While no industry is immune to fraud, recent media reports have certainly highlighted the prevalence of fraud and corruption in the construction industry. Recent surveys also suggest that the incidence of fraud has been increasing in the construction industry. During this presentation, you will learn about some of the most common types of fraud schemes which are experienced in the construction industry, how such schemes are most likely to be detected and some of the difficulties associated with addressing construction fraud. With reference to some real life examples, the presenter will also identify some of the policies and practices which can be implemented in order to reduce the risk of construction fraud and decrease the time to detection.
Denise Bambrough, LL.B is a partner with Borden Ladner Gervais LLP. Ms. Bambrough was called to the Ontario Bar in 1992 after receiving her B.A. from the University of Toronto in 1987 and her LL.B from Osgoode Hall Law School in 1990. She practises extensively in the area of civil fraud recovery as part of BLG’s Fraud Law Group. Ms. Bambrough’s civil recovery practice involves representing victims of fraud in recovery proceedings and providing advice with respect to conducting investigations involving suspicions of employee fraud and other fraud investigations, fidelity bond coverage issues and fraud prevention. Ms. Bambrough also practises construction and surety bond law as part of BLG’s Construction & Engineering Group. She handles a wide variety of construction claims, including claims for breach of contract, breach of trust, construction liens and indemnity and other recovery claims arising out of construction projects. Ms. Bambrough is a frequent speaker on issues related to fraud detection, prevention and recovery.