The Houston ACFE invites you to join us for our Monthly virtual training! It's the last Tuesday of each month, so mark your recurring calendars!
Speaker: Bryan A. Finley, CPA, CFE,
Principal, Janik Forensics PC
Title: Forensic Case Profile of FTX and Sam Bankman-Fried
Description: In November 2023, Sam Bankman-Fried was found guilty of stealing billions of dollars from accounts belonging to customers of his once-high-flying crypto exchange FTX. He was also found guilty of defrauding lenders to FTX’s sister company, the hedge fund Alameda Research, which held FTX customer funds in a bank account. FTX, founded and led by Sam Bankman-Fried, was once one of the most trusted names in crypto. He was convicted in The trial has been closely watched by regulators, investors and the crypto community for signs of a potential larger crackdown on the largely unregulated crypto market.
The verdict comes a year after FTX entered a death spiral that fueled a panic in the trillion-dollar crypto industry and left an estimated 1 million customers facing potential losses. Prior to its collapse, the exchange attracted millions of users and a coterie of A-list backers. FTX, founded by Bankman-Fried in 2019, billed itself as a safe and easy way to start trading cryptocurrencies.
The presentation will discuss the FTX Cryptocurrency Ponzi scheme that was perpetrated by Sam Bankman-Fried and others. During the presentation, attendees will also be informed of recent events regarding the fraud case.
Bio: Bryan A. Finley provides expert advice and services related to accounting and financial aspects of complex legal disputes, claims, investigations, regulatory matters, fraud detection, and asset recovery. Bryan has over thirty years of international experience in forensic accounting, fraud auditing and expert witness services. Bryan is a board member of the Dallas Chapter of the Association of Certified Fraud Examiners
Learning Objectives:
- Learn about the creation, rise, and bankruptcy of the cryptocurrency exchange FTX
- Understand the alleged frauds perpetrated by Bankman-Fried and associates
- Recognize red flags and lessons learned related to the alleged frauds
- Discuss risks for consumers considering investments in cryptocurrencies
Prerequisites: Not Applicable
Field of Study: Specialized Knowledge
Who Should Attend: Anti-fraud professionals, Auditors, Accountants, Attorneys, Investigators, Law Enforcement, Educators, Students
Advanced Preparation: None
Program Level: Basic
Agenda:
11:50 am ZOOM OPENS
11:55 am - ACFE BOARD REMARKS AND INTRODUCTION
12:00 - 1:00 PRESENTATION BEGINS
Recommended CPE hours: 1.0 credits
Event Policies
In order to receive CPE credit for this presentation, the attendee must attend for 50 minutes and answer three poll questions randomly presented during the event.
Program Cancellation Policy
If you have registered and/or paid for an event and you need to cancel, you MUST cancel online through your account no later than 5 days prior to the event, unless otherwise indicated in specific event policies, to request a refund and/or cancel your registration. The Chapter must confirm event registrations with the venue prior to the event and any changes after this time period can become a financial cost to the Chapter. The Chapter reserves the right to make the final determination on what percentage charge/refund will be returned for cancellations made after the cutoff. The default condition is that cancellations made after cutoff will be charged at 100% and/or no refunds will be allowed. In the event the Chapter determines that partial charges or refunds will be allowed, they will be made on a case by case basis.
In the event of having to cancel one of the events, the Chapter would immediately send an email blast to all registrants with the emails they used for registration. The Chapter media relations officer would post on all social media platforms notifying members of the cancellation, and the Chapter webmaster would also post cancellation on the Chapter website.
In the event an attendee does not show up to the event, the registration cost will be forfeited. If payment at the door was the selected method, then the attendee will be billed for the full cost of the event. The Chapter reserves the right to bar future registrations for any attendees who routinely register and fail to pay and/or attend the event. If you have any questions you may email events@houstonacfe.org."
For more information regarding refund, complaint and/or program cancellation policies, please visit the Terms & Conditions section of the website, or email us at events@houstonacfe.org.
Additional Information:
Delivery Method: Group Internet Based
NASBA Sponsor No. 125230
The Houston Area Chapter of the Association of Certified Fraud Examiners is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org
For concerns regarding course offerings, certifications or complaints, please contact Sasha Gartman, Training Director, Houston ACFE at events@houstonacfe.org.
