How much fraud makes its mark on the business environment in Romania; how to prevent occupational fraud committed by its own employees; what is on the mind of a professional fraudster, but also what an undercover investigation means; these are the main topics that will be analysed by professionals, within FRAUD SUMMIT by SPIA, the first event dedicated to combating corporate fraud in Romania.

SPIA Romania, the leader of new generations of private investigators, together with act Botezatu Estrade Partners, organizes in Bucharest, on May 27, the first edition of FRAUD SUMMIT by SPIA, in order to raise awareness about the imminent risk and effects of fraud in the business environment, but also to make known solutions that help not only to prevent and limit the phenomenon, but also to reduce the financial losses of companies.

“Fraud is a phenomenon that affects everyone’s lives, it is not something that happens only to others or only to the rich. It is part of everyday reality, even if we do not talk about it and, unfortunately, statistics show that it is a phenomenon on an upward trend. A dedicated study, conducted by PwC, shows that in the last 2 years, one in two companies has faced the phenomenon of fraud, the second highest level in the last 20 years. One of the causes is precisely the problem of keeping silent about the phenomenon, and we intend to take the first step for change. As the leader of the new generation of investigators, we intend to remove the negative perception by talking openly about fraud – from prevention to destruction. Through a joint awareness effort, we will be able to better protect the interests of the company and its stakeholders,” said Marius Porceanu, CEO and founder of SPIA Romania.

At the first anti-fraud Summit organized in Romania, top representatives of industries and companies that have managed to limit the phenomenon of fraud, but also specialists in prevention, identification and destruction of illicit groups, together with representatives of authorities and associations will discuss openly energy and insurance fraud, corporate fraud, and cybersecurity – the most exposed economic sectors. An undercover investigator will present, under the protection of anonymity, a case study, and a negotiation psychologist from IGPR will explain the psychological mechanisms that turn an employee or manager into a fraudster, but also the implications of a fraudster in the company or the effects on the organization, following a fraud. Blockchain technology and the risks of cryptocurrency fraud will also be discussed at the summit in Bucharest.