Join us for an engaging presentation by Nathan Mueller about a real-life example of an $8.5 million fraud. Nathan discusses the lessons that can be learned from his fraud about the importance of accounting controls, segregation of duties, system controls, processing controls, physical safeguards, and controls in a time of change. Nathan also defines the fraud triangle using his specific case as an example. This is an all-inclusive story including the fraud, everything leading up to it and the personal and professional consequences to Nathan and everyone in his life.
About Nathan:
Nathan holds a B.A. in Accounting from Gustavus Adolphus College and was a licensed CPA from 2002-2010. He has over 13 years of public accounting experience and 15 years of corporate accounting experience with a focus on financial reporting, cash processing, tax, and accounting controls.
After the reinsurance company Nathan worked for was purchased by ING for $6 billion, he played a key role in transitioning its operations onto ING’s enterprise resource planning system. Enabled by lax controls and unchecked authority to distribute funds, Nathan began embezzling money to pay off personal debt. What started as a $1,100 check to a credit card, spiraled into an $8.5 million fraud over the next four years. It was only a co-worker’s suspicions that brought the fraud to an end. After being caught, he pleaded guilty and was sentenced to 97 months in federal prison. He was released in September of 2014.
While serving his sentence, Nathan delivered over 60 speeches to a broad spectrum of groups & organizations including college classes, businesses, business organizations and non-profits. Since his release from prison in 2014 he has become a sought-after speaker for Fraud and Ethics presentations for diverse and notable organizations across the United States. His most noteworthy presentation to date was the keynote speech at the ACFE Global Fraud Conference 2015 in Baltimore with upwards of 3,000 attendees. Nathan has spoken for several governmental agencies including the FBI, the FDIC, the FFIEC and the Federal Reserve Bank. Nathan has done fraud awareness presentations for Best Buy, General Mills, and Nationwide Insurance to name a few. He also speaks frequently for many organizations including the IIA, ACFE, IMA, HFMA, IASA, ISACA, ACAMS and state CPA societies.
Speaking and training are not the only avenues Nathan has pursued to bring fraud and ethics awareness to all industries. He also co-authored "Lessons From An $8 Million Fraud" in the Journal of Accountancy which won the prestigious Lawler Award as the article of the year for 2015.
IMA Member Registration: $80
Non-Member Registration: $90