developed an optimal audit policy for the scoring methodology. Our application is meant for the audit of insurance fraud but can … obtained with data from a large European insurance company. First, we are able to compute a critical suspicion index for fraud … Investigation Unit (SIU) when certain fraud indicators are observed. Fraud indicators are classified based on the degree to which …

protection against the costs of disclosure. To address these concerns, a private insurance model could spread the costs of fraud …The SEC should require crowdfunding issuers under the Jumpstart Our Business Startups Act to obtain private insurance … against liability based on Section 4A(c) of the Securities Act, using a model of Directors & Officers' liability insurance …