Fraud Prevention Institute for Employee Benefit Plans—Session Details and Handouts

All session times listed are in Central Time.

Session handouts were available to registered attendees from Wednesday, July 14, 2021 through Thursday, August 19, 2021. Please contact if you have questions or need assistance.

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Monday, July 19

7:30 AM – 8:45 AM

01FA  Top Trends in Fraud

Kelly Richmond Pope, Ph.D., CPA Speaker
Surgent Professor of Accounting, School of Accountancy and Management Information Systems
DePaul University
Chicago, IL

Todd G. Helfrich Moderator
President and Chief Executive Officer
Eastern Contractors Association, Inc.
Albany, NY

Fraud impacts everyone, including the benefits industry. This session will look at the top trends in fraud in both the U.S. and Canada. This session will help you understand the difference between fraud, waste and abuse. Topics include:

  • What has happened with COVID-19?
  • Changes in health care/retirement (telehealth/virtual care)
  • Health care records and the cost
  • Legislation/regulation
  • Cybercrime, cryptocurrency, blockchain.

Self-report this session for 1 credit toward CEBS Compliance.

NASBA Subject Area: Specialized Knowledge*


9:00 AM – 10:15 AM

03FPI  Important Tools to Monitor for Fraud

Lawrence R. Beebe, CPA Co-Speaker
WithumSmith+Brown, PC
Bethesda, MD

Michael A. Ledbetter, CEBS Co-Speaker
Ledbetter Parisi LLC
Indianapolis, IN

Paul E. Flasch Moderator
Iron Workers Mid-America Pension Plan and SMA Fund
Lansing, IL

While fraud cannot always be avoided, there are certain approaches plan administrators can take to prevent and detect fraud. Topics include:

  • Big data
  • Data analytics
  • What your vendors bring to the table
  • Audits—Dependents/departed
  • Policies and procedures
  • Contract language.

Self-report this session for 1 credit toward CEBS Compliance.

(#8—Fiduciary Responsibility)

10:30 AM – 11:45 AM

04FPI  What to Do in Case of a Breach

Justin P. Webb, CIPP/US Speaker
Co-Chair, Data Privacy and Cybersecurity Practice Group and Chief Information Security Officer
Godfrey & Kahn s.c.
Milwaukee, WI

William J. Mahon Moderator
The MAHON Consulting Group LLC
Great Falls, VA

(U.S.-Specific Session)

What steps do you need to take when a data breach occurs at your organization? Topics include:

  • Roles and responsibilities
  • Notification requirements
  • Filing an insurance claim
  • Dealing with ransomware
  • What to do when a vendor is breached.

Self-report this session for 1 credit toward CEBS Compliance.

(#10—General Topics)

1:15 PM – 2:30 PM

02FPI  Strategic Planning for Fraud in Employee Benefit Plans

Christopher J. Rosetti, CFE, CFF, CPA Speaker
Chief Operating Officer
New York State Nurses Association, Pension Plan and Benefits Fund
Albany, NY

Paula D. Allphin Moderator
Plan Manager
BeneSys Inc.
Portland, OR

It is critical to be proactive rather than reactive when fraud occurs, and this can be challenging. So how do you tackle fraud? This session will review how to take a strategic approach to fraud, set goals and determine the most effective use of the limited resources available. Topics include:

  • Identifying risk
  • Maximizing ROI
  • Setting goals
  • Deterrence—Whistleblower and other policies
  • DOL guidance.

Self-report this session for 1 credit toward CEBS Compliance.

(#8—Fiduciary Responsibility)

2:45 PM – 4:00 PM

05FPI  Importance of Cyber Liability Insurance

Michael A. Ledbetter, CEBS Moderator
Ledbetter Parisi LLC
Indianapolis, IN

Shaun J. Irwin, CPCU, CWCA, RPLU Speaker
Vice President and Practice Group Leader
USI Insurance
Minneapolis, MN

(U.S.-Specific Session)

It is critical for organizations to have cyber liability insurance, which covers your liability for a data breach. Topics include:

  • Insurance options
  • Cost and coverage
  • Filing a claim
  • DOL guidance.

Self-report this session for 1 credit toward CEBS Compliance.