Public Safety Personnel Retirement System
State of Arizona
NEWS RELEASE
Contact: Christian Palmer
Phone: 602-296-3736
PSPRS Joins Movement to Shine a Spotlight on Fraud
International Fraud Awareness Week kicks off worldwide
ARIZONA – $3.1 billion lost to fraud. Those were the total losses calculated in Occupational Fraud 2024: A Report to the Nations, the latest report from the Association of Certified Fraud Examiners (ACFE) which analyzed 1,921 occupational fraud cases.
The seriousness of the global fraud problem is why PSPRS announced that it will be participating in International Fraud Awareness Week, November 16–22, as an official supporter to promote anti-fraud awareness and education. The movement, known commonly as Fraud Week, champions the need to proactively fight fraud and help safeguard business and investments from the growing fraud problem.
PSPRS 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, for the yearly Fraud Week campaign.
PSPRS’ Certified Fraud Examiners (CFE) include Chief Auditor Cathleen Davis, Chief Compliance Officer Angela Egelhoff and Investment Accountant Tim Jackson. CFEs are trained professionals who possess a unique set of diverse skills in preventing, detecting and investigating fraud.
For more information about increasing awareness and reducing the risk of fraud during International Fraud Awareness Week, visit FraudWeek.com.
About PSPRS
The PSPRS trust includes the Public Safety Personnel Retirement System, Corrections Officers Retirement Plan (CORP) and the Elected Officials Retirement Plan (EORP), serving approximately 60,000 retired and active members.
PSPRS is governed by a nine-member board consisting of four members of PSPRS-managed retirement plans and five civilians who meet stringent requirements for financial, investment and business expertise.
About the Association of Certified Fraud Examiners
Based in Austin, Texas, the ACFE is the world’s largest anti-fraud organization and premier provider of anti-fraud training and education. Together with more than 95,000 members, the ACFE is reducing business fraud worldwide and inspiring public confidence in the integrity and objectivity within the profession. For more information, visit ACFE.com.