Now The FBI Has A Corporate Anti-Fraud Program That Scans Emails For 3,000 Suspicious Phrases
Given how notorious Wall Streeters are for writing embarrassing e-mails that are later used against them in court (see: Libor scandal), they should really take note of this news.
The FBI has developed new software that scans e-mails for buzz words and phrases that indicate the sender (and receiver) or said mail are up to no good, the FT reports. There are over 3,000 words and phrases that would raise a red flag in the program.
Accounting firm Ernst and Young found out about this program after looking through evidence from corporate investigations in conjunction with the FBI.