About the Author

Matthew R. Giese, CPA, CFE

Matthew R. Giese, CPA, CFE is a senior manager for Deloitte & Touche’s Forensic and Investigative Services Practice in Boston. He has seven years experience, including three years as a financial statement auditor and four as a forensic accountant. Giese has managed numerous financial investigations for both corporate and government clients dealing with procurement fraud, money laundering, earnings management, embezzlement, and violations of the Foreign Corrupt Practices Act.

Articles by Matthew R. Giese, CPA, CFE

Procurement Fraud: Buyer Beware

Retail Fraud

Procurement Fraud: Buyer Beware

There is arguably no area more susceptible to fraud than procurement. Why? The answer revolves around a disconnect between how organizations view internal buyers of their goods, versus how the marketplace views those same individuals.

If your organization is like most, buyers are valued employees, typically in line- or middle-management positions. However, the sesame