Having the ability to identify the signs of fraud is important for a variety of positions, but especially if you own your own business. Money laundering, which is often how a criminal will hide assets that have been fraudulently gained, is a problem that is intricately connected to the issue of fraud, and therefore it is vital to be aware of it. While at times overlooked, billions are lost annually due to cases of fraud.
These losses could damage a business or reputation or even cause an organisation to fail. This is why being aware of the many tools and skills available to detect cases of fraud are absolutely essential and, as an employer, it always makes a lot of sense to familiarise as many of your staff as possible on this issue.
This important 25 module course will guide your employees through everything they need to know, in order to combat fraud and money laundering practices within your organisation.
What’s covered in the course?
In this course, staff will learn about:
- The different types of fraud and how to identify them;
- What a typical offender would look like, and how to recognise suspicious behaviour;
- Techniques that are most commonly employed by criminals, in order to cheat an organisation;
- The psychology of the individuals that perpetrate these crimes and what motivates their behaviour, beyond the obvious financial incentive;
- How those at the top of an organisation or in politics can engage in fraud through bribery and corruption;
- The most effective tools available, in order to identify fraud and how to utilise them;
- How fraud can damage anyone through identity theft and what to do, if you find that someone has stolen your identity;
- Safeguards that your employees can put in place, in order to prevent fraud before it can ever;
- What money laundering is and the variety of different methods that are commonly employed, in order to hide assets.
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Course Duration: 15
Total Modules: 25
Module 1: Fundamental Concepts
Module 2 : The Human Element of Fraud
Module 3 : Financial Crime
Module 4 : Fraud Analysis
Module 5 : The Analytical Process
Module 6 : Methodologies
Module 7 : Identity Theft
Module 8 : Correlation, Trend Analysis
Module 9 : The Fraud Management Process
Module 10 : Bribery and Corruption
Module 11 : Fraud Detection
Module 12 : Fraud Solutions
Module 13 : Taking Action
Module 14 : Bank Fraud
Module 15: The Investigative Process
Module 16: New Fraud Tools
Module 17: What is Money Laundering?
Module 18: Methods of Money Laundering
Module 19 : An Introduction to Money Laundering Regulations
Module 20 : The Proceeds of Crime and Terrorism Acts
Module 21 : The HMT Sanctions List and Client Identification
Module 22 : The Financial Services and Markets Act
Module 23 : Record Keeping and Training
Module 24 : Disclosure to the NCA
Module 25 : Internal Reporting / Staff Training
