Webinar 27/2021: Corporate economic crime

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Webinar 27/2021: Corporate economic crime
Date: 
22 April 2021
Time: 
10:00 - 11:30 CEST
Organiser: 
CEPOL
Description: 

The overall objective of this webinar is to raise attention on fraudulent schemes committed by directors, employees, agents or subsidiaries of companies/corporate bodies. The training event will demonstrate contemporary corporate crime patterns in the EU furthermore Irish police experts from the Office of the Director of Corporate Enforcement will share their experience on effective enforcement practices. Ireland is hosting the European or global headquarters of several multinational corporations including US tech giants therefore the Irish experience is particularly relevant in this field.

Corporate fraud is as old as civilisation itself, however the complexity and the exponential interlinkage of global economy makes the world more vulnerable to fraudster schemes than ever. Corporate crime may occur on many levels. Global scale frauds causing multi-billion euro damages naturally receive huge public and political attention and can destabilise the whole economic and political system (e.g. Enron, Parmalat, Arthur Andersen recently or historically the Mississippi company). Fraudsters at international / national level target company assets, EU funds, public procurements and cause significant – often multi-million euro – direct financial damage to hundreds, thousands of victims. These large-scale fraud schemes also cause remarkable indirect damage by undermining fair market competition and shaking the public trust in the corporate world and state policies. Smaller scale frauds might not have that overall effect but still impoverish and bankrupt decent citizens depriving them from their life-savings.

Corporate crime is typically well-organised, multifaceted, white-collar and cross-border phenomenon with strong links with international money laundering. Investigation of insider trade, investment fraud, manipulation of stock market, embezzlement of funds, misrepresentation of data require complex skill-set from law enforcement and cooperation with specialised expert witnesses. Hopefully, this training event will contribute to the knowledge building and the formulation of a formal/informal EU network that can enhance EU wide intelligence sharing and enforcement in this critical field.

Target Audience: 

Law enforcement officers specialised on economic crime, financial crime, financial intelligence, tax and other fraud schemes. Officials working for police, customs, judiciary, FIU and tax administrations are all welcome.

Registration:

Registration for this webinar is now open for law enforcement officials on CEPOL's new eLearning platform LEEd. REGISTER HERE.


Type: 
Location: 
Online

Contact

Office address

European Union Agency for Law Enforcement Training
1066 Budapest
Ó utca 27
Hungary

Correspondence address

European Union Agency for Law Enforcement Training
1903 Budapest
Pf.314
Hungary

Email address

Telephone: +36 1 803 8030/8031

Fax: +36 1 803 8032

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