databahn looks at three cases of corporate, internal fraud where E-mail Mining For Fraud Detection could have prevented financial loss.

1. By
3 Instances Where E-Mail Mining
For Fraud Detection…
Could’ve Prevented Financial Loss

2. Do You Recognize Any Of These
Corporate Fraud Headlines?
Breaking News

3. It’s ok if you don’t
remember…
because we’ll give you all of the details!

4. The databahn Times
Mike Kail
Senior Netflix executive receives bribesCase # 1:
• Mike Kail was the former VP of Information
Technology Operations
• Kail made a deal with IT service providers to receive
bribes of 12% - 15% of the total deal value
• Kail earned $490,000 in kickbacks
• Netflix uncovered the fraud after Kail left
• Netflix uncovered e-mails discussing “referral fees”
• Kail got away with the crime because he was an
upper-level employee

5. The databahn Times
British software company, Autonomy,
falsifies numbers
Case # 2:
• HP acquired Autonomy for $11.1 billion in 2012
• HP discovered Autonomy misrepresented its
finances – by $5.55 billion
• HP filed a $5.1 billion lawsuit against Autonomy
• E-mails were discovered between the former CFO
and founder
• Included the phrases “covered up” and
“imaginary deals”
• E-mails were checked and the truth was discovered
after the deal had gone through

6. The databahn Times
Former law partner shares private
information with opposing attorney
Case # 3:
• A former law partner at Willkie Farr & Gallagher, Keila
Ravelo, had suspicious communications with the
opposing counsel
• Ravelo had an established friendship with the opposing
counselor
• The law firm found e-mails and attachments concerning
the American Express litigation
• The opposing counselor sent Ravelo documents secured
under the American Express litigation protective order

7. What These Headlines Have In Common…
Besides Fraud
FRAUD
!
?

8. Proof of Fraud:
Autonomy E-mail
From The Telegraph
E-Mail conversation between the CFO and founder

9. E-mail Mining Would Have Saved…
Time
Money
Median fraud duration in 2014 was 18 months
Median loss in 2014 was $145,000
*stats from Association of Certified Fraud Examiners’ Report to Nations
Reputation
Your reputation is immeasurable

10. Internal Fraud Can Happen To Any
Company
Small Company Large Company
You need to implement a proactive approach!

11. You’ve Seen Enough Fraud In The
News...
YOU
Don’t become the next headline!

12. For more information, check out our blog at
www.databahn.com/blog
@844databahn
Databahn
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