After the financial crisis of the late 2000s, consumers looked to Washington to improve regulation, accountability and transparency of the financial industry. U.S. Sen. Christopher Dodd responded to this challenge with vigor by co-authoring the Dodd-Frank Wall Street Reform and Consumer Protection Act with U.S. Rep. Barney Frank. The Dodd-Frank Act, passed into law June 2010, created new rules to rein in abusive and fraudulent practices used by banks and lenders, and prevent future tax-payer- funded bailouts of Wall Street firms.

While the long-term effects of Dodd-Frank are unclear, the immediate implications for anti-fraud professionals are the act’s robust whistleblower provisions: Corporate whistleblowers may be entitled to between 10 percent to 30 percent of any government recovery in excess of $1 million. This incentive alone could have far-reaching effects for anti-fraud professionals in all industries.

With 30 years in the U.S. Senate and six years in the U.S. House of Representatives, Chris Dodd built a solid, commanding reputation for independence, vision and effectiveness that few in Washington can match. Dodd founded the first Senate Children’s Caucus, as well as authored the Family Medical Leave Act (FMLA), the Help America Vote Act (HAVA), Troubled Asset Relief Program (TARP) legislation and credit card reform legislation. He represented the state of Connecticut in Congress for 36 years before retiring in 2010. Dodd currently serves as chairman and CEO of the Motion Picture Association of America.

In 2011, Briton Michael C. Woodford, a 30-year veteran of Olympus Corporation, was the first Westerner to be named CEO of the Japan-based maker of cameras and medical equipment. He became a central figure in the Olympus scandal after he questioned sizable fees that Olympus had paid to hide losses from securities investments. At the end of September 2011, Woodford confronted Olympus’ Board of Directors on multiple occasions asking for answers to financial discrepancies and even delivered a commissioned PricewaterhouseCoopers’ investigation.

Woodford was abruptly fired Oct. 14, 2011, by the company’s executive board because of what the board cited as a “management culture clash.” The ousting was not only sudden and out of character for Olympus, but it sparked many questions about the board’s integrity. Just one month later, Olympus officials publically admitted to the U.S. FBI and UK Serious Fraud Office to having paid fraudulent advisory fees in a decades-long cover up valuing $1.7 billion.

In a Jan. 10, 2012, Wall Street Journal article titled, “Olympus to Retain Top Executives,” the attorneys investigating Olympus are cited as saying that, “…if former president Michael Woodford hadn't raised concerns about the company’s accounting, the loss-hiding may never have been discovered.”

Woodford was appointed a Member of the Order of the British Empire (MBE) in the New Year's Honours list in January 2002, and was recently honored as The Independent’s Businessperson of the Year. Woodford is a graduate of Millbank Business School and currently resides in England.

Olympus Corporation recently announced they are suing 19 current and former directors for $47 million in damages. Woodford also filed suit in January against Olympus for wrongful dismissal. 

Pamela Meyer’s mission is to help people become more accurate to get to the truth. In her best-selling book, Liespotting: Proven Techniques to Detect Deception, Meyer teaches you how to go from lie-spotting to truth-seeking to trust-building. Her non-stop presentations combine her extensive training and research with soft skills and business acumen to deliver an interactive presentation packed with valuable takeaways for you and your organization.

Used by business executives to identify the truth in high-stakes situations, the techniques Meyer teaches are pertinent to anti-fraud professionals, procurement officers, human resources representatives and medical professionals. At her private consulting firm, she trains corporate executives on facial micro-expression reading, advanced interrogation techniques, body language analysis, and behavior elicitation. She can tell you the  questions that will get people to tell you anything, and in just five minutes, she can train you to detect that single most dangerous facial expression to watch out for.

Diana B. Henriques is a senior financial writer at The New York Times and the author of The Wizard of Lies, a book about the Bernie Madoff scandal. She has largely specialized in investigative reporting on white-collar crime, market regulation and corporate governance.

Henriques was part of a reporting team that was named a Pulitzer finalist in 2003 for its coverage of the aftermath of the Enron scandal and of a team that won a 1999 Gerald Loeb Award for covering the near-collapse of Long Term Capital Management, a hedge fund whose troubles rocked the financial markets in September 1998.

She is also the author of three previous books: The Machinery of Greed, Fidelity's World and The White Sharks of Wall Street.