IAFCI Nashville: Unplugging Fraud, One Connection at a Time

What’s up fraud fighters, and welcome back to Fraud Forward!

This episode is recorded live and unplugged on the conference floor at IAFCI International in Nashville. I couldn’t fit everything I loved into one tidy gathering. Instead I’m bringing you the open floor conversations that, for me, are helping to unravel fraud and are weaving together fraud fighters.

The headliner here is Michael Perez, the first ever fraudster turned fraud fighter to appear on Fraud Forward. What happened in his story is what you’ll want to hear the most. Federal agents recognized he was more valuable teaching fraud prevention than sitting on the sidelines. Beyond Michael’s story is a walk around the conference floor with a retired FBI cyber crime agent turned author, a Postal Inspector on leveraging relationships, an NYPD detective on dismantling large scale fraud schemes tied to money laundering, and two South Carolina Department of Corrections investigators on the sophisticated financial crime investigations happening behind bars.

What you’ll hear in this episode:Michael Perez's full story on how his card skimming operation worked, what led to his arrest, and how he's since built tools that help detect the exact fraud he used to commit.A retired FBI cyber crime agent's take on why nearly 90% of the financial fraud he investigated could have been prevented, and the cybersecurity training mindset he now teaches.How a Postal Inspector's small agency structure makes relationship-building and fraud conference collaboration a survival skill, not a nice-to-have.An NYPD detective's approach to dismantling large scale fraud schemes and money laundering investigation targets, plus a real elder fraud wellness check made possible entirely through IAFCI chapter connections.What South Carolina prison investigators are finding through prison financial crime investigations on contraband cell phones, including AI enabled fraud like deepfake documents and videos, plus peer-to-peer payment fraud tied to inmate financial fraud.Why IAFCI's law enforcement and bank collaboration model, letting each side sit in on the other's sessions, is something conference attendees keep pointing to as a genuine differentiator.The recurring themes across nearly every conversation of transnational fraud schemes operating at scale, and why the fraud fighter community, not any single tool or team, is still fraud fighters' biggest advantage.

You should listen to this episode if you:Are a fraud, risk, or financial crimes professional who wants a real, one-the ground feel for what IAFCI conversations actually sound like.Are someone curious what a fraudster turned fraud fighter can teach the industry that a traditional investigator can’t.Are on a fraud team or a law enforcement investigator and looking for practical examples of bank enforcement and bank collaboration paying off.Are working adjacent to card skimming, prison financial crime investigations, or elder fraud and want real case examples.Are a fraud fighter, have felt isolated in your role, and want a reminder that the fraud fighting community changes what’s possible.