Conceptualised &

Organised By

Focusing on business expansion organizations tend to ignore glaring red flags as a one off, the duplicity
multiples and blows a huge hole in the companys reputation and bottom-line when its true nature is
discovered. The fact that powerful people could be jailed and denied bail is a paradigm shift in Indian
consciousness.

Working environment, process and strategy while dealing with suspected or confirmed incident cases of
fraud need to evolve and keep pace with increasing sophisticated methods and modus operandi of
modern day fraudsters.

With cases of fraud some topping the media headlines, it makes more sense to be ready with a plan
a strategy which can swing into action immediately without resorting to a knee jerk reaction, being
prepared for any far reaching eventualities.

Critical reaction timing and hence pre planning are decisive in fraud investigation. How do we bring
about a sea change in thinking process, awareness and sensitization of fraud risk management and the
investigation process? This comprehensive and experiential sharing forum with experts in fraud
investigation and control will converse on:-

Best practices in fraud investigation framework
What are the key elements involved in Internal and external communication strategy during a fraud
investigation to safeguard reputation without compromising the process
Structuring a fraud response and investigative team with skill sets that enable efficient and timely
conduct of investigations
How to minimize damage while conducting internal investigation
Collecting evidence which can stand scrutiny in a court of law
Structuring relationships with external investigators







25-26 August
The Taj Palace Hotel
New Delhi



Glimpses of Fraud Investigation and Control
Summit - Mumbai Edition
Series Partner


Supporting Partner

Knowledge Partner


Media Partners

Silver Partner






Copyright ITP Publishing India Pvt. Ltd. Any reproduction in part or full is prohibited without permission from ITP Publishing India Pvt. Ltd.




















































08.30 Registration

09.15 Opening remarks

09.30 KEY NOTE PANEL:
Redefining the thought environment for managing fraud risk,
fraud control and fraud investigation practices

Thought shifts from fraud cannot happen to us to a more proactive
approach to fraud is redefining approaches from management and
board, especially since that influential and top executives could be
jailed and denied bail is a paradigm shift in our system

This discussion deals with how organizations can better prepare for
fraud risk management and investigations

Establishing link between tone at the top and fraud risk
management
Why not to look the other way when company benefits from
employee fraud or mis-conduct? Implications for board members
and top management
How can management and board members be prepared for an
internal and external fraud investigation?
Defining fraud Investigation framework that will work for your
organization
Role and response of board in respect to allegations of fraud or
corruption by senior management
Tracking and case management systems for fraud allegations
Integrating Fraud, Audit, Risk Management & Assurance to
provide better service to management.

Session Speakers

Sunil Kumar Kohli , JS&FA, NDMA,
Ministry of Home Affairs, New Delhi

Anil Kumar, Executive Director,
DB Corp Ltd

Ajay Kumar Dhir, Executive Director and Group CIO
Lanco Infratech Limited

11.00 Networking and refreshment break

11.30 Whistleblower Policies: key steps in moving them from paper
to ones which help in fraud control and understanding why
people do not report.

Anonymous Reporting: Should it be permitted or not?
Ethics Helpline: Advantages of a neutral platform
How should reports received be processed?
Case study: Experiences from Reports received in an Ethics helpline

M Damodaran, Chairman, Advisory Board, CWI
Former SEBI Chairman

12.15 Fraud Investigation Framework

Speed is of essence while when a potential fraud is suspected or
discovered. This discussion offer a collective insight into constituents
of a good fraud investigation framework
Fraud Risk Assessment and its role in developing your investigation
framework
Defining strategic objectives of your investigation
Fraud response plan or fraud investigation plan?
Conducting the investigation
Critical reaction time - 24-48 hours which make a difference in
your investigation
Defining the moment when you start involving law enforcement
What constitutes a 'successful' investigation framework?

Case Analysis:

Investigation Frameworks across industry sectors

Gaganpreet S Puri, Executive Director,
KPMG Forensic Services

13.00 Networking Lunch


14.00 Interactive Discussion: Best practices in setting up and
managing a fraud investigation and forensic team

Introspection: Defining the fraud investigation and control
function in business environment

Overcoming challenges for an investigation function
Key direction for running responsible investigations
Minimizing damage while carrying out investigations

Investigation and control team management

Developing in-house expertise and controls for fraud control and
investigation
Defining scope and responsibilities in a team led approach for
conducting internal investigations and control
Minimizing confusion in leading investigations and develop a
streamlined process defining each members role and
responsibility?
How do you identify and fill critical skill gap?
Overcoming common challenges in a team based investigative
approach
Effective Training of existing staff and sensitization of anti-fraud
policies

Insights: Collaboration

Collaborative approaches in internal investigations
Involving Internal audit, HR, Legal, IT, Corporate communication in
a collaborative team for effective fraud investigations
Key learnings and case studies from team based fraud
investigations

Future Outlook: Evolving the Fraud investigation and control
function

Evolving the role of the investigation function within the
organization
Investigators performance management - why is it necessary?
Future trends in FCU
How do you strategize fraud control team as a business partner
and revenue enabler?

Case Analysis:

Experience sharing on team initialization and management
Investigative and sensitization techniques
Sector specific case analysis

Panel Members:

Vaibhav Agashe,
Head - Corporate Investigative Services,
Alcatel-Lucent

Gaurav Ajmani,
Investigations Senior Manager, Financial Integrity Unit,
Microsoft Corporation (India) Pvt. Ltd.

