Fraud Week, officially known as International Fraud Awareness Week, is an annual event dedicated to raising awareness about fraud and promoting anti-fraud practices.

 

Organized by the Association of Certified Fraud Examiners (ACFE), it involves activities and campaigns to educate individuals and organizations on how to identify, prevent, and combat fraud effectively.

 

The event encourages businesses, governments, and communities worldwide to engage in discussions and initiatives to reduce the impact. ARIDAN is an official supporter of International Fraud Awareness Week 2025 to continue to help Shine a Spotlight on Fraud and raise anti-fraud awareness.

 

 

ABOUT FRAUD

Organizations worldwide lose an estimated 5% of their annual revenues to fraud, according to “Occupational Fraud 2022: A Report to the Nations.” Despite advancements in digital payments, remote work, and technology, the methods used by fraudsters remain consistent.

 

The Association of Certified Fraud Examiners (ACFE) defines fraud as any deceptive activity for personal gain. It becomes a crime when it involves a knowing misrepresentation of the truth or the concealment of a material fact to induce another to act to their detriment.

 

Fraud can take many forms, including corporate fraud, consumer fraud, tax fraud, and identity theft. In Latin America and the Caribbean, the top three fraud schemes are corruption, financial statement fraud, and noncash schemes. The most common ways occupational fraud is detected in these regions are through tips (often anonymous), internal audits, and management reviews.

 

SUPPORTING FRAUD WEEK 2025

Fraud is like a virus that flourishes in environments weakened by corruption and the absence of checks and balances. It’s a persistent threat that demands continuous vigilance and action. Lowering defenses or becoming more lenient only strengthens its grip. Citizens have to raise these issues in the court of public opinion, especially when our representatives seem compromised.

 

Last year, we participated with “THE CURIOUS CASE of SUNTOURS”, a short exploration of a fictional fraud case, written in a novel style and available as an audio drama., This year, will continue the tradition by exploring other cases.

 

 

THE CURIOUS CASE OF BLUE OCEAN INSURANCE

 

In the heart of the vibrant Blue Ocean City, Poirot & Christie Consulting Services stands as a trusted name in the financial industry. Specializing in fraud detection and prevention, the firm is known for its integrity, precision, and unwavering commitment to the truth.

The team—led by sharp-eyed senior consultant Christie Parker—has just been handed a high-profile case that will push their skills to the limit. Alongside her is Poirot Montclair, co-founder and forensic accountant renowned for uncovering hidden patterns; Gina Stark, the IT and cybersecurity expert with unmatched talent for tracing digital evidence; and Danny Jones, the OSINT investigator who can find information in the most unexpected places.

 

CHAPTER 1: THE SUSPICIOUS CLAIMS

Blue Ocean Insurance alerts the team to a sudden spike in high-cost claims from private clinics using an AI diagnostic platform. The diagnoses involve rare diseases unlikely to appear in the region. Gina discovers irregularities in the AI’s reasoning engine, while Danny notes that the clinic’s founder, Dr. Selina Moon, has recently launched a biotech venture pushing AI-driven billing.

 

CHAPTER 2: THE CODE UNDER THE KNIFE

Gina finds a hidden override script embedded in the AI system. It artificially increases the likelihood of severe diseases—just enough to trigger high-risk classifications and expensive insurance payouts. The evidence suggests deliberate manipulation, with MoonTech, Dr. Moon’s AI company, at the center of it.

 

CHAPTER 3: PATTERNS IN THE PATIENTS

Patient data reveals impossible clusters of rare illnesses. Financial reviews show MoonTech receiving sudden capital injections shortly after each insurance billing cycle. Audit logs have been conveniently erased every 30 days, clearly signaling a cover-up..

 

CHAPTER 4: THE CONFRONTATION

Christie and Poirot confront Dr. Moon. She claims the AI was optimized to detect rare conditions, but the team counters with proof of manufactured false positives and fraudulent billing. Presented with the full report, Dr. Moon’s calm façade begins to crack.”

 

CHAPTER 5: CODE RED

Gina sends the evidence to regulators and medical authorities. Within 48 hours, MoonTech’s systems are seized, and Dr. Moon is arrested on charges of healthcare fraud and reckless endangerment. Blue Ocean Insurance begins informing patients they were never ill.

 

CHAPTER 6: ETHICS IN THE MACHINE

Reflecting on the case, the team notes that this wasn’t an AI malfunction—it was human greed encoded into machine logic. Before long, a new alert arrives: an AI fraud detection tool at a major bank is flagging low-risk customers and missing high-risk ones. Another case awaits.

 

CHAPTER 7: CLOSING

Fraud Never Stops. Neither Should We.
Fraud Awareness Week 2025 — safeguarding the future with integrity.
“The Curious Case of Blue Ocean Insurance” is a fictional story inspired by the ACFE’s mission to combat fraud.

 

The Curious Case of Blue Ocean Insurance is a fictional story and part of a wider fraud-awareness narrative series. It is inspired by the ACFE’s mission to combat fraud and protect the integrity of our systems. The series was inspired by the adventure-style interactive game “HELP CATCH THE BAD GUYS” prepared by the Association of Certified Fraud Examiners for the International Fraud Awareness Week. Any resemblance to actual persons, living or dead, or to actual events is purely coincidental.”

 

But we’re not finished yet. Check the video version on our YouTube page!

 

 

PROTECT YOURSELF

Fraud affects people around the world regardless of age, race, gender, religion, or any other factor, and justice doesn’t show up for everyone. Most people have been victims of fraud or know someone who has.

 

In reality, we know many stories where integrity goes out the window when people are confronted with situations like our heroes did because they have been threatened or simply don’t have a moral compass to stand their ground. If you find yourself a victim of fraud, it is important to report it to at least have a voice in the court of public opinion.

 

You can contact a CFE in your area for assistance or report fraud to the appropriate institutions. Visit the ACFE for more information: Protect Yourself from Fraud and Help Catch the Bad Guys. The fight never stops.

 

 

This year there are many coordinated events during International Fraud Awareness Week for people to attend. Make sure not to miss out on the events taking place online (some of which are free to attend) during International Fraud Awareness Week. Explore this year’s events on Fraudweek.com!