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Fraud Awareness Week Casts Spotlight on White Collar Crime

Thu. November 05, 2009; Posted: 08:00 AM
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NEW YORK, Nov 05, 2009 (BUSINESS WIRE) -- GLOI | Quote | Chart | News | PowerRating -- GlobalOptions Group, Inc. (NASDAQ: GLOI | Quote | Chart | News | PowerRating) announced that it will be participating in International Fraud Awareness Week, Nov. 8-15, 2009 as an Official Supporter to promote anti-fraud awareness and education. Fraud Awareness Week comes during a time when intense financial pressures caused by the economic crisis have led to an increase of fraud, according to a survey of fraud experts conducted by the Association of Certified Fraud Examiners (ACFE).

GlobalOptions, a leading provider of domestic and international risk management services, joins hundreds of organizations who have partnered with the ACFE, the world's largest anti-fraud organization and premier provider of anti-fraud training and education. Official Supporters will engage in various activities in support of the anti-fraud movement. These initiatives include hosting fraud awareness training for employees and/or the community, conducting employee surveys to assess levels of fraud awareness within their organization, posting articles on their web site and in newsletters and teaming with local media to highlight the problem of fraud.

"We are excited to participate in this year's International Fraud Awareness Week," says Frank Pinder, President of GlobalOptions Group's Fraud & SIU unit. "Given the alarming increase in insurance fraud over the past 18 months, we feel it's more important than ever to support events that will raise awareness of the various types of financial fraud."

ACFE President James D. Ratley, CFE, said that the support of organizations around the world helps make Fraud Week an effective tool in raising anti-fraud awareness.

"Fraud continues to be a serious problem, and the state of our economy requires all organizations to be even more vigilant," Ratley said. "Once again, we want to say 'thank you' to all of the Fraud Awareness Week supporters for helping to shine a spotlight on the urgent need for fraud prevention and detection."

For more information about increasing awareness and reducing the risk of fraud during International Fraud Awareness Week, visit www.FraudWeek.com.

About GlobalOptions Group, Inc.

GlobalOptions, with headquarters in New York City and offices in 16 cities, is an integrated provider of risk mitigation and management services to government entities, FORTUNE 1000 corporations and high net-worth and high-profile individuals throughout the world. We enable clients to identify, assess and prevent natural and man-made threats to the well-being of individuals and the operations of governments and corporations. In addition, we assist our clients in recovering from the damages or losses resulting from the occurrence of acts of terror, natural disasters, fraud and other risks. Our services currently include risk management, security, investigations, litigation support, anti-fraud solutions, business intelligence, and crisis management and preparedness services. Additional information can be found at www.globaloptions.com.

About the Association of Certified Fraud Examiners

The ACFE is the world's largest anti-fraud organization and premier provider of anti-fraud training and education. Together with nearly 50,000 members in over 125 countries, the ACFE is reducing the incidence of fraud and providing the training and resources to fight fraud more effectively. For more information about the ACFE, visit www.ACFE.com.

Statements in this press release regarding the company's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. The company wishes to caution readers not to place undue reliance on such forward-looking statements, which statements are made pursuant to the Private Securities Litigation Reform Act of 1994, and as such, speak only as of the date made. To the extent the content of this press release includes forward-looking statements, they involve various risks and uncertainties including the successful integration of the acquired businesses, projected financial information, and the continued successful implementation of the company's business strategy.

Certain of these risks and uncertainties will be described in greater detail in GlobalOptions Group's filings with the Securities and Exchange Commission. GlobalOptions Group is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

SOURCE: GlobalOptions Group, Inc.

Lippert/Heilshorn & Assoc. 
PR: 
Adam Handelsman, 212-201-6622 
ahandelsman@lhai.com 
or 
IR: 
Jody Burfening, 212-838-3777 
jburfening@lhai.com
For full details for GLOI click here.

    


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