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| Averett Warmus Durkee (AWD) Sponsors “Mystery of Fraud” | Central Florida CPA firm is a major sponsor of an educational event about fraud prevention to be held at the Orlando Art Museum the morning of April 30, 2015. || |  When
he was 21, Raymond Kevin Cross managed to embezzle more than $300,000 from
Broward County`s largest law enforcement agency. While in prison, Cross
experienced a spiritual transformation and committed his life to using
his experience to teach others.
“Everyone knows there’s a difference between fraud and negligence, but it’s not always easy to catch fraudulent behavior early enough,” says Durkee. “We believe Kevin will keep the audience on their toes in this highly interactive presentation as he takes you through the steps of solving an actual fraud mystery case.” “Averett Warmus Durkee CPAs is joined by PNC Bank, CFO Strategic Partners and Bishop Beale Real Estate Advisory as sponsors of this event,” adds Combs. “We believe those responsible for the fiscal management of timeshare resorts will want to take what they learn from this and examine their own businesses. The Association of Certified Fraud Examiners (ACFE) 2014 Global Fraud Study found that the typical organization loses 5 percent of its revenues to fraud each year and the frauds reported lasted a median of 18 months before being detected! Fraud is much more prevalent than one might think.” The ACFE study also reported that most occupational fraudsters are first-time offenders with clean employment histories and in 92 percent of cases, there had been at least one red flag of fraud that could have been identified. Furthermore, in 64 percent of cases, the fraudster displayed two or more behavioral red flags. About Averett Warmus Durkee,
CPAs
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