Life of Dr. Wells Leads Us to the Association of the CPE Dr. Wells is the founder and chairman of the Association of Certified Fraud Examiners. (ACFE). Dr. Wells did not always possess the reference of a confident human being that he needed to obtain his position he has in society today. Dr. Wells grew up and writes that “his Duncan, Oklahoma early childhood was difficult.”(Wells, 2011) and where there was no encouragement. His very own character models were his kin, and their opinion was that if you set high expectations, don’t expect them in paying back. Growing up with an alcoholic father who was also abstracted and a mother that caused her own issues, Dr. Wells had believed that he would not finish school as the rest of his kin. During
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There were not the kinds of scholarships and student aid, there is today. I was very fortunate that, as a veteran, I was eligible to attend college on the GI Bill. It paid for most of my education. I originally wanted to be an astronomer, but had great difficulty with abstract math. So I did a complete about-face and switched majors to accounting because jobs were plentiful and starting salaries were good; it wasn’t because I was enamored with debits and credits.” (Wells, 2011) This is where the CFE started its procedure of becoming where it is today. Dr. Wells had an opportunity to join the FBI as an investigator and his first white-collar crime case was about a young teller who had “borrowed” money from her cash drawer. (Carozza, 2011) Dr. Wells learned very fast that honesty and neutrality were very important in anti-fraud.
Wells states in the interview, “It would be easy to conclude that people, given any opportunity, will turn to dishonesty. Indeed, most internal fraud controls are developed with that thought in mind. But that simply isn’t true. Fraud is a complex tapestry of motivations. What that first case really taught me — which has been reinforced countless times — is that in the right set of circumstances, most people are capable of acting dishonestly. I say this not as a moral judgment, but rather as a simple fact”. (Wells,
There were not the kinds of scholarships and student aid, there is today. I was very fortunate that, as a veteran, I was eligible to attend college on the GI Bill. It paid for most of my education. I originally wanted to be an astronomer, but had great difficulty with abstract math. So I did a complete about-face and switched majors to accounting because jobs were plentiful and starting salaries were good; it wasn’t because I was enamored with debits and credits.” (Wells, 2011) This is where the CFE started its procedure of becoming where it is today. Dr. Wells had an opportunity to join the FBI as an investigator and his first white-collar crime case was about a young teller who had “borrowed” money from her cash drawer. (Carozza, 2011) Dr. Wells learned very fast that honesty and neutrality were very important in anti-fraud.
Wells states in the interview, “It would be easy to conclude that people, given any opportunity, will turn to dishonesty. Indeed, most internal fraud controls are developed with that thought in mind. But that simply isn’t true. Fraud is a complex tapestry of motivations. What that first case really taught me — which has been reinforced countless times — is that in the right set of circumstances, most people are capable of acting dishonestly. I say this not as a moral judgment, but rather as a simple fact”. (Wells,