See detailed information below on how to detect and prove contract and procurement fraud, including thru application of automated fraud detection techniques. All of the materials are drawn from the Guide and are based on actual cases.
Background: The most common and costly contract and procurement fraud schemes and indicators
Corruption: bribes and kickbacks, conflicts of interest
Bid rigging: change order abuse, excluding qualified bidders, rigged specifications, etc.
Collusive bidding: cartel activities and collusive bidding by contractors
Fraud: failure to meet contract specs, product substitution, phantom vendors, etc
Primary detection methods
Complaints and whistleblower reports
Proactive fraud detection algorithms; “SPQQD” indicators for corruption
Automated procurement fraud detection systems, “Integrity Filters”
“Due diligence” background checks on firms and individuals
Investigative steps, skills and strategies
How to conduct a complex corruption and fraud investigation
The elements of proof for sanctionable offenses
The basics of evidence for fraud and corruption investigators
See a simulated contract and procurement fraud case study