Fraud Detection & Prevention: Essential Tactics

Description

Welcome to Fraud Detection & Prevention: Essential Tactics. In this course, you'll learn:

1. Overview of Fraud:

   • Definition and nature of fraud
   • Historical perspectives
   • Impact on individuals, organizations, and society

2. Types of Fraud:

   • Asset misappropriation
   • Corruption
   • Financial statement fraud
   • Identity theft
   • Cyber fraud
   • Consumer fraud

3. Banking Frauds:

   • Insider fraud
   • Account takeovers
   • Phishing and social engineering
   • Wire fraud
   • ATM skimming

4. Fraud Prevention:

   • Internal controls and their importance
   • Risk assessment
   • Fraud prevention strategies
   • Employee training and awareness programs

5. Fraud Detection:

   • Data analytics and pattern recognition
   • Red flags and warning signs
   • Technology-driven detection methods
   • Auditing techniques

6. Fraud Evidence:

   • Types of evidence
   • Chain of custody
   • Preservation and admissibility
   • Digital evidence in fraud cases

7. Fraud Response:

   • Incident response planning
   • Crisis management
   • Communication strategies
   • Legal and regulatory obligations

8. Fraud Investigations:

   • Conducting a fraud investigation
   • Interview techniques
   • Documenting findings
   • Collaborating with law enforcement

9. Bribery:

   • Definition and forms of bribery
   • Anti-bribery laws and regulations
   • Implementing an effective anti-bribery program
   • Case studies and real-world examples

10. Laws, Legislation, and Courtroom:

    • Overview of relevant laws and regulations
    • Role of legal frameworks in fraud prevention
    • Courtroom procedures and expert witness testimony
    • Recent legal developments in fraud cases