Preventing Fraud Before It Happens...Uncovering Fraud When It Does
Recorded On: 05/20/2020
Governments are on heightened alert regarding fraud matters that impact their entities, especially the treasury office. Of particular concern are the sophisticated methods being used by external players to commit fraud, including phishing scams, cyber attacks, and false vendor invoicing or banking information. Governments need to have strong prevention policies, procedures, and plans in place to identify and address fraud before it becomes a reality in the finance office. In this session, attendees will hear from experts in the field and fellow finance officers who have experienced instances of external fraud and cyber attacks about lessons-learned and discover appropriate tools to prevent and react to fraudulent schemes.
SVP, Treasury Management Executive, Simmons Bank
Karen joined Simmons Bank as Senior Vice President in their Treasury Management Division in October 2016. With over 25 years of banking experience, she is responsible for aggressively developing new depository and treasury management fee income for the bank in the Missouri region for commercial, non-profit and government entities. Along with her sales territory responsibilities, Karen is instrumental in the development of the current and future treasury management product suite, creating specific Kodak sales training for Treasury Management Sales Consultants, as well as being an integral part of the M & A team for internal team members as well as external clients to ensure smooth product and system conversions.
Karen grew up in Niagara Falls, New York but has called St. Louis home for over 29 years.
Passionate about being an active member in the community, Karen has held numerous board positions for CREW St. Louis (Commercial Real Estate Women) and was President of the local chapter of 160 members from July 2014 – December 2015. She is the Treasurer of Books for STL Kids which is a non-profit whose mission is to stop illiteracy in underprivileged children and a board member for the St. Louis Community College Foundation. She is a current member of the American Financial Professionals Association (AFP), St. Louis Treasury Management Association (STLTMA), Governmental Finance Officers Association (GFOA) a member of the GOFA National Treasury and Investment Committee, Missouri Association of School Business Officials (MoASBO). CCIM and the Missouri Bankers Association.
Karen is a senior level banking professional offering a broad-based background and providing experience and success in strategic administration, leadership, product knowledge, business development, relationship management and sales.
Director of Finance and Administrative Services, City of Riviera Beach
Randy Sherman is the Director of Finance and Administrative Services for the City of Riviera Beach. Prior to joining the City in October 2012, Mr. Sherman’s first stint in Florida was 4 ½ years as the Finance Director for the City of West Palm Beach. Before his move to Florida, Mr. Sherman served as both the Finance Director and Deputy Finance Director for the City of Manchester, New Hampshire for 23 years. Mr. Sherman is currently in charge of Accounting and Financial Reporting, Budgeting, and Treasury functions including Cash Management and Capital Borrowing, Utility Billing, and Customer Service. Mr. Sherman is a University of Lowell graduate and is a Certified Public Accountant, a Certified Government Finance Officer and a Certified Treasury Professional.
Louis J. Boglioli, III, CGFO
Financial Services Director, City of Stuart
Louis has been in government service for nearly 20 years. Having interned with the City of New Orleans, LA, worked for the City of Belle Glade, FL, and for the last twelve plus years, has worked for the City of Stuart, FL. He is currently the Financial Services Assistant Director.
He received a BBA from Loyola University of the South, is a Florida Certified Government Finance Officer, is MOUS (mouse) certified in Excel and PowerPoint, and instructed adult learning classes for computers. During his tenure at Stuart, he has overseen, or at least been closely involved, with every major technological upgrade and installation for the City, especially those related to the financial reporting and fiscal management of the City.
The City of Stuart has been featured in government management related magazines for their advances and innovations in technology. He currently speaks at different engagements around the State of Florida concerning implementation of technology in government, and has been a presenter for the GFOA at the national conferences in San Antonio, Montreal, and Anaheim. Louis is the author of a case study titled "CUTTING THE RED TAPE TO GO PAPERLESS" in the book Case Studies on Digital Government.
Sherry Smith, CPA
Accounting Manager, Lewis & Clark County
Sherry Smith is the Accounting Manager for Lewis & Clark County (County) and resides in Helena, Montana. She is responsible for overseeing the accounting operations for the County including treasury, investments, audit, and financial reporting. Prior to the County, Sherry worked as an auditor for Anderson ZurMuehlen, focused primarily on governments and nonprofit organizations.
Sherry holds a B.A.S. in Business with an emphasis on accounting from Montana Tech of the University of Montana. She is a certified public accountant (CPA) and a member of the Government Finance Officers Association’s committee on Treasury and Investment Management.