Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
"My Wall Street Heist" is an engaging documentary film by Garrick Apollon, a lawyer- filmmaker from CPE Studios. A CPE Studios original documentary, it is produced in association with the Association of Certified Fraud Examiners (ACFE). Immigrating from Jamaica to the United States as a young boy, Gary Foster’s dream was to work for a large financial institution. After completing his degree in accounting at Rutgers University and working hard, his dream came true. He even became one of the first Black vice-presidents at a major Wall Street bank in the early 2000s. So why then did he steal $22 million from his employer? It was one of the largest embezzlements on Wall Street. The fraud went on for a long time—over six years. Why was it not caught sooner, despite both internal and external audits?
You’ll learn how fraudsters exploit the element of trust in the workplace to facilitate their crimes. Through Foster's firsthand account, the documentary delves into the emotional drivers behind employee theft, underscoring the critical importance of implementing robust fraud prevention and detection controls. Beyond this, the film also underscores the significance of cultivating a corporate environment characterized by integrity, diversity, equity, and inclusion.
Gary Foster's tale serves as a poignant reminder of the potential consequences when these essential elements are overlooked, emphasizing the need for a holistic approach to safeguarding against unethical behaviors and illegal acts such as fraud. "My Wall Street Heist" is not merely a chronicle of white-collar crime; it's a narrative that prompts reflection on the broader implications of the importance of having a good corporate culture and its impact on individuals from diverse backgrounds. As the documentary unfolds, it prompts the audience to consider the ways in which fostering a culture of ethical conduct and inclusivity can be instrumental in preventing similar failures in the future.
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Key Takeaways
By the end of this course, participants should be able to:
- Analyze Corporate Culture and Its Impact on Fraud: Examine how corporate culture influences fraud risks, particularly stemming from perceptions of injustice or inequity.
- Explore Fraud Reduction through Transparency and Communication: Investigate how organizations can effectively reduce fraud by enhancing transparency, communication, and implementing "open door" policies.
- Evaluate Trust as an Internal Control: Assess the limitations of trust as a control measure, emphasizing the importance of adhering to procedures despite personal relationships or respect for involved individuals.
- Examine Auditor Selection and Preparedness: Understand the critical need for auditors to possess foundational knowledge of their audit area. Analyze how a lack of preparedness can make auditors vulnerable to fraud schemes.
Who Will Benefit
- CPAs
- Auditors
- Forensic accountants
- Finance professionals
- Managers
- Lawyers
- Employees responsible for anti-fraud controls
- Employees responsible for fraud investigation
How to Access the Course
This is an online session. This course is available 24 hours a day, 7 days a week. Once registered, you can access the material at any time.
However, you will only have access to the course for 90 days after REGISTRATION.
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To access the course on your computer please visit our BlackBoard site, and log-in using the same login and password used for the Registration Portal.
Please allow up to 15 minutes after registration for the course to appear on your BlackBoard page.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Gary Foster is a former banker and anti-fraud trainer. He was found guilty of bank fraud involving a $22M embezzlement during his tenure as an executive at Citigroup, marking one of the largest embezzlements in Wall Street history. He now provides training and insights aimed at assisting auditors, compliance and anti-fraud professionals, business leaders, and others in combating fraud. Gary, who attended Rutgers University and majored in accounting, worked for Citigroup Corporate Treasury for over 12 years. Through his unique lived experience, he believes he has identified vulnerabilities within corporate America and pinpointed the inadequacies of auditing processes.
John Gill is the President of the Association of Certified Fraud Examiners (ACFE). He also serves as an advisory member to the ACFE Board of Regents.Gill began his career at the ACFE in 1995 as its first general counsel. He then created, and was the first director of, the ACFE’s research and publications department. He most recently served as Chief Training Officer where he oversaw all of the ACFE’s training activities. In 2006, he developed the CFE Exam Review Course, which he has taught on six continents. He has also conducted training for Fortune 50 companies; federal, state, and local government agencies; and professional organizations across the globe.
Garrick Apollon, LLB, JD, LLM, LLCM, CFE is a lawyer-filmmaker and owner of CPE Studios, a company specializing in the production of documentary films for continuing professional development (CPD) for legal and accounting professionals. An alumnus of the University of Pennsylvania Carey Law School (Penn Law), Garrick was trained in visual legal advocacy Penn Program on Documentaries & the Law. Garrick has almost 20 years of experience as a corporate lawyer with a focus on training and professional development. Garrick has taught and trained thousands of university students and professionals in Canada and internationally. A part-time professor at the University of Ottawa’s Telfer School of Management since 2005, Garrick teaches Corporate Governance and Ethics at the Executive MBA program, among other subjects.
Dr. Aida Sijamic Wahid, Associate Professor of Accounting, Rotman School of Management at the University of Toronto, joined the University of Toronto as an Assistant Professor of Accounting in 2012 after completing her DBA from Harvard Business School. She also earned a bachelor’s degree in economics from Brandeis University in 2001, and a master’s degree in international economics & Finance from Brandeis University, Brandeis International Business School, in 2002. Aida has held an active Certified Public Accountant (CPA) license in the state of Massachusetts since 2005. Prior to academia, Aida was an Experienced Senior Associate at PricewaterhouseCoopers.
Bethmara Kessler, CFE, is a highly sought-after speaker and instructor who engages and inspires global audiences to think differently about their work. She is the former Head of Integrated Global Services for the Campbell Soup Company. Bethmara’s career spans over 30 years in positions that include Chief Compliance Officer, Chief Audit Executive and Enterprise Risk Management Head. Her extensive experience also includes leadership roles in audit, risk management, information technology and corporate investigations in companies including EY, Avon Products, Nabisco, EMI Group, L Brands, The Fraud and Risk Advisory Group and Warner Music Group. Kessler also served as the Chair of the Board of Regents for the Association of Certified Fraud Examiners.