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FBI Software Pinpoints Top Phrases Used by Corporate Fraudsters

FBI software developed with advisory firm Ernst & Young unraveled the top phrases used in email conversations among employees engaged in corporate fraud, according to a press release. The technology can also pinpoint unusual changes in tone that can reveal fraud targeting specific sectors.

FBI Software Pinpoints Top Phrases Used by Corporate FraudstersSome of the most common expressions used by corporate fraudsters include “cover up”, “write off”, “grey area” and “failed investment.”

“Email traffic is only seized upon by regulators or fraud investigators when the damage has been done,” said Dr Rashmi Joshi, director of Ernst & Young’s Fraud Investigation & Disputes Services. “Firms are increasingly seeking to proactively search for specific trends and red flags – initially anonymously – but with the potential for investigation where a consistent pattern of potential fraud is flagged.”

By searching for key phrases such as “call my mobile” and “come by office,” the new software also shows if the employees engaged in fraud are afraid of being spied.

Here are the top 10 words and phrases in email conversations among corporate fraudsters:

1. Cover up

2. Write off

3. Illegal

4. Failed investment

5. Nobody will find out

6. Grey area

7. They owe it to me

8. Do not volunteer information

9. Not ethical

10. Off the books

About the author


Bianca Stanescu, the fiercest warrior princess in the Bitdefender news palace, is a down-to-earth journalist, who's always on to a cybertrendy story. She's the industry news guru, who'll always keep a close eye on the AV movers and shakers and report their deeds from a fresh new perspective. Proud mother of one, she covers parental control topics, with a view to valiantly cutting a safe path for children through the Internet thicket. She likes to let words and facts speak for themselves.

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