Knowing Your Enemy is the Best Line of Defense – June 20, 2023

Date June 20, 2023

Time 8:00-10:00

Location Fawcett Center

2400 Olentangy River Rd

Columbus Ohio 43210

CPE 1.5

Presentation Title: Matthew Cox (known recently from the Home Title Lock commercials) “Knowing Your Enemy is the Best Line of Defense”

Continental Breakfast included

$10 for Chapter Members | $50 for Non-Chapter Members

Apply for or renew your Central Ohio ACFE Chapter membership within the Membership section of our chapter website. You do not need to be an ACFE member to join our chapter. (If a new membership is purchased for this event it will be valid through the 2023-2024 year.)

Continental Breakfast 7:30-8:00am

 

Opening remarks / Introduction 8:00-8:05

*(Chapter members: Please stay through 10:00 A

M for board elections and results)

 

 

 

 

 

 

 

 

 

 

Matthew Cox’s Bio:

Matthew B. Cox is a former-licensed mortgage broker and brokerage business owner. He is a nationally recognized expert on white collar crimes, specifically, the creation of synthetic identities, the fraudulent acquisition of credit cards, personal loans, and mortgages. He has consulted with both county, state, and federal law enforcement, as well as banking industry fraud prevention departments.

Cox’s criminal case received national media attention after he used forgeries, combined with stolen and synthetic identities to bilk America’s biggest banks out of an estimated $55 million. Despite numerous encounters with bank security, state and federal authorities, Cox avoided capture for nearly a decade. Eventually he topped the Secret Service’s most wanted list, and led the U.S. Marshals, FBI, and the Secret Service on a three-year chase, while he continued to commit fraud.

Cox has been declared, “one of the most prolific mortgage fraud con artists of all time,” by CNBC’s American Greed. Bloomberg Businessweek called him, “the mortgage industry’s worst nightmare,” while Dateline NBC described Cox as, “a gifted forger and silver-tongued liar.” The Scotsman’s Guide revealed that, “a minimum of $40 million in fraudulent mortgages flowed through Cox’s brokerage business during his tenure.”

Cox has a Bachelor’s of Arts from the University of South Florida. He lives in Tampa, Florida, and he is available for speaking events and interviews.

 

 Presentation Title: Knowing Your Enemy is the Best Line of Defense

Using forgeries, I was able to convince the Social Security Administration to issue Social Security numbers to individuals that didn’t exist. I then persuaded multiple states’ DMVs to issue dozens of IDs and driver licenses in the names of synthetic and stolen identities. These real documents were then used to induce the U.S. State Department to issue valid U.S. passports.

By exploiting my knowledge of underwriting procedures and the credit bureaus’ systems, I was able to use those synthetic and stolen identities to defraud banks out of an estimated $55 million in mortgages, HELOC’s, personal loans, and credit cards.

In this talk, I will describe the incremental transgressions that led to the more complex financial crimes. My justifications for breaking the law and how with each success I became emboldened by the deceitful acts.

Ultimately, days before my office and home were raided, I fled. I was placed on the FBI, Secret Service, and the U.S. Marshals’ most wanted list. After a three year chase around the world, I was captured and sentenced to 26 years in prison.