scam deposit addresses through layering techniques to exchange cash-out points, and calculate total losses attributable to a scam network.
- Evaluate the effectiveness of a multi-stakeholder disruption model that combines OSINT discovery, crypto wallet flagging, domain takedowns, and law enforcement referrals to reduce victim losses from crypto investment fraud.
Location: Zoom address to be provided after registration.
Field of Study: Specialized Knowledge (Fraud-Related)
Prerequisites: None
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based
Cancelation Policy:
Full refunds are available anytime when requested prior to 3 days of the event. No refunds will be made for “No Shows” (a “No Show” is a person who registers for a program but who does not cancel registration or attend the program). A registered person may elect to transfer the registration to another person at any time. Cancellations can be made only by email at chapter@acfedc.org. Payments can be electronically made any time prior to the event start. Unfortunately, we are unable to accommodate "pay at the door" or payment by checks or cash.
Monitoring for Active Participation in Group Internet-Based Training
NASBA requires monitoring for active participation of attendees in group internet-based training to be NASBA CPE-eligible.
- Prior to the event, it is the responsibility of the attendee to acclimate with Zoom functionalities and verify their device has the appropriate Zoom version and configuration that will enable Zoom's polling feature. ACFE DC will not be responsible if the attendee's device or Zoom software is not generating Zoom's polling feature. For more information on Zoom or to request for Zoom support, visit https://www.zoom.com.
- Polling questions will be asked at irregular intervals and may be displayed for less than 60 seconds to comply with NASBA’s monitoring of active participation.
- Attendees must respond to polling questions to be eligible for CPEs. Partial CPEs may be granted based on responses to polling questions.
- Zoom handles must reconcile with the registration name of attendees.
Thank you for your understanding and participation so ACFE DC community members can continue to receive NASBA-eligible CPEs on ACFE DC group internet-based training.
The Association of Certified Fraud Examiners (ACFE) is the world's largest anti-fraud organization with nearly 85,000 members with the mission of reducing incidence of fraud and white-collar crime. The ACFE Washington Metropolitan Chapter aims to promote fraud detection and deterrence through educational training programs in the National Capital Region.
For additional information regarding Association of Certified Fraud Examiners (ACFE), please visit http://www.acfe.com.