Content Provider
Melio middlebanner 050521
Handout Materials
Presentation Slides
Additional Materials
Deconstructing a Fraudster
Webinar FAQs
Free cpe webinars
Think like a Fraudster to Catch a Fraudster


Cost Free
Presentation Length 1.5 hours

Recorded DateApril 12, 2021
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaSpecialized Knowledge
Course LevelBasic
Series: Cybersecurity
Course Description

In our personal and professional lives, we are susceptible to fraud on a continual basis. Trust is the foundation for building individual and business relationships, but trust is also a fraudster’s best friend. Differentiating between meaningful relationships and fraud requires understanding the motivation and rationale that fraudsters use to justify their actions. This understanding is a critical component in predicting and recognizing fraudulent behavior. Once you understand the fraudster rationale, your next step in prevention is situational awareness, or being aware of and taking responsibility for your physical well-being and security. This compelling session will focus attention on the dynamics behind what makes a fraudster tick and how to use that knowledge to recognize fraudulent behavior.

Learning Objectives:

  • Identify and recognizing fraudulent behavior

  • Determine the thought process of a fraudster

  • Identify what motivates good people to commit fraud

  • Recall the consequences of fraud

  • Determine the best practices to deter and prevent fraud

Not logged

Mr. Lormel retired from the Federal Bureau of Investigation (FBI) in December 2003, having served 28 years as a Special Agent. During his distinguished career, Mr. Lormel amassed extensive significant case experience as a street agent, supervisor, and senior executive, particularly in complex, document, and labor-intensive financial-related investigative matters. In December 2000, Mr. Lormel was promoted to Chief of the FBI’s Financial Crimes Program.  

Immediately following the terrorist attacks of September 2001, Mr. Lormel formulated, established, and directed the FBI’s comprehensive terrorist financing initiative. He developed and implemented a variety of proactive and progressive investigative methodologies. These efforts evolved into forming a formal Section within the FBI’s Counterterrorism Division, known as The Terrorist Financing Operations Section. This multi-agency, multi-disciplined entity attained international recognition as one of the world’s elite operations for tracking, investigating, and disrupting terrorist-related financial activity. For his visionary contributions, Mr. Lormel received numerous commendations and awards from the U.S. Department of Justice and the George H. W. Bush Award for Excellence in Counterterrorism from the Central Intelligence Agency.

Over the last 14 years, Mr. Lormel has served as the founder and President of DML Associates, LLC, where he provides consulting services and training related to terrorist financing, money laundering, fraud, financial crimes, suspicious activity, and due diligence

About Our Presenter

DML Associates provides a wide range of independent consulting services to the financial, corporate, government and legal communities. Our mission is to assist our clients with advisory services that enable them to meet compliance obligations, make sound risk decisions, and maximize operational efficiencies.
Under the leadership of the principal, Dennis M. Lormel, DML Associates possesses the unique ability to provide credible and actionable financial intelligence in a timely manner utilizing a diverse and broad based network of subject matter experts. The quality of the information DML Associates provides enables and assists clients in making critical decisions to address a myriad of sensitive issues. DML Associates works closely with clients to recognize the nexus between fraud and money laundering, maximize compliance efficiencies, and minimize redundancies.