Shishir Bhattatiripad,
Regional Head Fraud & Risk
Standard Chartered Bank

Sanjay Sharma,
Regional Head Fraud Risk - GR
HSBC Technology and Services Service Delivery

Pravendra Shah, Zonal Head (North) -Risk Containment Unit,
ICICI Bank

16.00

Networking and refreshment break
16.30 Electronic Payment Channels Fraud Risk Challenges and
control measures

Growth of Electronic Payment Channels.
Overview of the risks associated with various payment channels
Domestic Experience
Global Experience
Fraud Risk Management Strategies & Controls

Ramesh Krishnamoorthy, Head Risk Control Unit
Prizm Payment Services Pvt. Ltd.

17.15 Summation of learnings of day one



Conference Day One: Thursday 25
th
August 2011













Copyright ITP Publishing India Pvt. Ltd. Any reproduction in part or full is prohibited without permission from ITP Publishing India Pvt. Ltd.














































08.30 Registration

09.30 Opening remarks

09.45

Investigation of corruption schemes, bribes and kickbacks

Tools for investigating bribery and kickbacks?
Understanding specific challenges and formulating a proactive
strategy for controlling bribes, corruption schemes and kickbacks
Conflict of interests
Foreign Corrupt Practices Act (FCPA)
How do you overcome key challenges while conducting
investigation indicating involvement of senior management?
How do you gain support from your superiors while investigating
corruption schemes, bribes and kickbacks?
Investigating Illegal payments channels and sources of illegitimate
payments?
Understanding the legal framework which supports your
investigations?

Case Analysis:

Experience sharing on examples of investigations carried out on
corruption schemes, bribes and kickbacks

Anupama Jha, Executive Director
Transparency International India

10.30 Networking and refreshment break

11.00 Digital Forensics and Investigation

Government & Enterprises are increasingly becoming dependent on
IT, internet and telecommunication (Technology) to efficiently run,
manage and grow. At the same time the need to keep the enterprise
information, data and networks safe and secure from intrusions and
frauds from internal as well external perpetrators is growing hastily
due to extensive use of technology and growing specialized
computer skills amongst individuals.

This session will explain Digital Forensics and its application to
identify, prevent, detect, investigate and report frauds and digital
crimes and how investigators are able to gather, reconstruct, process,
interpret and use digital evidence from Digital artifacts such as a
information systems, computers, networks, storage devices, smart
phones etc. to provide a conclusive description of frauds and
establish credible audit trails of electronic wrongdoing while
maintaining chain of custody suitable for inclusion in investigation in
conjunction with law enforcement

Alok Gupta, Founder & Managing Director
Pyramid Cyber Security & Forensic (P) Ltd


12.00 Experiential Session: Profiling a fraudster

Who can be considered to be a typical fraudster?
Where is the impulse to commit fraud?
Job Functionality and specialization of a typical fraudster
Work environment red flags
Behavioral red flags displayed by fraudsters
Discussion: Evolving nature and of the human element of the
fraudster
Duplicity Evaluating the proactive process for identifying
fraudsters?

Suveer Khanna, Associate Director,
KPMG Forensic Services

13.00 Networking Lunch


14.00 Embedding Fraud Management within Enterprise risk
framework and Preventive controls to mitigate fraud
especially in a BPO environment


Srikant Balan, Head Risk Management
Infosys BPO

14.45 Internal and external communication during fraud
investigations for managing your reputation

Communications plays a vital role in a fraud Investigation and
sounding seemingly simple is critical and complicated as the needs is
to calm down tensions arising from unseen consequences of fraud. It
makes sense to have a ready communication plan in place, with
responsibilities worked out rather than searching for answers and
communication strategy when your company is under a scanner
especially if under media scanner! This session explores and discusses
best practices in communicating to board, stakeholders and media
without compromising your investigations

Amit Chaudhery,
Associate Executive Director & Head-Group Corporate
Communications,
Dalmia Bharat Enterprises

15.30 Networking and refreshment break

16.00 Legal Issues for Fraud Investigations

To investigate or audit for fraud, it is critical for investigator to have
holistic view an all legal elements of fraud including, intent, direct
and indirect proof, and the legal rights of the accused and accuser.

Evidence that stands scrutiny in a court of law

What constitutes legal evidence?
Evidence collection techniques during fraud investigations what
are common mistakes to avoid which can compromise your end
result?
Legally acceptable evidence presentation
Development of exhibits for use in courts
Testifying in courts

Discussion: Assessing Legal options

When and why should you go ahead with legal proceeding?
Fiduciary obligations and responsibility to pursue legal action for
recovery of assets
Are organizations liable for actions by third party in case of non
pursuit of legal options?
Legal options during cases of cross border frauds?
Assessing what is your real RoI on pursuing legal actions based on
evidence at hand, legal counsel fees and time spent in court?
What are the options available?

Case Analysis:

Examples of legal judgments in fraud cases

Neeraj Aarora,
Cyber Lawyer

Neil Hildreth,
Economic Laws Practice

17.00 End of conference

Conference Day Two: Friday 26
th
2011