Fraud Prevention

Fraud is defined as "the intentional, false representation or concealment of a material fact for the purpose of inducing another to act upon it to his or her injury" (Board Policy 350.1).

Steps to take to report fraud

  1. Talk to your immediate supervisor and discuss your concerns.
  2. Report the activity to the Director of Financial & Management Analysis, ADMN 305, 575-5553 or
  3. Call the confidential fraud hotline at 1-866-252-9838.

Case-in-Point:  Lessons for the Proactive Manager Newsletter:

The monthly Case-in-Point (CIP) newsletter was first developed by Auburn University’s Office of Audit, Compliance & Privacy as a conversation starter solely within the Auburn University community with the goal of improving how risks were managed at that individual institution.   Since then, the newsletter has expanded out beyond the Auburn University community to become a widespread resource to thousands of national and international higher education stakeholders.  With every issue the CIP newsletter highlights the news events occurring throughout higher education in order to help develop risk-intelligent institutions.

Auburn University’s Office of Audit, Compliance & Privacy publishes the CIP newsletter the last business day of each month.  You can view our updated link to the CIP newsletter here each month or add yourself to the CIP’s distribution list at Auburn University's Case In Point Newsletter.  Also, feel free to invite colleagues who may be interested to also look at the CIP newletter – it is an extremely valuable learning tool for everyone in higher education.

Volume 11, No. 01 January 2019 Case in Point Newsletter

Volume 11, No. 02 February 2019 Case in Point Newsletter

Volume 11, No. 03 March 2019 Case in Point Newletter

Volume 11, No. 04 April 2019 Case in Point Newsletter

Volume 11, No. 05 May 2019 Case in Point Newsletter

2018 ACFE Report to the Nations:

The 2018 Report to the Nations, produced by the Association of Certified Fraud Examiners, is a comprehensive and widely quoted source of occupational fraud data in the world which reports on how occupational fraud is committed, how it is detected, who commits it, and how organizations can protect themselves from it. 

Some of the findings from the 2018 Report to the Nations include:

  • Education’s medial loss due to occupation fraud was $68,000
  • Corruption is the most common occupational fraud scheme related to education
  • Highest percentage of occupational fraud cases are by those with 1-5 years tenure
  • Highest percentage of occupational fraud cases are perpetrated by males
  • The biggest behavioral red flag displayed by fraud perpetrators was living beyond their means

Learn more about these and other findings from the 2018 ACFE Report to the Nations.

Resources

Important Information

If you have information concerning the misappropriation of University assets, or suspect fraud, theft, or misuse of University funds, please call 575-5553 for a confidential discussion of your concerns.