Speaking Engagements

Edward Nagel, Principal of nagel + associates inc., will presenting a seminar for the Association of Certified Fraud Examiners (ACFE) Toronto Chapter entitled: “Fraud and Corruption in the Construction Industry”

The construction industry has been no stranger to front-page headlines revealing significant fraud and corruption allegations. Even before the foundation is poured and throughout the construction process, there are inherent fraud risks present that could lead to wrongdoing. Most large construction projects are tendered in order to obtain the lowest, fair market price and to promote transparency in the process. However, from the pre-tendering phase through to invoicing and payment for work conducted, there are several opportunities for fraud to occur. Citing real-life cases, this session will provide participants with a high-level overview of the various ways that fraud can occur in the construction process, including a discussion of the indicators or “red flags” of fraud to watch out for.