Fraud and Corruption: Cases and Materials

This book discusses and analyses fraud and corruption cases from many industries including construction, finance, pharmaceutical, transport, retail, medical, health, communication, education and military.

The book is divided into two sections. The first part presents case studies that cover several industry sectors, including not only well-known frauds like Bernie Madoff, Wells Fargo and the Enron case, but also recent events such as the Theranos/Elisabeth Holmes case.

The second section of the book includes materials on fraud and corruption such as the full text of the United Nations Convention Against Corruption, the OECD Convention on Combating Bribery of Foreign Public Officials in International Business, and the EIB’s Anti-Fraud Policy and Whistleblowing Policy. It also includes examples about current corporate anti-corruption policies from companies like Apple, Tesla and Coca Cola. For interested readers, the book offers additionally a list of films that realistically cover the topics fraud, corruption and whistleblowing.

Duncan Smith is the Deputy Head of Fraud Investigations at the European Investment Bank (EIB) in Luxembourg. He isresponsible for policy, outreach and training. He has undertaken many investigations and resolved numerous high-profile cases. Duncan previously worked in a similar role at the World Bank Investigations Unit in Washington DC (USA) and has been a member of the Secretariat of the Conference for International Investigators from 2001 to 2017. He is a qualified barrister and prior to his international career, he worked in London at the DTI and Serious Fraud Office.

Duncan has written a number of recent articles for FCPA Blog and the Basel Institute on Governance and contributes to EIB Investigations’ annual Activity Report (published on EIB’s website). He has given presentations to many different audiences including students, practitioners and others at the Sorbonne and Cambridge Universities, ECB, OECD, American & International Bar Associations, the Institute of Advanced Legal Studies and various conferences.