Given that trillions of dollars’ worth of assets move through financial institutions on a daily basis, it is not surprising that these organizations are targets of fraud. The risk of fraud against financial institutions comes from every direction — customers, corrupt employees and anonymous third parties.
This course explores fraud schemes against financial institutions, and recommends controls and techniques designed to prevent and detect each type of scheme. The specific schemes include embezzlement and internal fraud, customer schemes, loan fraud, fraud by third parties, money laundering and institutional schemes.
Recommendations to prevent common internal employee fraud schemes
Ways for financial institutions to significantly reduce customer fraud
Examples of common loan fraud schemes against financial institutions
Insights on how identity theft can occur using financial institutions both internally and externally
Legal frameworks prohibiting fraudulent conduct involving financial institutions
ACFE Ordering and Return Policy
Table of Contents:
Lesson 1: Common Internal Fraud Schemes
Lesson 2: Customer Schemes
Lesson 3: Loan Fraud
Lesson 4: Fraud by Outside Parties
Lesson 5: Money Laundering
Lesson 6: Institutional Schemes
Lesson 7: Legal Framework of Financial Institution Fraud
Lesson 8: Fraud Risk Assessment
Lesson 9: Elements of a Fraud Prevention Program
You Will Learn How To:
Recognize common internal, external and money laundering fraud schemes at depository institutions
Identify the legal elements of fraudulent conduct against financial institutions
Recognize the factors involved in planning and conducting a financial fraud risk assessment
Determine the internal controls and policies needed to prevent fraud committed against the institution
Field of Study: Specialized Knowledge
Last updated: November 2017
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