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Lynn Fountain, CPA, CGMA, CRMA, MBA, Consultant, Author, Trainer
Former Chief Audit Executive for two global companies, expert in SOX, COSO, ERM and corporate governance frameworks. Nationally recognized trainer, speaker published author.
This instructor has 166 courses »To Access This Course:
The rapid onset of the COVID-19 pandemic has created havoc in all aspects of our business and personal lives. To make matters worse, the virus itself isn’t the only element invading our lives. Fraudsters have found a whole new avenue to perpetrate schemes and scams.
From January 1, 2020 through April 15, 2020, the FTC received 18,235 reports related to COVID-19, and people reported losing $13.4M to fraud. The top complaint categories relate to travel and vacations, online shopping and bogus text messages.
Fraud related to COVID-19 is occurring in multiple types of schemes and scams including:
- Medical testing, vaccines and medical equipment
- Travel and vacations
- Online shopping
- Internet Services
- Contact tracing
- The CARES Act and the Payroll Protection Program
These are just a few of the most prominent schemes that have arisen. During this session, we will delve into the intricacies of the COVID-19 pandemic and how it is impacting the world of fraud.
Learning Objectives
- Explore types of COVID-19 medical testing schemes.
- Identify and evaluate current FTC Statistics on COVID related fraud.
- Recognize and examine FBI Fraud Warnings related to COVID related schemes.
- Discover and examine fraud that will occur with the CARES Act and Payroll Protection Program.
- Identify tips for preventing and mitigating fraud
Last updated/reviewed: November 7, 2020
15 Reviews (47 ratings)Reviews
Anonymous
(Senior Auditor)
Good overall course that is very timely; all good things to keep in mind during the COVID-era
Rene Anglo
(Administrative Clerk at EBMUD)
As someone who has been the target of identity theft, I'm always vigilant of the types of electronic and telephone communications that seek to defraud individuals, as I have received a large volume of phishing scams, robocalls, and extortion emails. I highly recommend this course that focuses on the different types of fraud amidst the COVID-19 pandemic. Scammers and other predatory entities are seeking to take advantage of people during this challenging time, and we as employees, employers, and consumers must be armed with knowledge to avoid getting swindled.
Anonymous
(SFA)
One of the most recent courses from Lynn. Very informative and with good listing of potential fraud activities and how to mitigate them. Great timing for this course and one of the largest power point presentation.
Anonymous
(Deputy IG)
Outstanding course. I especially benefitted from the coverage on possible Program Protection Program fraud. Ms. Fountain expertly detailed the potential shortfalls with the implementation of this program.
Lorelle Fritsch
(Sr. Manager, Finance at World Kinect Energy Services)
The information presented was comprehensive. The list of government agencies involved in identifying and fighting against the different types of fraud was somewhat surprising.
Anonymous
(Program Analyst Auditor)
Great overview of the COVID crisis. It definitely gets you thinking about how much this pandemic may impact fraud with in our organizations.
Anonymous
(--)
Appreciate the fact the topic is relevant to the situation at hand. Presenter was engaging and material covered was intriguing and concise.
Anonymous
(Manager - Compliance and Risk Management)
This course is super relevant and a good refresher since I took it during the pandemic. Thank you for taking the time to share these tips.
Anonymous
(CPA)
Interesting course, good slides, and presentation. Lynn is easy to listen to and personalize the data to make it more understandable.
Marina Bisker
(Manager at Self Employed)
All very valid and good points raised, relevant exam questions were made as well and good reference back to the slides.
Anonymous
(-)
Very relevant course, learned a lot and found the course full of helpful detail and new information
Anonymous
(Controller)
Great overview of the many areas of potential fraud. Covers a wide range of topics.
Anonymous
()
Great course of fraud in the world of covid - 19 which added value to me
Anonymous
()
Good course ID ing new opportunities to commit fraud. Well presented.
Robert Godfrey
(CPA at Robert Godfrey, CPA)
Thank you for the great overview and upbeat presentation!
Prerequisites
Course Complexity: Intermediate
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .